2023-02-08-莱坊-Asia_Pacific_Residential_Review_H1_2022_2页_222kb

The Asia-Pacific Residential Review H1 2022 report, based on Knight Frank's analysis, offers an investor-focused examination of residential market performance across the region. Key findings include moderate positive growth in many cities, with average annual residential price growth at 5.6% year-on-year for 19 of 23 monitored cities. However, factors such as rising interest rates, economic uncertainties, and lockdown impacts have caused cooling in some markets, like China, while others, such as India, show strong demand driven by low borrowing costs and pandemic-related ownership needs. The overall outlook is stable for most areas, with currency and macroeconomic fundamentals playing significant roles.

Highlights:

• Many APAC cities registered positive YoY growth, e.g., Beijing (+5.7%), Sydney (+16.1%), but Hong Kong and Kuala Lumpur saw declines.
• Rising rates in places like New Zealand led to market softening, with Auckland and Wellington experiencing declines.
• China's market cooled due to lockdowns, but credit policies were eased to support recovery.
• India's performance was robust, with sales volumes peaking, driven by low rates and heightened demand.
• Outlook remains cautious, with higher cost of living and potential volatility affecting buyer appetite in the coming period.