JLL names Shanghai, Beijing, Guangzhou and Bangkok as Rising Giants of growth cities.
The international property group splits international cities into 5 categories to highlight their risks and opportunities for hotel investors and operators.
"Asia is likely to see more upmarket retirement villages as affluent Asian baby boomers plan for active ageing." Noeleen Goh, JLL director in Capital Markets, specializing in senior living.
Asia Pacific real estate investors looked to home markets in 2016
Asia Pacific real estate investors turned to their home markets in 2016 amid greater political and economic uncertainty, according to JLL's 'Real Estate Investment Flows: An Asia Pacific Perspective' report.
Chinese overseas real estate investment hit new record of US$33 billion in 2016
“We do believe that Chinese investors will continue to be major movers of capital into global real estate for many years to come,” David Green-Morgan, JLL
By Knight Frank's latest index, Hong Kong is the world's most expensive market, where US$1m buys just 20 sqm. The same budget will only get you 39 sqm in Singapore, 48 sqm in Shanghai and 86 sqm in Tokyo, as per the index.