South East Asian and Hong Kong property markets

Asian governments have improved the financial stance associated with the structure of housing finance, allowing more access to a diverse range of mortgages products.

[2][3] Although some countries in Asia may not be suitable for international investment, due to government manipulated GDP figures and overvalued realestate fueled by unsustainably high debt to income ratios.

In the 1970s, Jakarta's governor Lieutenant General Ali Sadikin focused on rehabilitating public services and re-housing.

The demand has been increasing as worsening traffic into Jakarta has influenced commuters decisions to move closer to the workplace, many of the new apartment towers are located adjacent to business centers.

Property investment prices in Thailand are considerably low compared to other southeast Asian locations, attracting foreign investors, many of which for tourism.

Recent data shows strong market affinity from Chinese buyers, especially in Chiang Mai, Bangkok and Phuket[10] with China-based property portal Juwai.com estimating a 10% growth in Thailand real estate enquiries for 2019,[11] while good exchange rates plus an upwardly-trending influx of Russian tourists has experts cautioning property developers not to overlook the Russian market.

[12] The Philippines was arguably the worst affected by the 1997 Asian financial crisis, with the biggest drop in property market, and has not yet managed to recover fully to this day.

A growing trend in the economy in 2004 [13] resulted in a small property boom, where all office space, luxury residential and retail markets are still on the rise.

This is surprising as Philippines is still perceived as an un-desirable place to do business in Asia[14] although there are plenty of professionals coming into the country and joining the expatriate community.

There are 8 million overseas nationals who continue to invest into property in the Philippines, but growth may be vulnerable due to the recent 10% depreciation of the US dollar against the Peso.