FIRB Q4 Quarterly Report
In the last quarter report for the financial year, China remains the largest source of investment for approved residential real estate investment proposals by number and value ($1.1 billion). The next two largest sources of residential investment were Hong Kong SAR ($0.2 billion) and Vietnam ($0.1 billion).
Vietnam continues to invest into Australia and position itself as one of the leaders, increasing its investments into Australia since the last quarter. Australia has many favourable factors, such as stable economic growth and strategic partnerships which have increased investor confidence.
In the coming months, we anticipate even more opportunities to emerge as Vietnam navigates its path forward. Our dedicated team at KINX is prepared to offer tailored solutions that cater to the evolving needs of our investors.
Table 4: Top 10 sources of investment by value of approved residential real estate proposals*