TOP 8 ASIAN CITIES TO WATCH IN 2019

This list (ranked in no particular order) is compiled by Asian Property Review based on various sources in particular the real estate forecast jointly published by the Urban Land Institute (ULI) and PwC.

SINGAPORE

Singapore is ranked as the second top real estate investment market in Asia Pacific as the city-state continues to rebound from cyclical lows since the last few years. Office rents have been rising strongly due to a lack of supply and a revival in tenant demand. Co-working and other flexible office space operators have become amongst the biggest lessors of office space, while tech firms have also been active in the market.

Singapore will continue to favour landlords in 2019 before new supply in 2020 rebalances the scales, opines Knight Frank.

The residential market in Singapore continues to be resilient, despite cooling measures in place for several years.

Meanwhile, solid economic growth and high visitor numbers have supported rents and yields for prime retail space in 2018, following years of poor performance as Singapore landlords struggle to adapt to new models of retailing.

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