• Contact Us
  • Events calendar
Entering Swellesley
Pinnacle, Wellesley

The Swellesley Report

More than you really want to know about Wellesley, Mass.

  • Advertise
  • Business index
  • Contribute
  • Wellesley Square
  • Private schools
  • Camp
  • Eat
  • Schools
  • Top 10 things to do
  • Embracing diversity
  • Kids
  • About us
  • Events
  • Natick Report
  • COVID-19
  • Seniors
  • Letters to the editor
  • Live government meetings
Needham Bank, Wellesley
Write Ahead, Wellesley

Wellesley entrepreneur helping Chinese scoop up Boston-area homes

June 30, 2013 by Bob Brown Leave a Comment

The Boston Globe reports Sunday on a trend of foreign investors snapping up Boston-area houses and condos, which while expensive, aren’t as pricy as those in cities like Beijing and offer the good schools and safe environment buyers are seeking.

Here’s your Wellesley angle:

Patty Chen, a Wellesley entrepreneur who runs a company to help Chinese investors find homes here, said she was involved in four deals during the spring that totaled more than $7 million. With real estate prices skyrocketing in many Chinese cities, homes in the Boston area are considered a bargain for those with money to spend, she said.

“They are very, very happy to buy houses here,’’ mostly for $1 million to $2 million, said Chen, who in 2007 launched her full-service company, America Asia Business Tour Group-Boston, which offers assistance with immigration visas and real estate transactions, as well as consultations on schools and neighborhoods.

“A house in Boston is cheaper than a house in Beijing,” Chen said. “Why (would) they stay there to compete with others?”

print

Share

Filed Under: Real estate

Leave a Reply Cancel reply

You have to agree to the comment policy.

Linden Square, Wellesley
Wellesley United Soccer
Wonderful Wellesley

Tip us off…

Please send tips, photos, ideas to theswellesleyreport@gmail.com

 

Advertisements

Wellesley Square
Wellesley, Jesamondo
Cheesy Street Grill
Sexton test prep
Feldman Law
Fay School, Southborough
Wellesley Theatre Project
Volvo
Admit Fit, Wellesley
  • Facebook
  • Instagram
  • Twitter
Never miss a post with our free daily Swellesley Report email
Name: 
Your email address:*
Please wait...
Please enter all required fields Click to hide
Correct invalid entries Click to hide

You can subscribe for free, though we appreciate any contribution that supports our independent journalism.

Click on Entering Natick sign to read our Natick Report

Entering Natick road sign

Most Read Posts

  • Wellesley is back to being a dry town
  • Restaurants in Wellesley, Mass.: more than 50 dining options
  • Wellesley High holds special August ceremony for grad injured in car crash
  • Wellesley Business Buzz: Black & Blue Steak and Crab restaurant seeks to fill CVS space; Clothing retailer Johnny Was moving in; What happened to the swings?
  • Wellesley water main breaks, floods road

Upcoming Events

Aug 17
10:00 am - 11:00 am

Tour at Boston Outdoor Preschool Network

Aug 17
5:00 pm - 7:00 pm

Al Fresco Dinner and Music on the COA Patio

Aug 20
11:00 am - 12:00 pm

Code Ninjas JR Workshops

Aug 24
10:00 am - 11:00 am

Tour at Boston Outdoor Preschool Network

Aug 26
1:00 pm - 2:00 pm

Bach to Rock, free instrument petting zoo

View Calendar

Popular pages

  • Wellesley’s 7 official scenic roads

Recent Comments

  • Donna on Geese stand their ground at Wellesley Square post office
  • Joe Blow on Wellesley is back to being a dry town
  • Allen Smith on Wellesley is back to being a dry town
  • Jonathan T. Mann on Touring Wellesley Square with Congressman Auchincloss
  • Mark Lavelle on Geese stand their ground at Wellesley Square post office

Links we like

  • Great Runs
  • Jack Sanford: Wellesley's Major League Baseball Star
  • Taquitos.net
  • Tech-Tamer
  • The Wellesley Wine Press
  • Universal Hub
  • Wellesley Sports Discussion Facebook Group

Categories

  • 2021 Town Election (24)
  • Animals (419)
  • Antiques (49)
  • Art (581)
  • Beyond Wellesley (49)
  • Books (368)
  • Business (1,516)
  • Camp (11)
  • Careers/jobs (49)
  • Churches (81)
  • Clubs (229)
  • Construction (296)
  • Dump (127)
  • Education (3,125)
    • Babson College (251)
    • Bates Elementary School (16)
    • Dana Hall School (34)
    • Fiske Elementary School (9)
    • Hardy Elementary School (44)
    • Hunnewell Elementary School (43)
    • MassBay (55)
    • Schofield Elementary School (24)
    • Sprague Elementary School (19)
    • St. John School (2)
    • Tenacre Country Day School (11)
    • Upham Elementary School (35)
    • Wellesley College (610)
    • Wellesley High School (970)
    • Wellesley Middle School (204)
  • Embracing diversity (70)
  • Entertainment (792)
  • Environment (755)
  • Fashion (141)
  • Finance (14)
  • Fire (164)
  • Food (347)
  • Fundraising (615)
  • Gardens (161)
  • Government (566)
    • 2020 Town Election (47)
    • 2022 Town Election (14)
  • Health (853)
    • COVID-19 (200)
  • Hikes (4)
  • History (389)
  • Holidays (406)
  • Houses (157)
  • Humor (47)
  • Kids (854)
  • Law (8)
  • Legal notices (6)
  • Letters to the Editor (63)
  • Media (70)
  • METCO (4)
  • Military (11)
  • Morses Pond (108)
  • Music (571)
  • Natick Report (30)
  • Neighbors (273)
  • Obituaries & remembrances (76)
  • Outdoors (643)
  • Parenting (63)
  • Police (758)
    • Crime (386)
  • Politics (552)
  • POPS Senior Profile (10)
  • RDF (6)
  • Real estate (334)
  • Religion (132)
  • Restaurants (335)
  • Safety (151)
  • Scouts (2)
  • Seniors (123)
  • Shopping (148)
  • Sponsored (6)
  • Sports (986)
    • Athlete of the Week (6)
  • STEM (107)
  • Technology (164)
  • Theatre (395)
  • Town Meeting (23)
  • Transportation (232)
  • Travel (17)
  • Uncategorized (1,231)
  • Volunteering (347)
  • Weather (178)
  • Wellesley Election 2019 (21)
  • Wellesley Free Library (277)
  • Wellesley's Wonderful Weekend (19)
Deland, Gibson Insurance, Wellesley

© 2022 The Swellesley Report
Site by Tech-Tamer · Login