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Asia Pacific Transaction Price Index : Prices reach new record high - Q3 2014

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A research produced by DTZ

Asia Pacific Transaction Price Index : Prices reach new record high - Q3 2014

 
DTZ Research is pleased to launch the first Asia Pacific Transaction Based Price Index (TBPI). Our index shows that Asia Pacific commercial property grew 4% over the third quarter to reach a new record index score of 189.

The return to growth across Asia Pacific reflects a growing number of sales reporting price increases in Australia, Hong Kong and Singapore.

An increased proportion of sales in the major cities has also driven the rise in prices. 78% of sales in the last two quarters were in key cities compared to 53% in the previous two quarters.

Positive relative pricing and strong growth in the weight of capital targeting the region is likely to support further price growth over coming quarters.

Source : DTZ

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Keywords : DTZ