New policies have been announced to help revive Mainland China’s property market
It began to cool in March with the recurrence of the COVID-19 outbreak, an expected fall in personal income, and stalled sales activities
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Property Report
India’s housing market attracts more HNIs, Mumbai market to set a new sales record
Top luxury micro-markets in the city include Andheri, Bandra, Lower Parel, Prabhadevi, Tardeo, and Worli
Vietnam’s industrial real estate attracts most foreign investment
Investors in improving the infrastructure connecting industrial parks have led to an increase in demand for rented spaces in industrial parks
Life sciences’ expansion to the Asia Pacific region presents significant real estate opportunities
Tenants are searching for longer leases and/or ownership agreements to ensure excellent, specialized space
The Philippines’ GDP for 2022 projected to reach 8%
The Philippine GDP went up to 8.3 percent in Q1 2022
Grade A office spaces in India pick up, growth expected to reach 75 million sq ft by 2025
The flexible space segment will play a critical role in supporting occupiers' growth objectives
The Asia Pacific region shows great enthusiasm for coworking spaces
Today, coworking office spaces have evolved into a lucrative real estate business and a critical factor in occupier strategy
Australia’s commercial property sector expected to flourish in 2022
Industrial and office rent collection improved steadily during 2021, peaking at 87 percent on many occasions
Thailand waits for its 1 millionth foreign visitor; pushes for 80 million domestic trips by end of H1
There had been an influx of tourists since Thailand scrapped the Test & Go programme and other entry requirements on 1 May
Australia’s office market showed strong growth rate in Q1 2022; Q2 to easily exceed 2021’s
The office sector remained the most popular in Asia Pacific in terms of overall volume
On the development of sustainable data centres in Singapore
Singapore, due to a severe lack of space and green energy, the government put a freeze on new projects in 2019
Hotel investments in Malaysia slated to rise in 2022
The MAH predicted that hotel occupancy will exceed 60 percent in Q3 2022
Cambodia’s exports to RCEP members reach ~USD2 billion in Q1 2022
During this time, Cambodia’s top four export destinations were Vietnam, China, Thailand, and Japan
Malaysia’s terms of trade grows 2.3%
The increase in exports can be attributed to increased exports to China, the European Union, Japan, Thailand, and the United States
Thailand’s food, gems and jewellery exports drive Q1 2022’s economic growth
After its robust growth of 26 percent in Q1 2022, food exports in Thailand are projected to increase by five percent
Digital transformation is at the forefront of Mainland China’s economic growth
China's digital economy maintained its growth rate at 9.7 percent to USD6.16 trillion in 2020
The Philippines’ GDP for Q1 2022 reaches 8.3%
This is a huge improvement from the revised -3.9 percent reported for Q1 2021 and 7.8 percent growth in Q4 2021
Vietnam’s e-commerce industry continues to grow at breakneck speed
Vietnam has overtaken Indonesia as Southeast Asia's second-largest e-commerce market
Green talents wanted: Australia’s various sectors adopt green work experiences
Australia has 1.2 percent more green job opportunities compared to other countries in the Asia Pacific, which only account for 0.36 percent
Sri Lanka’s tourism sector shows signs of recovery after two years
This includes the announcement of the "Golden Paradise Visa Program"
Japan slated to reopen its borders to international visitors in June
Group tours are up for consideration for foreign tourism since these are easier for travel agencies to manage
Hong Kong reopens beaches, and pools while Mainland China continues zero-COVID policy
Hong Kong Chief Executive Carrie Lam announced the reopening of beaches and pools in the city
Kerala welcomes tourists back, slated to become India’s experiential tourism hub
Foreign travel agents during KTM said that Kerala has emerged as the top choice for foreign tourists visiting India
Visayas & Mindanao experience steady economic growth, real estate sector is optimistic
The high-density urbanisation of Metro Manila is spreading to VisMin's growing cities