DTZ’s Asia Pacific Fair Value Index™ rose slightly in Q4 2014 to 56, indicating that Asia Pacific property has become more attractive for investors.
According to our Fair Value analysis industrial markets in Australia are the most attractively priced, while Taipei and Hong Kong remain the most overpriced markets in the region.
Fair (required) returns continue to fall due to government bond yields being dragged down further by looser monetary policy across Asia Pacific.
As 2015 progresses we think more markets will become attractively priced, with further declines in bond yields set to boost the relative pricing of property.
Source : DTZ