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Deep-diving into the performance of the Asia-Pacific residential markets, this report discusses the cross-border residential land acquisition activity in 24 cities across the Southeast Asia, Australasia, East Asia, and South Asia.

In the first half of the year, 20 out of 24 cities tracked in the region recorded a positive annual growth, with the year-on-year average price growth of 6.4%, the highest growth since Q3 2017 – something notable as gateway cities continue to perform well amid the global economic turmoil. The residential recovery trajectory continues to be underpinned by strong domestic demand, attractive interest rates, and flight-to-safe-haven assets. Home buyers taking a longer-term view on growth prospects of Asia are undeterred by the short-term volatility.

Read more here.

Knight Frank Asia-Pacific contact: Dylan Ong