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.
Sri Lanka eyes a revival as the political transition and pandemic cripples the tourism industry
The island nation’s property sector is currently on the ropes as they emerge out of one trough and sink into another
Hong Kong’s commercial property market in turmoil
Corrosive street protests and the ongoing US-China trade market were damaging enough for Hong Kong’s commercial real estate industry. Then came COVID-19
Indonesia’s new regulations could make or break the property sector
Rolled out to slash Indonesia’s excessive red tape, the new set of laws could make or break a stasis in the property sector
The Philippines finds REIT timing for property investment
Contagion and natural calamity thwart the country’s thriving real estate industry, but a new form of investment is set to democratise the property market