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Real Estate Briefing - Categorized | Asia Pacific, Investment, Research more

Best place to buy property in Asia

Posted on 06 December 2012

Forget the red-hot property market of mainland China — a new forecast says investors should be looking south. Jakarta — Indonesia’s burgeoning capital of nearly 10 million people — is predicted to be Asia’s top real estate market in 2013, ahead of cities such as Hong Kong, Singapore and Sydney in “Emerging Trends in Real Estate — Asia Pacific 2013,” a real estate forecast released this week by PriceWaterhouseCoopers and the Washington D.C.-based Urban Land Institute.
The recommendation to buy into Jakarta-based property may raise eyebrows, but PriceWatershouseCoopers says Indonesia’s economic turnaround over the past few years has impressed international investors………………………………………..Full Article: Source

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