Innovation and real estate, a harmony we’ve been missing
Experts in real estate gather to discuss how innovation can help the industry prepare for the post-pandemic world
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Contributing WriterHong Kong retail landlords saved after 10% decline in Q2 2021
Emerging concepts like art exhibitions and delivery-only kitchens are changing the city’s retail landscape
South Taiwan city to develop 8,800 social housing amid rising house prices
Rumours about a chip plant being invested in Kaohsiung city has driven up home prices in the area
Philippines commits to climate change with rise of its largest solar park
The growing demand for new solar power plants is leading to a scarcity of land
Singapore’s public housing prices hit record-high after growing 2.7% in Q3
Construction delays in Build-to-Order projects have driven homebuyers to the HDB resale market
New data reveals highs and lows in Japan’s land prices
The average price of land in Japan fell for the second consecutive year amid the prolonged pandemic
Indonesian Bank subsidises housing loans to make cheap homes accessible
Bank Rakyat Indonesia continues supporting the government so people can access comfortable home financing
Sydney delivers highest clearance rate on record of 85.3% in September
The expected border reopening at the end of the year will further drive demand and keep prices high
New residential supply in Thailand’s beach provinces totals $314 million
Hua Hin and Cha-am see a potential recovery next year after a slowdown since the arrival of the pandemic
Ho Chi Minh sees property prices rise by 9 percent amid rising COVID-19 cases
Sources attribute the rise to tight demand, but some are still optimistic that sales will increase
South Korea and Italy join hands in green energy and biotech
Joint projects will cover an array of sectors such as artificial intelligence and green mobility
Shenzhen second land sale raises $7 billion for government
The land sales show how resilient the city’s real estate market is compared to other major cities
Outer districts of Phnom Penh offer lowest median sale prices
Sen Sok, Por Sen Chey, and Meanchey remain a viable option for investors seeking properties in the capital city
Korea shares food security plan to support sustainable development goals
The ministry highlights the nation’s strategies to produce eco-friendly agricultural products and improve safe food
Malaysia homeownership slows down with $4.3 billion yet to be sold
Some factors for the stagnation include a mismatch in supply and demand and uncertainties from the pandemic
Hong Kong luxury rents expect to rise 5-10% by end of 2021
The segment slowed down due to travel restrictions and the decline in expat arrivals
Singapore’s urban farming sites to produce 680 tonnes of vegetables
The new sites are located at Jurong West, Bukit Panjang, Sembawang, and Woodlands
Hotels in the Philippines repurpose space and digitise for survival
Expected changes in travel behaviour include multigenerational travel and interest in sustainable tourism
Indian retrofitted office buildings have potential value of $1.28 billion
Once upgraded, the buildings will become more investible and adept to be bundled into a REIT
Macau tourism scheme draws in 28,000 visitor arrivals per day
Thousands of locals and visitors sign up for package trips, causing hotel occupancy to surpass 51 percent
Thai urban buyers seek Hua Hin for a healthier and more active lifestyle
Luxury residence transactions surge as strong domestic interest offset the decline in overseas buyers
Metro Manila grade A office vacancy rate nears 20 percent by next year
Landlords are forced to offer rental concessions to make tenants sign up for term renewals
Taiwan government hands out 1.2M travel vouchers to boost economy
Vouchers are worth USD36 each, eligible to pay for trips, stays at hotels, sight visits, and more
Preah Sihanouk real estate recovers as local transactions rise
Multiple factors have contributed to this improvement including an increase in tourists and COVID-19 prevention
