Co-Founder/ Managing Partner
Ms. Liu is the co-founder of New Frontiers and leading the US team. Ms. Liu started her career as a second generation broker at RE/MAX. When she was there, Ms. Liu had participated in over 1,125 commercial and residential real estate sales transactions. She also assisted U.S. and Canadian investors in purchasing commercial and residential properties in China including Shanghai, Beijing, Nanjing, Kunshan, and Harbin. Ms. Liu has worked with domestic and international developers of all sizes including Trump International, MGM and ShiMao Group, the largest publicly traded real estate developer in China. In the past 5 years, Ms. Liu sold over 3 million square feet of properties, amounting to $1 billion in value. To enhance the service to her international investors, in 2006 Ms. Liu co-founded a property management company in Shanghai that specializes in servicing foreign investors. That same year, her achievement in the real estate industry led her to be honored as one of the “Top 30 Realtors under 30 Years Old” by the National Association of Realtors and her career has also been featured on Forbes. Ms. Liu holds a Master of Professional Studies in Real Estate from Cornell and a B.A. in Business Economics and a minor in Accounting from UCLA.
Penny Liu’s Key Project Portfolio
Developer 1: ShiMao Group
ShiMao Group is the largest publicly traded real estate developer in China, who currently has 35 residential and commercial projects throughout China. ShiMao actively sells their properties worldwide with annual sales conventions. Ms. Liu was one of the original three North American sales representatives and has helped grown the team to over 35 representatives. Together the team has assisted over 2,200 investors in $2 billion worth of sales volume.
Location: Pudong, Shanghai
Product Type: Luxury high rise apartment
Responsibility: Canadian and US sales representative
Sales Year: 2002-2006 Phase 2-6
Total Sales: US $30 million
Location: Nanjing
Product Type: High rise apartment housing
Responsibility: Los Angeles sales manager
Sales Year: 2003 Phase 1
Total Sales: US $1.5 million
Location: Border of Russia and China in Harbin Province
Product Type: Retail shopping center and casinos
Responsibility: Los Angeles sales manager
Sales Year: 2005 Phase 1
Total Sales Volume: US $1.5 million
Location: Kunshan in Jiangsu Province
Product Type: Suburban apartment housing
Responsibility: Los Angeles sales manager
Sales Year: 2005 Phase 1 & 2
Total Sales Volume: US $4 million
Location: Beijing, directly across from the 2008 Olympic arena
Product Type: Mid-rise apartment
Responsibility: Los Angeles sales manager
Sales Year: 2005 Phase 1
Total Sales Volume: US $2.5 million
Developer 2: MGM Grand
Location: Las Vegas, Nevada
Product Type: Condotel
Responsibility: California sales representative
Sales Year: 2005 Phase 2
Total Sales Volume: US $3 million
Developer 3: Golden Taurus
Location: Diamond Bar in Los Angeles County, California
Product Type: Custom mansion
Achievement: Houses were sold 400% higher than comparable
houses in neighborhood.
Sales Year: 2002 - 2006 Phase 2-5
Total Sales Volume: US $11 million
Location: Alhambra, in Los Angeles County, California
Product Type: PUD in gated community
Responsibility: Exclusive sales broker
Sales Year: 2003 - 2004
Total Sales Volume: US $2 million
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