To minimize the impact of the new vacancy tax, developers are likely to switch more unsold luxury flats from the sales to leasing market.
JLL is reporting this week that Asia Pacific's mature economies such as Singapore, Hong Kong and Japan have a significant opportunity to advance real estate transparency through proptech adoption.
The rise of e-commerce is expected to post significant growth and disrupt the local retail market in next few years.
Increased interest in self-storage facilities, data centers, student accommodation, education and aged care as investors chase yield
China has reclaimed top spot for the most attractive market for manufacturing, confirming its status as the sector's powerhouse.
According to a new report by JLL titled "Bridging the Housing Gap", millennials in Asia are now sharing more than work spaces and transport. They have turned to living together in a new form of shared housing where residents have common interests and lifestyles.
Hong Kong's housing market continued to reach new heights in December, capping off a year that saw capital values advance at their fastest pace in five years. Capital values of mass residential properties increased by 1.3% m-o-m in December to lift full-year growth to 15.8 percent.
According to JLL's latest Property Market Monitor released this week, net take-up in Hong Kong's overall office market amounted to 155,600 sq. ft. in October 2017, helping edge rents 0.3%.
According to a report by real estate consultant JLL and The Business of Cities, London, New York, Paris, Singapore, Tokyo, Hong Kong and Seoul are among the seven most competitive cities in the world.
According to CBRE, Australia's commercial real estate remains an attractive asset class for offshore capital, with foreign investors accounting for 33% of all transaction activity in the first half of 2017.
Commercial property investors are allocating more capital to real estate worldwide, with Asian investors now accounting for five of the 10 biggest cross-border spenders.
According to JLL's latest Hong Kong Monthly Market Monitor report, returning office stock arising from expiring leases led to a net withdrawal of 16,000 sq. ft in the Grade A office market in June 2017.
Substantial increase in sales dollar volume from Canadian buyers, foreign investment in U.S. residential real estate skyrocketed to a new record-high
According to global real estate advisor Knight Frank, office skyscrapers in Hong Kong are the most expensive commercial real estate assets in the world in 2017.
A recent survey global real estate consultant JLL found that 62% of international and local retailers have plans to open new stores in Hong Kong in 2018. It shows retailers are calling the bottom of the retail market and predicting an improvement .
CBRE is reporting that investors in Asia Pacific real estate in 2017 remain heavily focused on yield spreads when seeking assets as investment intentions, and are moving further away from capital appreciation strategies.
The recent Belt & Road (B&R) Forum for International Cooperation held in Beijing was attended by numerous international leaders and organizations and discussed topics including currency swaps, policy, infrastructure and trade.
Changing demographics brought forth by immigration and growing interest from foreigners are positioned to bolster home sales activity and prices.
