China hatches scheme to build 4 low-carbon mega data centre clusters
The chosen locations have direct access to energy and environmental benefits to create green architecture
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Property Report
International tourism in Sri Lanka recoups in 2022 albeit Omicron risk
Local tourism body expects to see one million tourists visiting the country this year
Positive sentiment in Asia Pacific drives property investment funds to expand its workforce
Front-office functions, portfolio management, accounting, and sustainability roles to be in demand
Asia Pacific niche real estate assets to keep an eye on in 2022
Pharma, biotech, e-commerce, retirement living, and more to yield more return on investment
Industrial and logistics investments across Asia Pacific to flourish in 2022
As investors pick up on the growing optimism in the region, analysts forecast strong demand in expanding their portfolios
Asia Pacific office market exhibits strength, demand to rise in 2022: Cushman & Wakefield
Flexible work arrangements to have “muted” impact on demand
71% of Thais show delay in their house purchases
Financial instability from COVID-19 is one challenge to investing in property, including political instability
Land makes up 25% of Vietnam’s total property search volume
The country’s property industry saw new price levels due to high interest but a decrease in total market supply
Asia Pacific’s commercial investment to increase 15% to $200B
A stronger office market, alternative sectors, and demand for modern logistics facilities will drive investment
Thailand’s hospitality sector expects to reach $357M in 2021
Buoyant hotel investment activity is driven by investment-grade assets and strong demand from investors
Malaysia’s industrial output increases by 5.5% in October
The industrial sector marks a healthy start to Q4 with a robust-build up and economic improvement
PropertyGuru Asia Real Estate Summit opens its 2021 virtual edition with calls to harness the power of data to revolutionise the sector
Data-driven insights underpin timely conversations on proptech, green building, urban resilience, smart cities, and sustainability
Taiwan promotes ESG and shares future plans for its industries
More medium and small businesses must take the steps to meet ESG standards
The Philippines’ hotel industry foresees strong recovery in 2022
Travel boom and high spending tendencies are positive signs for hospitality players
Office vacancies in Asia-Pacific expects to increase to 14-16%
Residential markets across the region also boom as fear of missing out drives prices up
Laos reopens tourism in 2022 to initial list of countries
The tourism and hospitality sectors are ensured with health and hygiene certification
Thailand’s tax rates to stay for another 2 years
The average tax rate for a single-family home in the United States is 1.1 percent
Hong Kong property investors rush in metaverse virtual land
Property tycoons and brokers get in on the action, particularly seeing the country’s scarcity of real estate
Singapore’s HDB resale flat prices rose 9.1% from Jan-Sep
November saw a total of 2,586 HDB resale flats change hands with the highest monthly growth
Australian house prices rose the fastest rate at 21.9% in 2021
More than 446,000 houses were sold this year, and over 144,000 units were sold
Residential project in Guangdong-Macau Zone to finish late 2023
The Macau New Neighbourhood project combines residence, education, health, and social services
Thailand’s ageing population holds potential for property sector
Developers are modifying unit spaces to suit the needs of the elderly such as handicap-style toilets
Developers from north to south of Thailand applauded at the 16th PropertyGuru Thailand Property Awards
The Kingdom’s most prestigious awards programme returns to give distinctions across 37 categories
Sales of new homes in China increases by 12% in November
Buyers’ confidence was boosted after lenders eased mortgage rules