Are rising rates and inflation cooling hot real estate in the region?
Corinne Kerk
WITH rising interest rates, inflationary pressures and much hand-wringing over the health of economies, some heat is coming off red-hot property markets, many of which have seen double digit price growths since the last quarter of 2019.
The Business Times checks in with international real estate services company, JLL, for highlights on where residential capital values are headed in some of the frothiest - as well as perhaps more resilient - markets from the 17 cities its local research heads cover.
AUSTRALIA
TRENDING NOW
CSE Global independent director quits after clashes with chairman Eugene Lai over board refresh
‘I felt like dying’: Thai Singha beer scion speaks up after disclosure of alleged sexual abuse
Abandoned ‘Titanic’, failing ‘ancient towns’: Why China’s tourism boom leaves white elephants behind
Cat A COE rate exceeds Cat B for third time in 4 months; premiums largely down