SINGAPORE: The fortunes of two of Asia’s hottest property markets are diverging.
That’s according to an Urban Land Institute and PricewaterhouseCoopers LLP report released today into property trends in the region. Over the past few quarters, apartment prices have rebounded in Singapore, signalling resilience in the residential market, while the office sector has largely absorbed the oversupply.
More broadly, capital inflows into property from the US and Europe to Asia Pacific dropped amid trade war concerns, touching the lowest since 2012 in the second quarter.
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