According to Savills' Asia Pacific Investment Quarterly Research, the region performed well in Q4 2017, WILLIAMS MEDIA reports on their latest research.
The Asia Pacific region has been under the spotlight by the major Real Estate firms with research being published across the board. Savills have now released their Asia Pacific Investment Quarterly Research for Q4 2017 which indicates 2017 ended strong.
Here are some highlights from the research:
Japan
Japan’s economic fundamentals are sound, and PM Abe’s political ground has been reaffirmed. Given the stable macro climate, Japan’s real estate market is likely to maintain its current favourable momentum.
China
Despite rising local financing costs the Chinese investment market has remained active. Investors are focused on secondary markets where lower per square metre valuations allow for further upside.
Hong Kong
Investment momentum in Hong Kong remained strong during the last quarter of 2017 with the industrial market proving particularly popular.
Singapore
Savills' the commercial front in Singapore, the lack of investible grade office stock in the CBD means that investment sales have been scarce, but are very fully priced when they do occur.
South Korea
Increased demand for headquarters from domestic corporations and increased prime asset availability helped 2017 set a new record for total office investment volumes in Korea.
Australia
In Australia, meanwhile, an upbeat economic performance helped drive confidence in the commercial property market with almost AU$30 billion of sales across the major asset classes recorded in 2017.
Click here to download the Asia Pacific Investment Quarterly Research
For more information about the report or to discuss the property market contact Simon Smith Savills Senior Director Asia Pacific via the contact details below.
Source: Savills
Similar to this:
Asia Pacific transaction volume surges to quarterly and yearly high for Q4 2017
Research shows Hong Kong's price rally continued in 2017
Record-breaking Asia Pacific Q4 '17 property investment sounds a positive note for 2018