During January-September the volume of investments in real estate in the region totaled $ 46 billion, a 102% increase over the same period last year.
From II to III quarter of this index increased by 53%. The volume of cross-border investment increased by 80%, according to Asia Propert Report, referring to the company CB Richard Ellis.
The most active markets include Hong Kong, Singapore and Japan, which accounted for respectively 29%, 22% and 20% of the total investments in real estate in the region. Moreover, in Singapore, as well as China and South Korea, the investment increase was 150-200%.
According to executive director of the research department of CB Richard Ellis in Asia Andrew Ness, the prognosis for future investment in the region are extremely favorable. However, there are and the risks associated with fluctuations in foreign exchange rates and monetary policies of individual states.
Recall that Asia, namely, its south-eastern part, was by mid-year global leader in terms of growth in housing prices. The top five rankings, compiled by Knight Frank, included Singapore, Beijing, Shanghai and Hong Kong. Steadily rising in price real estate attracts investors, and investment demand, in turn, causes a new round of price increases.