Asian developers say ‘what’s the drama’

Original article by Su-Lin Tan
The Australian Financial Review – Page: 1 & 50 : 2-Oct-14

Chinese property developers have rejected claims that Asian investors are dominating the Australian residential property market. Country Garden Australia CEO Johnson Zhang said that local developers are competing for residential development sites, so claims that foreign investors are inflating prices are false. He said that the second-hand market offers enough housing for local buyers

CORPORATES
COUNTRY GARDEN HOLDINGS COMPANY LIMITED, SHANGHAI GREENLAND GROUP COMPANY LIMITED, MERITON APARTMENTS PTY LTD, GUANGZHOU R AND F PROPERTIES COMPANY LIMITED, FRAGRANCE GROUP LIMITED, ASPIAL CORPORATION LIMITED, UEM SUNRISE BERHAD, CROWN RESORTS LIMITED – ASX CWN

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