Family offices managing funds for wealthy names throughout the Asian continent are enjoying solid returns for their clients selling real estate assets purchased in the downturn.
However, with the economy slowing down now more than ever, following China’s own economic plateauing, the outlook for such trade is now less certain. Regional economies are weak, exports are down, and currencies are depreciating. Despite that, the anomaly is that assets continue to get pricier because of the tides of new money from interested buyers globally, amidst growing risks on the macroeconomic level. This flies in the face of standard economic thinking, but as Asia’s High Net Worth Investors (HNWIs) consider their limited investment options, they may then decide to put more money into these rising asset classes of property, thereby exacerbating the risks of an asset bubble. When one tries to be rational about an irrational market, this is when things start to go awry.
This story is from the {{IssueName}} edition of {{MagazineName}}.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the {{IssueName}} edition of {{MagazineName}}.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
London Positions Itself As A Global Leader In The Property Market
London positions itself as a global leader in the property market by delivering world-class, placemaking developments to entice investors.
Steely Resilience
Singapore’s real estate business boomed even during the pandemic and here’s why
Phi Phi's Five-Star Resort, Zeavola
Phi Phi’s only five-star resort, Zeavola is a luxurious yet rustic retreat offering hillside pool villas and beachfront, garden and village suites, while fulfilling its management’s vision to create “the best possible hotel product embedded in sustainability”.
Soldiering On
How the pandemic changed the real estate business in the Big Apple.
Ocean Drive
Sentosa Cove, Singapore
Midtown Modern
Guocoland, Singapore
The Oceanfront
Sentosa Cove, Singapore
V On Shenton
Shenton Way, Singapore
1471 Forest Knoll Drive
With panoramic views of the Los Angeles skyline, living at 1471 Forest Knoll Drive makes every day seem like living at a private resort.
Masterful Hands
While some of the world’s leading architect design prominent buildings, under their deft hands they also design characterful products for the home.