Investors Across Asia Still See Good Opportunities In Buying Real Estate
Many countries are seeing stronger investment interest in office properties, especially in Australia and Japan.
Singapore (I-Newswire) August 31, 2012 - Real estate investors in Asia still see good opportunities in buying real estate. Many of these investors are still in buying mood in the second quarter. This is despite the slew of negative news from euro-zone debt crisis. But sentiment among the investors are mixed.
According to a ket report by CBRE, the investment turnover jumped 54 per cent to US$ 17.9 billion from the first quarter this year. Although the jump may be significant, the increase is likely due to larger deal that has to undergo prolong negotiation.
The office sector continued to attract strong interest. Japan and Australia leads the pack with strong interest in office properties. Investors are still on the look out for properties with attractive yields and greater long term potential.
In Singapore, private asian investors are show keen interest in strata titled commercial units. Although there has been slight dip of 4.7 per cent in Grade A office rents, demand exceeded expectations with a net absorption of 473,200 square feet. And the vacancy rate has fallen to 6.4 per cent.
Within Singapore’s key financial district, there is a new launch mixed development comprising of shops, offices and residential units. This mixed development project is called Eon Shenton, and is located in the heart of Singapore financial district. It is also located within minutes walk to the MRT train station and selected units enjoy unblocked sea view.
Local Singaporean or foreigners looking to invest in Eon Shenton should check out http:www//.Eon-Shenton.sg, to get an overview of the project and the latest promotional offers.
Investors looking at other Singapore property, are welcome to visit http://www.BuyRentSingapore.Com or http://www.BuyRentSingaporeProperty.Com for latest property launches in Singapore. BuyRentSingapore.Com is a Singapore property listing website.
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Published On:August 31, 2012
Print Release:Print Release
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