Melbourne- The world's second most real estate value added potential city.
Date:2014/08/12
[Fangtx] According to the latest foreign report noted that Melbourne is a new star in future global real estate market, which also indicates that Melbourne housing price will increase continuously. Report listed 12 cities with most potential of value added real estate market, they believe that these cities will surpass the comprehensive development old city, for example New York and London. These 12 cities have a lot of value added factor that cannot be monetary measured, such as climatic environment, quality of life, government planning, economic base, technology industry, growth potential, etc. Showed that others factors and housing price will be definitely not the main factor when make of purchase decision. These also attractive of domestic and international investors.
On the list, the second is Melbourne, Tel Aviv is the first and Chennai India ranked 12. Using of two-bedroom apartment for comparison, in the best location in Chennai, the price is USD $160,000, while in Tel Aviv, the price will be USD $1.45 million. For ultra-wealthy people, the real estate was a unique asset, all investment data show that the world is focusing on those developing city with high quality real estate project. Real estate market will be significant role for international investment, and investors will look forward the future, find a world- class target from potential city.
Meanwhile, report also reminds us regarding the condition of a city being investment target.
1. English as a main or second language
2. With emerging technology industry
3. Financial center for others countries
4. Has attracted of multinational corporation and international consortium environment
5. Good education citizens
12 urban real estate market growth:
1.TelAviv,Israel
2.Melbourne,Australia
3.Miami,USA
4.Chicago,USA
5.Dublin,Ireland
6.Panama City,Panama
7.Beruit,Lebanon
8. Istanbul,Turkey
9.Cape Town,South Africa
10.Jakarta,Indonesia
11.Lagos, Nigeria
12.Chennai,India