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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

What the breakup of Phil Jackson and Jeanie Buss means to Lakers future

first_imgLOS ANGELES >> They had been together so long, you forgot that splitting up was even a possibility.Then with a tweet – poof.We’re talking about Phil Jackson here, of course. But the other half is not just Jeanie Buss, his fiancée of four years, but the Lakers organization at large. Even though he last coached the Lakers in 2011, and even though he left town to run the Knicks a few years later, his long-time relationship with Buss served as the tie that you always assumed might lead him back to L.A.Citing the difficulties of maintaining a relationship while he lived in New York, and she remained in Los Angeles, Jackson and Buss announced Tuesday night on Twitter they had ended their engagement. The break-up reinforces one important thing with Jeanie Buss: She is all about the Lakers. She always has been.“The love of my life is the Los Angeles Lakers,” she wrote on Twitter. “I love Phil & will always. It’s not fair to him or Lakers to not have my undivided attention.”Two weeks earlier, when the eyes of the world weren’t as fixed on her, Buss shared something similar in an interview with the Southern California News Group.“This is my life,” she said. “The Lakers are my life.”It’s her job to turn the Lakers around, and at some point, the focus is going to shift onto her. Thus far, she has been largely immune from criticism as the proud organization suffered the three worst seasons in franchise history. But that might change. What happens with the front office next summer is as critical a moment as the Lakers have faced since Jackson stopped delivering championships. And it’s Jeanie’s call.Buss will decide whether to make changes in the front office. Effectively, considering the question of whether she will fire her brother. It’s not just a matter of if Jim Buss and General Manager Mitch Kupchak have shown enough incremental progress to hang on to their jobs for another season, but whether Jeanie, occupying Jerry Buss’ old office, believes they are the basketball minds she wants guiding the team’s direction for the long haul.Jim Buss told SCNG last week that it would be a “big mistake” to make changes in the front office unless the Lakers are once again among the league’s worst teams.If the Lakers “aren’t moving forward … then you know what, I have to take a look in the mirror for sure,” Jim Buss said.Given the Lakers’ signs of life with a young core – despite losing 13 of their last 15 games, including Tuesday’s 102-100 loss to Utah – Jim is unlikely to leave voluntarily.If Jeanie decides a change is necessary, which is her prerogative, it’s now a lot more difficult to predict her next move.To assume that she simply would have hired Jackson does not give enough credit to the savvy executive she is widely perceived to be in business circles. However, as long as Jackson remained in the picture for her personally, he would remain, in the eyes of many, a candidate to rejoin the Lakers in some capacity.Eliminating that shadow, while perhaps a positive for the Lakers’ ability to operate next summer, does not offer any solace for two people who spent nearly two decades together.A Jackson/Buss reunion with the Lakers might have been better suited for a Hollywood script than the pragmatic world in which Buss operates.Her fiancé was an easy choice, if not a safe one. Jackson’s run atop the Knicks has been far from smooth and he has fallen out of favor with many of the league’s top players because of controversial statements. He was unimpeachable as a coach. Less so as an executive.The question for Jeanie Buss, however …If not Phil, who?The obvious choice is Jerry West, an overlord of the Golden State Warriors as an executive board member. Does he want to come back to the Lakers? You can assume the option is more appealing with Jackson out of the picture. The two alphas clashed throughout their brief but prosperous run together.There’s no question where Jeanie stands on West, whose son Ryan is the Lakers director of player personnel.• RELATED: Heisler – Now that Warriors are built, can Lakers have Jerry West back?“Jerry West was the single biggest influence on me, from when my dad bought the team,” Jeanie Buss said this month. “Always somebody who was at the office everyday, somebody that was easy to talk to, always accessible, knowledgeable, but a way of explaining it to whatever level he needed to. He’s a teacher and a mentor and somebody who is Laker standards.”But West will be 79 next spring, and even if he could be lured back to L.A., it’s unlikely he would want to take on the day-to-day responsibilities that previously took a severe toll on his health.The Lakers could also look away from the organization’s past, trying to steal away a top executive elsewhere or add to Luke Walton’s duties with personnel oversight to make him the face of the Lakers.This all assumes there even will be a change made. And that Buss and Jackson’s relationship had any chance of ever again being anything other than personal.It’s a sad day, because a relationship we all knew, believed in and had every reason to assume would persevere has ended.Walton was a believer. He did not hear of their split until after the Lakers lost to the Jazz.“Obviously I have no idea what the circumstances are, I’m very fond of both of them,” he said. “ And sad. … They were a good couple.”Break-ups stink, period.On the night it all ended, however, Jeanie Buss did not give herself enough credit. The Lakers have always had her undivided attention.And been the love of her life.center_img Newsroom GuidelinesNews TipsContact UsReport an Errorlast_img read more