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Chinese buyers looking property during New Year celebrations

first_imgHarcourts Coastal director of international marketing, Ray Wei, said he handled about up to 20 new Chinese buyers a week on the Gold Coast. Picture: Jerad WilliamsGOLD Coast real estate agents are gearing up for an influx of wealthy Chinese property buyers this weekend flying in to celebrate Chinese New Year.With many Chinese tourist staying on the Glitter Strip, property experts say up to half will inspect a property during their stay. Hope Island is the number one suburb on the Coast among Chinese property seekers over the past six months with more than 550 searches, according to realestate.com.au.More from news02:37Purchasers snap up every residence in the $40 million Siarn Palm Beach North12 hours ago02:37International architect Desmond Brooks selling luxury beach villa1 day agoIt ranked seventh in Queensland with the Brisbane suburb of Carindale leading the search charge.Harcourts Coastal agent Sally O’Neill said half of her property inquiry in Hope Island came from potential Chinese buyers.“They’re especially interested in the high-end properties,” she said.“They like the fact that they’re in gated enclaves as they can then go back to China and know their house is safe and secure.”Harcourts Coastal director of international marketing, Ray Wei, said he handled about up to 20 new Chinese buyers a week on the Gold Coast.He said the golfing, fishing and boating lifestyle at Hope Island as well as the security and its proximity to Brisbane made the suburb attractive to Chinese buyers.last_img read more

Men’s tennis: Badgers fall to ranked Ohio State, Penn State over weekend

first_imgThe University of Wisconsin men’s tennis team (7-8, 1-4 Big Ten) fell in back-to-back matches over the weekend, losing by a score of 6–1 to both No. 1 The Ohio State (20-2, 4-0) and No. 37 Penn State (13-5, 4-1). The Badgers were simply overpowered by two top teams in the Big Ten conference and the country, as they could only muster one point in each match.The Buckeyes dominated behind junior JJ Wolf, the highest ranked collegiate player in the nation, who won his match-up with senior Osgar O’Hoisin in straight sets, 6–2 and 7–5. Wisconsin’s lone point came from freshman Jared Pratt, who upset Ohio State’s senior Hunter Tubert, 6–2 and 6–4.Despite the loss, Wisconsin Head Coach Danny Westerman was pleased with the teams efforts against their highly ranked opponent.“Ohio State showed why they are No. 1 in the country in tonight’s match,” Westerman said. “I was happy with our fight. There were definitely some moments out there tonight where we played well.”The Badgers came back out Sunday afternoon to take on the Penn State Nittany Lions at University Park, Pennsylvania. In a déjà vu match, the Badgers again fell 6–1, again scoring their lone point from Pratt, who defeated Penn State freshman Jordan Nickerson in straight sets, 6–4 and 6–4.Men’s tennis: Wisconsin takes first round of Big Tens versus Nebraska, Michigan nextThe No. 6 University of Wisconsin men’s tennis team finished off No. 11 Nebraska in dominating fashion with a 4–1 Read…“We showed a lot of heart out there today but unfortunately Penn State stepped up big in the singles category,” Westerman said of the team’s singles performance.Wisconsin was also able to earn a doubles win as sophomore Robert Krill and junior Chase Colton put together a solid performance to win 7–5 against juniors Christos Antonopoulos and Christian Lakoseljac.“Penn State is a very good team,” Westerman said. “They have proven it this year with some tough wins. Every Big Ten Conference road match is going to be tough. We almost came back after being down breaks on all three doubles courts — which was a huge momentum swing.”With the defeats, Wisconsin has now lost five consecutive matches after beginning the season 6-1.They’ll look to turn it around this weekend with home matches against the Indiana Hoosiers and the Purdue Boilermakers Friday and Sunday, respectively. Both matches will be played at Nielsen Tennis Stadium.last_img read more