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| Asia, solid investor optimism in the housing market |
From
the Real Estate Market Survey of RICS Global Commercial fourth quarter
shows that the real estate market of northern Asia remains solid. In particular, China, Hong Kong and Japan have shown a sharp rise in sentiment in the rental market and investments. The
Survey indicates, however, a more negative trend for the Singapore
market, with some key indicators that showed further deterioration.
China
In China, demand for rentals has risen slightly after the slowdown in the third quarter, with net income up to +20. The availability of space is increased. Although expectations on rents remain on a positive territory, the increase in new construction will affect sull'outlook rents in the future. Even the confident investors saw a marked improvement, with a sharp increase in demands and expectations of transactions. The increased appetite for investment is spurring expectations on the capital value.
