Global housing markets posted mixed signals during the full year ending Q3 2012 according to the latest survey of global house price trends by the Global Property Guide. The bad news is strongly concentrated in Europe as the scale of the European downturn, the sheer size of the downward pressure, continues to surprise. Seven of the 10 Asian housing markets included in the survey performed more poorly...
Asia Property Market
After experiencing strong growth since 2009, Asian property markets are now either flattening or declining, according to the Wall Street Journal. Reports from Hong Kong, Sydney, Singapore and Beijing reveal that property values have declined, while the Kuala Lumpur and Bangkok markets remain unchanged. As witnessed in Singapore, the decline comes after the government implemented cooling measures to rein...
Recent reports have signalled that property prices across China and other parts of Asia are heading towards a correction. But regional developers and market observers say it is not all doom and gloom yet for the sector. The integrated resorts and international events like the F1 have brought the spotlight on Singapore. They have also piqued foreign investors' interest to invest in luxury properties, say...
From Mumbai to Melbourne, Asia’s property boom is stalling as the world’s highest interest rates and government efforts to curb prices take hold. In China’s biggest cities, growth slowed in April after the government stepped up property measures. In India and Australia, prices are falling after the steepest interest rate increases among major economies. In the financial hubs of Hong Kong and...
Runaway private housing prices compelled governments to impose cooling measures, with varying results Asia's residential property market stole much of the limelight this year as concerns of record property prices spurred government intervention in the form of repeated cooling measures. Singapore, China and Hong Kong were among the jurisdictions that have introduced anti-speculative measures to cool down...
Recent measures to cool the property market in China, Hong Kong and Singapore are seen as the right moves to temper speculation and rapidly rising prices. Still, industry watchers said that prices will have room to move upwards over the next two years. This is because interest rates in Hong Kong continue to be low, and high-end property prices in Singapore are still below their peak. Private home prices...
Investors are optimistic that the Asian real estate market will bounce back soon after being battered by the global financial crisis. A survey by the Asian Real Estate Association (AREA) showed that more than half of the investors polled expect signs of improvements in the market by 2010. This optimism has prompted investors to allocate more funds into all real estate investment categories in the next...
The global real estate capital market grew last year to hit US$12 trillion, but the subprime crisis has thrown a spanner in the works. Investors are finding it tough, with liquidity drying up, yields compressing, and valuations in the US and UK dipping. However, some analysts said that opportunities do remain and may even grow, as markets approach fair value. They noted that demographics in emerging...