According to Emerging Trends in Real Estate Asia Pacific 2008, just published by the Urban Land Institute (ULI) and PricewaterhouseCoopers LLP. The three cities also received high ratings for development potential, reaffirming their status as leading based in Washington, D.C., is a global education and research institute committed to responsible land use; Asia district council support the institute'sgrowing membership in countries throughout Asia.
The report, provides an overview of Asia Pacific real estate investment and development trends, real estate finance and capital markets, trends by property metropolitan area, and other real estate issues relevant to the countries in Asia.
Twenty markets are taken into account for the report. Emerging Trends is centered on the opinions of internationally renowned real estate professionals. Pacific version comprises interviews with and surveys of more than 190 professionals, including investors, developers, property lenders, brokers and
consultants.
One change amplified in Emerging Trends is the increasing number of individuals more than one Asia Pacific market, pointing at a progressing comfort level by the business community with functioning in several cities offering diverse conditions.
According to the report there is no doubt that the property market is still as diverse today as it was a year ago, considering opportunities, risks, capital markets, economics, demographics and business cycles. The fact that more businesses learn and recognize the diversity and variations another step toward market maturity.
It is anticipated that even greater amounts of capital will be Pacific real estate markets in 2008. The real barrier for investors to overcome will lie in assets against the backdrop of yield compression and scrutiny by regional governments and tax authorities. Sentiment survey participants to either buy or hold all types of properties in Shanghai, Singapore and Tokyo, rather than sell properties, demonstrating the cities strong acceptance with the investment community.