Monday 14 April 2014

Emerging Asia—Home to hottest property markets?



Southeast Asian cities are seeing the fastest increase in prime property prices across all of Asia, according to independent global property consultancy Knight Frank.

"Developing Asia is seeing a much larger magnitude of growth in its indices than developed Asia," said Nicholas Holt, head of research for Asia Pacific.

He highlighted Thailand's Bangkok, Indonesia's Jakarta, Malaysia's Kuala Lumpur and Cambodia's Phnom Penh as four of the top five cities when ranked by growth in land prices.