Wei Min interviewed in “Global HomeBuying Spree as Local Markets Tighten.”

Posted by Wei Min Tan on October 30, 2017

Publication: Bloomberg

Summary: Wei Min Tan interviewed by Bloomberg about Chinese buying property in Manhattan. The China and Hong Kong markets have peaked, and Chinese buyers are venturing internationally to snap up properties.

Read Article on Bloomberg

Contact Weimin

+1.212.380.6134

tan@castle-avenue.com

641 Lexington Avenue,
22nd floor,
New York, NY 10022

+1.212.380.6134

tan@castle-avenue.com

641 Lexington Avenue,
22nd floor,
New York, NY 10022

About Wei Min

Focuses on investors of Manhattan condominiums, interviewed by CNBC, CNN, Wall Street Journal, New York Times
Ex-Citibanker, managed $500 million portfolio
MBA, University of Illinois at Urbana-Champaign
Manhattan resident since 1999. Currently lives in Tribeca with wife and 2 kids
352 burpees in 23 minutes, student of muay thai kickboxing

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Graph above shows the historical median price of a

Graph above shows the historical median price of a Manhattan residential condo increasing from $425,000 in 1999 to $1.7 million in 2017. During the downturn period of 2017-2019, median price declined to $1.588 million. Median price in 2022 was $1.746 million, a new record surpassing even the 2017 level. In Q1’2024, median price dropped to $1.632 million because of increased mortgage rates.

London calling, gotta go!

London calling, gotta go!

Market pulse shows that we are currently in a neut

Market pulse shows that we are currently in a neutral market.

Today’s 60-minute workout routine

Today’s 60-minute workout routine

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