The government’s plans to boost the rate of housing development are commendable but the practicalities remain problematic, say Colliers International property experts 123rf The Labour-led coalition’s first formal Budget included an appropriation of $493 million towards the previously announced $2 billion KiwiBuild programme. Continue →
Tender documents for the KiwiBuild ‘Buying off the Plans’ initiative – whereby the government will underwrite or purchase new homes the private sector and others are developing – have been released The government has committed $2 billion for KiwiBuild, an ambitious programme that aims to deliver 100,000 affordable, quality homes for first home buyers over the next decade, 50,000 of which will be in Auckland. Continue →
The largest single housing development in New Zealand – Hobsonville Point – is emerging as a positive example of how living at density can enhance liveability Building Better Homes, Towns and Cities National Science Challenge research led by Professor Errol Haarhoff is looking at whether living at higher density can strengthen communities and enhance liveability in new neighbourhoods. Continue →
The growing trend towards electric and autonomous vehicles holds important lessons for Australasian developers, argues Australian expert Mosstyn Howell While other countries around the world look to reduce car ownership levels, Australia continues to see it increase, he notes. Continue →
In the financial year 2016, Chinese investment in Australian real estate was $32 billion, 400% more than the next country on the list, the US.
That same year, Chinese developers bought 38 per cent of the residential property development sites sold, spending $2.4 billion, according to a Knight Frank report. Continue →