Property investment in Asia has witnessed significant growth recently and industry experts expect the increase to continue.
In the Asia Pacific region, the largest markets are in Australia and China, while Japan is making a dramatic comeback after the disasters in March.
Megan Walters, Head of Research for Capital Markets at Jones Lang LaSalle (JLL), said the real estate market in the region is expected to achieve up to US$100 billion in sales this year alone.
She claimed that the heavy investment is supported by good economic sense, with prime office stock in cities, including Sydney or Shanghai, providing yields of more than six percent.
In China, around US$5 billion worth of commercial sales were achieved in the first quarter of this year, including the acquisition of an office building for US$94 million in Pudong, Shanghai.
While China expands, Australia remains the most attractive option for global investors. With an S&P AAA credit score, Australia gained slightly below US$4 billion in direct investment, almost half of which was generated from overseas.
With the general economic climate unlikely to improve in the near future, property will continue to be a profitable and safe investment. China and the rest of the Asia Pacific region in particular are expected to capitalise and rally the market to grow further.
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