http://www.news.com.au/finance/real...y/news-story/1c1ccd51cf863393eb24fe45542ed269
The Chinese prefer US, Canada and OZ and know value when they see it, cementing my decision to buy in Melbourne, most livable place to live 5 years in a row.
Now, although this is getting ever more tangentially (at best) related to the Economic News of living in Johor, I find the topic very interesting and will contribute to the derailment a little.
If we're talking about real International-with-a-capital-I grade residential buys, I would probably pick Manhattan (the borough, not the poster) over Melbourne.
By way of comparison, here's a 2br near Fitzroy:
http://www.realestate.com.au/property-apartment-vic-melbourne-121087270
1.626M AUD is ~ 1.7 M SinkieD according to xe.com
Here's a 2BR in the MPD:
http://streeteasy.com/building/345meatpacking-condominium#tab_building_detail=2
The 2/2's sold out at launch for ~ $2M = 2.69 Sinkie$ and some moved last year for three. Understandable, given that it's probably our modern Babylon, and also comes with objectively better public transport, local amenities, as well as a relatively better view than the AU option.
Over and above both of those, if I had serious money I'd be getting something in London, though. That city is going to be too expensive for single-digit millionaires soon.
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