Property news, market analysis and investment intelligence across Asia-Pacific.
The real estate market in Phuket, Southeast Asia’s top resort destination, is seeing drastic changes due to urban flight and a steady influx of new lifestyle inhabitants. The rising demand for detached houses and more enormous condos has become the island real estate mantra. Since 2019, when o
In most areas, property rentals increased by double digits over the last year, as shown by the September rental report from PropTrack. The proportion of rental properties advertised on realestate.com.au for less than $400 decreased from 41.8 percent at the outbreak’s onset to 19.3 percent in S
The ANZ bank has raised its previous prediction of a 15% drop in home values from their late 2021 high to a current estimate of a 20% drop. Although housing market predictions are laden with ambiguity, ANZ analysts said in their monthly magazine Property Focus that it is “abundantly evident
According to Shayne Elliott, chief executive officer of ANZ, a large Australian bank, many Australian borrowers are ahead on their mortgage repayments, which should protect them from a rough landing when interest rates climb. This year, the Reserve Bank of Australia has raised the official cash rate
Despite recent declines, a global investment survey by global bank UBS determined that Sydney’s real estate prices remain “very expensive.” The current annual UBS Global Real Estate Bubble Index did not classify the port city’s real estate market as a bubble. Still, it was ne
More contracts were signed throughout the first nine months of 2022 than in any year from 2015 to 2020. According to a survey released by Savills on Tuesday, London’s luxury real estate market has had its most significant year on record due to the city’s appeal to wealthy homebuyers. The
Already one of the least affordable rental markets in the world has seen rent increases, eight interest rate rises, rising expenses of living, and natural calamities compound the problem. Belinda has been turned down for rentals more than a hundred times in the last year. A temporary shelter in Camp