Lucas Wilson (R) Jewel Sales and Marketing Director and Patrick Pancur Managing Director, Projects & Development of Sotheby’s International Realty pictured at the Jewel site. Photo: Steve HollandINDIAN millionaires are the latest target in an international sales push by the developers of the $1 billion dollar Jewel project in Surfers Paradise.China’s Dalian Wanda group, which is developing the Surfers Paradise project in a joint venture with Ridong Group, has moved its attention offshore in a bid to secure wealthy expat buyers.The developers engaged Sotheby’s International Realty to market the apartments overseas.Jewel sales and marketing director Lucas Wilson said Indian buyers were in their sights.Video Player is loading.Play VideoPlayNext playlist itemMuteCurrent Time 0:00/Duration 0:41Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:41 Playback Rate1xChaptersChaptersDescriptionsdescriptions off, selectedCaptionscaptions settings, opens captions settings dialogcaptions off, selectedQuality Levels720p720pHD540p540p360p360p270p270pAutoA, selectedAudio Trackdefault, selectedFullscreenThis is a modal window.Beginning of dialog window. Escape will cancel and close the window.TextColorWhiteBlackRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentBackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentTransparentWindowColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyTransparentSemi-TransparentOpaqueFont Size50%75%100%125%150%175%200%300%400%Text Edge StyleNoneRaisedDepressedUniformDropshadowFont FamilyProportional Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall CapsReset restore all settings to the default valuesDoneClose Modal DialogEnd of dialog window.This is a modal window. This modal can be closed by pressing the Escape key or activating the close button.PlayMuteCurrent Time 0:00/Duration 0:00Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:00 Playback Rate1xFullscreenClose Modal DialogThis is a modal window. This modal can be closed by pressing the Escape key or activating the close button.check out developments virtually!00:41 Related videos 00:41check out developments virtually!01:60Sneak peak inside Hawksburn Place Residences02:02Sneak peak: FV building03:05The Converted: Boot Factory01:30Dream Home: North Sydney00:45Dream Architecture: Mandalay House“We found that there are more millionaires in India per capita than anywhere else in the world,” he said.“What is really interesting is the buyers we have had are from Spain, France and Saudi Arabia but the forecasted interest is from India.”“China was touted as a heavy buyer market but we have only seen them snap up the more affordable units in tower one, and they have only had an 8 per cent buying impact. It is quite obvious they will use those apartments as investments.He said despite the overwhelming attention from overseas buyers it would be mostly Australians looking for a slice of paradise.“Out of the 511 units I would be very surprised if 65 per cent didn’t sell to the domestic Australian market,” Mr Wilson said.More from news02:37Purchasers snap up every residence in the $40 million Siarn Palm Beach North9 hours ago02:37International architect Desmond Brooks selling luxury beach villa1 day agoLucas Wilson (R) Jewel Sales and Marketing Director pictured at the Jewel site. Photo: Steve HollandSotheby’s Managing Director Patrick Pancur said the international sales pitch to sell the Jewel project into markets including New Zealand, India, Japan, Taiwan and the Middle East, came off the back of data-based research.“New Zealand is the first stop because of its neighbouring location and we have received a very high amount of interest from New Zealand owner occupiers,” he said.“The New Zealand economy is also doing well and these buyers won’t need FIRB approval, which adds to the interest we are getting from them.“There is such a huge shift in the market from downsizes and investors to owner occupiers and people who want to buy a luxury property to keep.The development is well into construction ahead of its expected completion in 2019.At the Corner Wharf St, and Old Burleigh Rd, Jewel’s three-tower project is slowly emerging from the sand with five cranes working on the site.Buyers will fork out $675,000 for one bedroom apartments and prices for two-bedroom apartments start from $1.434 million.
Share Sharing is caring! 6 Views no discussions Tweet In photo: Honourable Matthew Walter addressing the graduates this afternoon.Honourable Matthew Walter, Minister responsible for Agriculture and Forestry has expressed concerned about reports of the vandalism of amenities on the Waitukubuli National Trail.Mr. Walter who was at the time addressing the graduation ceremony of forty-five tour/trail guides at the Public Service Union this afternoon.“I am a bit disturbed when the Project Manager Mr. Henry disclosed that there are persons who are walking the trail, are engaged in vandalizing the amenities as well as the indiscriminate littering the trail path, it’s very unfortunate,” he said.The Honourable Minister noted that a massive education drive might be necessary to remove this negative mindset of passive and bad citizens.“If this is the case, and if this is reality, it seems as if that at the inception of the use of the trail we are experiencing those problems, we are going to have a lot of work to do. Therefore, we have to be proactive and every one of us must go on a massive education programme to ensure that we change the mindset of those persons who are passive and bad and they are contributing in a negative way to the sustainability of the Waitukubuli National Trail.”Meantime Project Manager of the Waitukubuli National Trail Project, Mr. Eddison Henry who made the disclosure of the vandalizing of amenities and littering of the trail, has charged the graduates with the responsibility of ensuring that this situation does not escalate.Dominica Vibes News Share Share LocalNews Agriculture Minister disturbed by the vandalism of amenities on Waitukubuli National trail. by: – July 27, 2011