The real estate sector is booming across much of Asia, where commercial property in urban hubs such as Tokyo and Singapore has lured foreign investors. Businesses are also rushing to cash in on the trend and are boosting their efforts to expand.
In Southeast Asia, high-profile luxury brands are investing heavily in residential projects as the number of wealthy Asians grows, especially in Thailand.
Meanwhile, some countries in the region are pushing ahead with ambitious projects to build affordable housing. In Vietnam, conglomerate Vingroup has vowed to build half of the government’s goal of 1 million affordable housing units.
