A few days ago, intermediate quantity couplet is in all right its are newest release " summary of Asia-Pacific area property " middle finger goes out, so far, the whole world second the effect that borrows the implicative effect of the crisis to answer market of Asia-Pacific area estate is endless and same. Tenement demand still keeps driving, but capital market and investment get the influence of older rate.
The market that rent lasts driving
Office building market is to suffer second borrow the crisis to affect the biggest market jointly. At present till, each office building markets reflect Asia-Pacific region differ.
Amplitude of hire of Tokyo office building puts delay quickly, of Singapore hire hire level to begin to drop beforehand, finance serves course of study to serve as the important tenement of Pudong, the slow down to office building demand also certainly will affects Shanghai. On the other hand, transnational corporation of benefit from benefit from is wrapped outside to reduce operation cost business, growth of market of Manila office building is driving. With likeness of this one trend, the important estate that goes office place the circumjacent area with relatively cheap price to already became a lot of companies from move of costly area of the business affairs central is politic. Be in for instance Singapore, a large number of enterprises hope to search custom-built office location in area of business affairs garden, drive the raise on garden area hire.
The service market that depends on major market is active and this locality consumption level is driving, retail trade of whole Asia-Pacific area develops continuously. Same, of high-grade house market rent and the sale also continues to maintain driving development momentum.
Investment activity puts delay somewhat
2007, direct investment ever achieved the commercial estate of Asia-Pacific area the history that gives 121 billion dollar is new tall, relatively rose 2006 27 ％ . Nevertheless, at the beginning of 2008, the capital market of Asia-Pacific area feels the effect that borrows the crisis a few times.
Second borrow the crisis to be mixed to property price trade the influence of the quantity, in Asia-Pacific area the expression in relatively mature market is gotten most apparent. Data shows the office building capital cost of Tokyo, Singapore, Sydney and Melbourne appears to had reached culmination, the growth of capital cost of Hong Kong office building puts delay possibly. Because these mature markets are in,whole Asia-Pacific area holds majority share in investment market, we predict to be in record-breaking 2007 hind, the whole of Asia-Pacific area trades this year the volume will drop somewhat. Nevertheless, those rely on the investor with debt small financing lesser to still many capital is cast to estate, hopeful of integral investment market is in pick up somewhat before the end of the year this year. The development trend that another is worth to pay close attention to is Japanese investor reemerges overseas estate market, favor especially the market in a few development, wait like China, India and Vietnam.
Previous12 Next