SINGAPORE, April 5 — iProperty International will hold private events in Malaysia and Indonesia as part of its South-East Asian marketing campaign for The Towers at Elizabeth Quay, Australia.
In a statement Tuesday, iProperty said, supported by digital campaigns and the International Property Expo, they hoped to reach an audience of buyers benefiting from the attractive exchange rates.
“The Towers, slated to be one of Perth’s iconic developments, has seen 60% of its units snapped up since its January launch.
“It offers buyers one-, two- and three-bedroom apartments and penthouses starting from A$763,000 (A$1 = RM2.95). Presently, Perth properties are providing good returns with rental yields at 3.8%,” it said.
Singapore General Manager/Chief Business Development Officer at iProperty Group, Sean Tan, said the Singapore dollar, for example, has risen against the Australian dollar by roughly 13 per cent over the past 24 months.
“Asia-based property buyers love Australia whether for lifestyle, studies or retirement plans. Australian properties are hugely appealing,” Tan said.
iProperty has also launched its White Paper focusing on Australia’s property market, to ensure that investors are equipped with the necessary information when investing, he said.
“It provides insights into current trends in the Australia’s property market with a shortlist of Australia’s property hotspots and analysis of rental yields.
“The White Paper also includes legislative changes affecting foreign property investors looking to invest in Australia’s property market and is available at insights.iproperty.com,” it said.