2021 property and construction industry honours
2021 marked the beginning of Auckland’s “medium-density era”. During the year, New Zealand’s Chinese property and construction sector maintained strong momentum and recorded notable achievements.
Property · Building · Design
2021 marked the beginning of Auckland’s “medium-density era”. During the year, New Zealand’s Chinese property and construction sector maintained strong momentum and recorded notable achievements.
2021 was a challenging year for New Zealand’s property market, with rising house prices and differing regional lockdown levels and restrictions creating numerous difficulties for transactions.
Paul holds a Bachelor of Architecture from Harbin Institute of Technology and a Master of Architecture from the University of Auckland, and has nearly 20 years of design experience. He has worked on more than 500 commercial, residential and public-sector projects of varying scale and complexity, including luxury homes, boutique hotels, premium apartments, offices, well-known retirement villages and healthcare centres. His designs typically blend Eastern and Western cultures, with an emphasis on creativity and a strong sense of presence. He is one of New Zealand’s accomplished architectural designers.
The lasting impression of New Zealand immigration in 2021 can be summed up in one word: “amnesty”.
YIJU’s article of 2 February (click to read) reported that new listings on property website realestate.co.nz have continued to increase: in January, realestate.co.nz received 7912 new listings, just 136 fewer than the 8048 received in January 2021.
Just 4 kilometres from central Auckland and neighbouring the city’s largest shopping centre, Westfield Newmarket, this suburb has a rich history and cultural heritage while also attracting the newly affluent. It offers numerous beautiful parks, some of the best-known schools and leading medical facilities close at hand. Together, these amenities and community strengths offer residents an ideal lifestyle.
The latest New Zealand housing market data from property website realestate.co.nz shows that 19897 residential properties were for sale at the end of January this year, a striking 29% increase on the same time last year.
As another wave of widespread interest in property development gathers pace and the Medium Density Residential Standards become law, demand for loan finance among small and medium-sized developers continues to grow. Securing sufficient funding is one of the earliest and most difficult steps in the entire development and construction process, and one where experience matters most.
In previous years, first-home buyers have always faced too many buyers chasing too few homes. This year, that housing shortage could undergo a fundamental shift, with more homes to choose from and substantially lower prices. For first-home buyers, 2022 may be the year their dream of home ownership comes true.
Omicron has arrived at last. With community transmission in Auckland and Nelson and signs of a possible widespread outbreak, Prime Minister Jacinda Ardern announced yesterday that all of New Zealand would move to Red under the traffic light protection framework from the early hours of today.
Which part of New Zealand recorded the strongest house price growth in 2021? Auckland? Wellington? Tauranga? Queenstown?
The most significant economic effects of the global pandemic are the simultaneous blows to supply and demand, and uncertainty.