RealVantage

According to data from the Urban Redevelopment Authority (URA) in Singapore, new private apartments sales have more than doubled in the past month, and home prices have also been increasing at a rapid rate.

According to Colliers International, a 50 percent surge in investment activity is expected in the second half of 2021, driven by a broad-based renewal of confidence in the property market due to vaccine developments and sustained government stimuli.

The sharp fall in interest rates across Asia Pacific over the last year has created a conducive environment for real estate investments with support for capital values across the region.

Forecasts of house prices in Australia continue to be revised upwards, with the latest forecast by ANZ projecting a 17 per cent increase in 2020, up from 9 per cent previously.

Office occupancy rates in Adelaide were steady at 69 per cent in February, showing support that the office market is slowly regaining its health.

South Korea has emerged as the winner not just in Asia, but globally as the most-actively traded retail property market and second-most liquid office market.