{"id":581,"date":"2016-01-01T13:26:16","date_gmt":"2016-01-01T06:26:16","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/global-luxury-property-buyers-really-want-to-live-in-melbourne\/"},"modified":"2016-01-03T17:51:32","modified_gmt":"2016-01-03T10:51:32","slug":"global-luxury-property-buyers-really-want-to-live-in-melbourne","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/global-luxury-property-buyers-really-want-to-live-in-melbourne\/","title":{"rendered":"Global luxury property buyers really want to live in Melbourne"},"content":{"rendered":"


\nSome sellers are actually setting limits for foreign buyers
\nShadow Play, located in Southbank, Melbourne
\nMelbourne truly lives up to its reputation.
\nRecently named by the Economist Intelligence Unit as the most liveable city in the world, Melbourne is currently one of Australia\u2019s top draws for\u00a0foreign buyers eager to own a home.
\nDue to anticipation of strong demand from overseas buyers, one boutique real estate developer, Anthill Realtors, decided to set a 30 percent limit on the proportion\u00a0of foreign to local buyers for its luxury, freehold residential project in Southbank\u2013 and it was recently maxed out.
\nMore: SG housing developer is Melbourne\u2019s newest kid on the block
\nThe developer\u2019s latest project in the city, dubbed \u2018Shadow Play\u2019, is a 46-storey tower that became\u00a0a hit with offshore buyers from Mainland China and Hong Kong. Aside from its very accessible location on the nexus of City Road and Clarendon Street, less than a kilometer from Melbourne city centre and only a six-minute walk to the Crown Casino and Entertainment Complex, the property boasts views of the city\u2019s parklands, nearby botanical gardens and the Port Phillip Bay, adding to its allure.
\n\u201cShadow Play\u2019s prime location, coupled with its competitive pricing has drawn strong interest from overseas investors who recognise the development\u2019s potential to appreciate in the long run,\u201d said\u00a0Rhonda Wong, CEO of Anthill Realtors Pte Ltd.
\nDesigned by Melbourne\u2019s very own architect Elenberg Fraser, with interiors by the Hecker Guthrie firm,\u00a0the property\u00a0offers a total of 496 residential units, with a selection of one-, two- and three-bedroom apartments.\u00a0Amenities include digital connectivity, concierge facilities, an in-house lounge and a dedicated gym for residents-only.
\nMore: New luxury property boosts South Yarra\u2019s reputation as Melbourne\u2019s coolest enclave
\nWong added that the weakening of the Australian dollar is also contributing to the attractiveness of Australian properties for international buyers including affluent Singaporeans, who are the year-to-date\u2019s second-biggest source for inbound investments down under, with a cumulative spending of AUD5.7 billion (USD4.58 billion).
\nCapitalising on this investment trend, Anthill Realtors are still on the hunt for Singaporean buyers who may\u00a0be interested in owning another home in Victoria\u2019s crown jewel.
\n
\nSource : property-report.com
\nRead more…Global luxury property buyers really want to live in Melbourne<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Some sellers are actually setting limits for foreign buyers Shadow Play, located in Southbank, Melbourne...<\/p>\n","protected":false},"author":1,"featured_media":582,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-581","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-property-news"],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2016\/01\/2952-Shadow_Play_Unveils_The_Art_of_Extraordinary_Luxury_Living.jpg-1024x689.jpeg?fit=1024%2C689&ssl=1","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-9n","jetpack-related-posts":[{"id":39263,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/brunei-prince-turns-profit-from-sale-of-melbourne-university-building\/","url_meta":{"origin":581,"position":0},"title":"Brunei prince turns profit from sale of Melbourne university building","date":"December 30, 2016","format":false,"excerpt":"\r Fierce competition for this property Yarra River in Melbourne at sunset looking towards Southbank. 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