Crown Group forecasts trends in residential development in 2020
Crown group chairman and group CEO Iwan Sunito shares his insights on residential development major trends this year that will shape the property market.
More and more people are embracing apartment life more than ever and developers are responding to this by designing homes tailored to emerging types of buyers. There is now around one occupied apartment for every five houses in Australia – compared with one for every seven in 1991. And it’s not just young professionals seeking out apartment life these days. According to the ABS, about one-third of all new homes approved for construction from 2014 to 2018 were apartments. So, demand is coming from all sectors.
Crown Group has been awarded more than 30 high-profile industry awards including the PropertyGuru Australia Property Awards 2018 Best Condo Development for Arc by Crown Group.
Continue reading at https://www.asiaone.com/business/crown-group-forecasts-trends-residential-development-2020
Recommended
Why everyone is moving to Selangor and Johor: Malaysia’s real estate comeback
Malaysia’s upturn in fortunes is especially prevalent in secondary destinations such as Selangor and Johor
Penang’s silicon boom: How the US-China tech war is supercharging local real estate
Penang’s booming semiconductor industry has created ripples within the local real estate sector
New leader, new opportunities: How Hun Manet is shaking up Cambodia’s real estate game
Hun Manet is overseeing decent economic growth and widening access to the country’s real estate market for foreigners
Singapore embraces inclusive housing reforms amid resilient demand
The Lion City’s regulatory strength continues to exert appeal for international investors