Transaction volumes across most of the region fell steadily during the year, with prices beginning to fall in some markets. This happened despite the fact that economies across most of Asia have been buoyant, if not overheated. So where are the best bets for development and investment in 2012? This forecast will give you the heads-up on where to invest, what to develop, which markets are hot, and how the economy, and trends in capital flows will affect real estate. It tells you what to expect and where the best opportunities are in 2012.
Asia in the ‘Twilight Zone’ As Financial Woes of U.S. and Europe Weigh Upon Asia Pacific Real Estate Markets
Economic troubles in the United States and Europe are weighing upon local economies across the Asia Pacific region as well as investor sentiment in Asia and Australian real estate markets, according to Emerging Trends in Real Estate® Asia Pacific 2012, a real estate forecast jointly published by the Urban Land Institute (ULI) and PricewaterhouseCoopers (PwC).
Top Investment Markets for 2012
Overall, respondents were slightly less positive about the outlook for Asia Pacific countries than a year ago. The report identifies the top five investment markets for 2012: