Real estate in the Asia-Pacific region - statistics & facts

The real estate market all around the world has been affected by the global pandemic. This historic event has changed the way we live, consume, and work. The real estate market in the Asia-Pacific region has experienced some turbulent and diverse changes depending on the sector, property type, and location. The commercial real estate segment, which includes offices, retail outlets, logistics centers, and many more, had to adapt to new conditions and demands. Furthermore, residential real estate suffered decreases in rental and capital values in some areas, with the exception of prime real estate, which experienced healthy growth in most locations. On the bright side, real estate activities started to pick up last year, and, overall, it is safe to say that the real estate industry is well on its way to recovery.

Real estate sectors

Office and retail real estate amount to a third of the investor portfolio in the Asia-Pacific region. However, this is predicted to change drastically in the coming years. Service sectors, including hotels and retail, endured the worst effects of the pandemic. Meanwhile the industrial real estate such as logistics and distribution centers managed to see growth and are expected to expand. Reflecting on this change, real estate asset allocation is shifting from retail to industrial real estate in the future. Real estate investors are increasingly interested in niche real estate sectors. Data centers are the most popular niche real estate sector among investors and did not suffer in investments. Currently, Tokyo and Shanghai have the largest live data center capacities in the Asia-Pacific region. Life sciences real estate is a new sector of interest and includes a range of medical facilities and properties.

Locational prospects

The real estate market in the Asia-Pacific region is diverse and consists of developed and emerging markets. Accordingly, the volume of activity, investment, and development prospects vary. For instance, South Korea generates a substantial amount of real estate activities. Cap rate of logistics facilities and shopping malls were the highest in major Indian cities such as Bengaluru, Mumbai. and Gurgaon. Singapore, Ho Chi Minh City, and Sydney have topped the list for both investment and development prospects in the coming years.
This text provides general information. Statista assumes no liability for the information given being complete or correct. Due to varying update cycles, statistics can display more up-to-date data than referenced in the text.
Published by S. Ganbold, Jan 30, 2023

Key insights

Value of real estate investment
140.5bn USD
Leading sector by asset allocation
Office
Leading market by capital value growth
Auckland
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Editor’s Picks Current statistics on this topic

Median cap rate of grade A offices in the Asia-Pacific region as of September 2022, by city and location

Office

Grade A office cap rate in APAC 2022, by city and location

Average monthly rent for a one bedroom apartment in megacities in the Asia-Pacific region in 2023, by city (in U.S. dollars)

Apartments

Average monthly rent for one bedroom apartment in megacities APAC 2023, by city

Value of listed real estate market worldwide as of December 2022, by region (in billion U.S. dollars)

Commercial Real Estate

Global listed real estate market size 2022, by region

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Further reportsGet the best reports to understand your industry

Real estate in South Korea
Real estate in South Korea
Residential real estate in Japan
Residential real estate in Japan
Real estate in Singapore
Real estate in Singapore
Real estate industry in the Philippines
Real estate industry in the Philippines
Real estate in Indonesia
Real estate in Indonesia

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