Overall outbound investment - including residential and commercial - grew 25 percent to $2.1 billion over this period.
Investment in residential projects was driven by developers looking to "counteract slower economic and price growth at home," said David Green-Morgan, global capital markets research director at real estate services firm JLL.
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Shanghai-based Greenland's investments in London, Los Angeles and Sydney, and Guangdong-based Country Garden's first foray in the Australian market earlier in the year, underscore growing interest in overseas residential properties.
China's once red-hot housing market has shown signs of a rapid cooling in the recent months.
According to a survey by China Real Estate Index System (CREIS), 45 of the 100 cities experienced month-on-month property price declines in April, up from 37 cities in March.
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Meanwhile, property investment in China has also lost steam as bank funding for developers tightens. Property investment accounted for about 12 percent of China's gross domestic product (GDP) in the first quarter, down from 15 percent in 2013, according to Reuters.