| March 7, 2008 | |
Singapore has been rated as the best destination all over Asia for Real Estate Investment, followed by China and India. The second annual survey of real estate investment trusts (reit) in the Asia-Pacific region found that China, India and Vietnam were also hot markets for property growth over the next five years.
The survey found that the Monetary Authority of Singapore and the Singapore Exchange were some of the main reasons the city-state won. According to the survey’s findings, retail, commercial/office and industrial and retail property will continue to be the main focus for market growth, even though retail, commercial and office markets have cooled in the last 12 months.
The survey results also showed that China, India and Vietnam are the leading property growth markets in the region. Malaysia is also named as a high-potential Reit market.
Low yields, poor regulatory processes, the effects of financial engineering and adverse taxation developments, according to the survey, will continue to be the greatest threats to reits in Asia Pacific but most of these threats will diminish significantly over the longer term.
News Published Under: Real Estate India |
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