LPS Shanghai

This weekend, our Lyvin team attended the LPS International Property Exhibition in Shanghai, where we connected with local funds, agents, and investors. It was our first time participating in an event of this scale, and we were impressed by the turnout, which included numerous presenters and visitors. We were pleasantly surprised by representatives from developers in Dubai and Turkey who stopped by to greet us. They mentioned that they follow our channel, which is exciting as it shows our blog materials resonate beyond Bali and Indonesia. Here are a few key takeaways from the exhibition: 1️⃣ A Great Format for Initial Introductions Events like this provide a comprehensive overview of the prospects and nuances of working in specific real estate markets. This is especially valuable for beginner investors. 2️⃣ A Developer’s Playground These exhibitions are like Disneyland for developers, filled with inspiring people, ideas, and solutions. They also offer opportunities to meet niche experts. For example, we spoke with lawyers from Australia who explained how they assist clients in converting residential properties into commercial zones for apartment projects. They identified rapidly growing areas and shared insights on what is currently the most profitable. Their deep knowledge of Australia’s educational system for foreign families was particularly enlightening, detailing how schooling can facilitate legal residency and citizenship. 3️⃣ Scrutiny Required on Promised Returns Claims about profitability should always be verified. For instance, a French developer confidently stated a 5% rental yield on a €1.6 million, 37 m² apartment in Courchevel, while others made even bolder assertions. 4️⃣ China’s Growing Interest in New Markets Chinese investors are actively seeking reliable opportunities outside their home country. For them, Bali remains a relatively new destination. Their primary criteria include secure investments that can be passed down to their children and serve as alternative income sources. Fun fact: in Mandarin, Bali translates to Paris (巴厘, Bā lí), while the island of Bali is called Bali Dao (巴厘岛, Bā lí dǎo). Every day, you learn something new.