A research produced by DTZ
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