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Mr Wong said because often sales would hinge on convincing the parents of his buyers they were making a good investment, it was easier to be prepared. Related: Foreign buyers dropping out of Aussie markets “The parents have to like it. If the parents don’t like it they won’t buy it,” he said. “Even though it’s under your name the parents have the say.” Place Sunnybank ‘s Owen Chen previously predicted Chinese interest would recede, but not disappear . His area of Sunnybank and its surrounding suburbs are considered extremely popular with east Asian communities. Using auction results as a yardstick, Mr Chen said it appeared sales had slowed but were still strong. “We just did our quarterly year-to-date auction review. We did 61 auctions. We had 13 sell before auction, 26 sold at auction and 20 sold after auction,” he said. “We only had two withdrawn. I would say the market we’re at is quite healthy. “Before it was a little bit crazy.
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