Japan's 'quiet property bubble' deflating
The number of property transactions has tumbled, rents have been muted and inflation expectations have waned
Tokyo
IN Japan, the number of property transactions has tumbled, rents have been muted and inflation expectations have waned. That's prompting a growing number of analysts and economists to turn bearish on property prices, which have been recovering since Prime Minister Shinzo Abe came to power in 2012.
Deutsche Bank AG's Yoji Otani said prices benefited from Mr Abe's monetary easing and are poised to fall as government policies are faltering, joining analysts and economists at Mizuho Financial Group Inc and Fujitsu Research Institute in forecasting declines.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Property
Private home prices ease to 1.4% rise in Q1; rents fall a further 1.9%
Singapore office rents in central region fall 1.7 per cent in Q1 after rising for 9 quarters
Singapore retail rents slip 0.4% in Q1 as vacancy rates creep up
Country Garden plans to present debt revamp plan in H2, sources say
Hong Kong home prices rise for first time in 11 months after curbs scrapped
HDB resale prices accelerate, rising 1.8% in Q1 on stronger demand