Affordable housing gains traction due to high price of conventional residential properties and government initiatives to open up the market for large-scale construction.
Ho Chi Minh City ranked highest in terms of rental and capital value growth, although size of opportunity tend to be relatively small.
Currently, Japan is a sought-after destination for yield investors due to the healthy spread between current cap rates and the country’s super-low sovereign bond prices.
Emerging Trends in Real Estate® Asia Pacific is a trends and forecast publication now in its 12th edition, and is one of the most highly regarded and widely read forecast reports in the real estate industry. Emerging Trends in Real Estate® Asia Pacific 2018, undertaken jointly by PwC and the Urban Land Institute, provides an outlook on real estate investment and development trends, real estate finance and capital markets, property sectors, metropolitan areas, and other real estate issues throughout the Asia Pacific region.
The interviewees and survey participants represent a wide range of industry experts, including investors, fund managers, developers, property companies, lenders, brokers, advisers, and consultants. ULI and PwC researchers personally interviewed more than 110 individuals and survey responses were received from almost 600 individuals.
Action | Office | Residential | Retail | Industrial/Distribution |
---|---|---|---|---|
Buy | Ho Chi Minh City | Ho Chi Minh City |
Ho Chi Minh City |
Ho Chi Minh City |
Sell | Taipei | Seoul | Taipei |
Taipei |
Another byproduct of today’s low-interest-rate, high-liquidity markets is that—paradoxically—they create less incentive for property owners to sell, especially when the asset is a core holding in a major market.
Edward Clayton
Partner, Real Estate / Capital Projects and Infrastructure (CP&I) Leader, PwC Vietnam
Tel: +60 1 6672 3420