The Property Academy Podcast

What Chinese and Korean buyers look for in property ⎥ Ep. 1948

5 snips
Jan 10, 2025
Doris Tang, a real estate salesperson at Barfoot & Thompson, brings her expertise on the preferences of Chinese and Korean property buyers in New Zealand. She highlights key priorities like north-facing sunlight, access to good schools, and family-friendly amenities. Doris also dives into feng shui, explaining how elements such as street orientation and house shapes impact buyers' choices. Additionally, she discusses the trend of multi-generational living, recommending homes with multiple master bedrooms, and outlines practical insights for property investors.
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INSIGHT

Orientation, Schools And Community Matter

  • Chinese and Korean buyers prioritize orientation, sunlight, school zones, community amenities and proximity to Asian shops and restaurants.
  • These preferences mirror general buyer priorities but with stronger emphasis on north-facing homes and education access.
INSIGHT

Feng Shui Shapes Property Preference

  • Feng shui strongly influences many Asian buyers, especially middle-aged and older generations, affecting site, view and balance around the house.
  • Preferred features include homes seated above street level, facing water, a solid backdrop and a balanced, flat section.
ADVICE

Avoid Feng Shui Red Flags

  • Avoid buying properties on low ground, at T-intersections or with odd shapes if you want to appeal to many Chinese/Korean buyers.
  • Aim for rectangular layouts, open bright living rooms and street-level or elevated siting to improve buyer appeal.
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