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Gold Coast: Indian millionaires and cashed-up expats are Jewel developer’s latest focus

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first_imgLucas 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.last_img read more

Son uncovers child porn on dad’s tablet, leading to 10 sexual assault charges

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first_imgAn Oakland County man has been charged with multiple sexual assault crimes after police say his son found child porn on his tablet.Michigan State Police troopers responded to a home in Oakland County, Michigan for a report of a runaway.Police say when they got in contact with the boy, he informed them about the child porn on his father’s tabelet.Officials arrested 43-year-old Jeremy David McCallum, after searching the home and finding “large amounts of evidence” of child porn.McCallum was arraigned in Genesee County on 10 counts of first-degree criminal sexual conduct, two counts of felony firearm, one count of child sexual abuse, one count of extortion and one count assault with a dangerous weapon.Police contacted child protective services and the boy was put in the care of other family members.last_img read more

ICC World Cup Kuldeep Yadav coming back to form immensely relieving: Yuzvendra Chahal

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first_imgKuldeep Yadav struggled for Kolkata Knight Riders in IPL 2019.Yuzvendra Chahal and Kuldeep both took six wickets against Bangladesh.India will take on South Africa in their opening game on June 5. New Delhi: Kuldeep Yadav was not in great form heading into the ICC Cricket World Cup 2019. In nine games for Kolkata Knight Riders in the 2019 Indian Premier League, he took just four wickets at an economy rate of 8.68. In most of the games, he struggled for penetration and could not control the flow of runs. In the first warm-up game against New Zealand, Kuldeep struggled but in the game against Bangladesh, the chinaman picked up 3/47 as India won by 95 runs to build momentum ahead of the ICC Cricket World Cup 2019. Yuzvendra Chahal, his wrist-spinning partner, said it was a big relief that Kuldeep was taking wickets.“I am so happy the way Kuldeep made a comeback and showed the confidence and it is good for the team ahead of the World Cup. We trust each other. We know each other for the last 7-8 years and we have a good bonding on and off the field. If I bowl first then I talk to him about how the wicket is behaving and he talks to me if he is bowling first. Before a match we always plan, like if can bowl more googlies or sliders to particular batsmen,” Chahal said after he picked up 3/55 against Bangladesh. Chahal was happy with his performance and said with the Indian cricket team posting a big total thanks to centuries from KL Rahul and MS Dhoni, the spinners got far more confidence. “I got to bowl 10 overs. The wicket was not easy for the bowlers and batsmen were attacking. So I, Kuldeep (Yadav) and Jaddu pa (Ravindra Jadeja) tried to vary the pace. Before the World Cup starts if the batsmen give you a big total, obviously, it is a good chance for the bowlers. 350 is very difficult to chase, so you can flight the ball. When you are defending such a total, there is no pressure on the bowlers to start with. There is more pressure on the batsmen because they have to chase 360-370 and they have to hit almost every ball,” Chahal said.India will open their World Cup campaign against South Africa in Southampton on June 5 as Kohli’s team will be bidding to win the trophy for the third time. For all the Latest Sports News News, ICC World Cup News, Download News Nation Android and iOS Mobile Apps. highlightslast_img read more