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.
Headwinds cause Yangon market to shift towards alternative strategies.
Karlo Pobre from Colliers believes that average daily hotel rates are expected to trend downwards. Upper-scale hotels therefore need alternative solutions to boost market share.
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.
Hong Kong, Thailand and Japan lead APAC hotel investment
Hotel investment deals are flowing into Hong Kong hotels with 11 deals worth nearly US$1.5 billion recorded this year to date says JLL Managing Director - Investment Sales, Asia Mike Batchelor.
Chinese demand for Australian real estate is declining
Government policies in both Australia and China are eroding Chinese buyer demand for local real estate, says Michael Pallier, managing director of Sydney Sotheby's International Realty.
