Jakarta’s Apartment Sector remains weak but showing potential signs of recovery
According to Colliers Q3 2017 Jakarta Property Market Report, new construction has affected the occupancy rates and prices of apartments in Jakarta’s CBD.
Colliers International today releases its Hong Kong 2018 Market Outlook report. The report, which has been compiled by the research team at Colliers international, conducts a deep dive into the trends shaping the city’s property market, as well as the latest forecasts for 2018.
Affordability issues continue to persist in Yangon
A slight uptick in overall sales of condominiums in Yangon follows pricing promotions for many projects, but, Colliers sees the performance as temporary, and the strategy as financially unsustainable.
China, Singapore and Thailand based buyers are the largest cross-border hospitality investors
The total APAC hotel investment volume surged in Q3/2017 to US$4.77 billion, making this quarter the most active in 2017 so far according to Savills November 2017 Hotel Research.
Thu Thiem set to relieve Ho Chi Minh City’s infrastructural challenges
The undersupply of Grade A office stock in the CBD has pushed office rents to levels not seen since 2008, indicates data from real estate consultancy JLL.
Over half of the Top 20 City Destinations Ranking are in Asia
In a new report by Euromonitor International, Hong Kong, Bangkok, Singapore, Macau, Shenzhen, Kuala Lumpur, Phuket, Tokyo, Taipei, Seoul and Guangzhou rate in the top 20 for international arrivals, economic and tourism growth and innovation.
The global ‘proptech’ field is led by China and Hong Kong
JLL Greater China reports the Chinese mainland and Hong Kong account for US$3.03 billion, around 41 percent of funds raised globally for technology used in the real estate sector.