Dec 18, 2025

Summary:

The Asia-Pacific real estate market is stabilizing, with Australia and Singapore standing out as prime investment hubs. Key highlights include significant growth in logistics space in Vietnam South and Greater Bangkok, expansion of office space in Sydney CBD, and robust industrial demand in Perth. Singapore shows strong developer interest in large-scale, transport-linked mixed-use projects like Hougang Central and continued activity in luxury hospitality and data centers. Meanwhile, Hong Kong’s retail sector faces challenges with declining rents and steady vacancies.

Investment Opportunities & Advice:

1. Singapore Mixed-Use Developments:

   Large-scale, transport-connected projects such as the Hougang Central site are highly sought after. Investing in or partnering on upcoming government land sales or similar developments offers strong long-term growth potential.

2. Logistics Real Estate in Vietnam South and Greater Bangkok:

   Rapid expansion driven by e-commerce makes logistics warehouses and distribution centers attractive for rental income growth and capital appreciation.

3. Sydney CBD Office Market:

   New premium office supply presents opportunities for investors and tenants looking for modern, well-located commercial space in Australia’s key financial district.

4. Industrial Properties in Perth:

   High take-up rates indicate strong demand; industrial warehouses and logistics facilities are good targets for stable, long-term income streams.

5. Hospitality and Mixed-Use Projects in Bangkok:

   Growth in luxury hotels within mixed-use developments signals maturing tourism and commercial sectors, providing opportunities in hotel investments or integrated property projects.

6. Data Centers in Singapore:

   The consolidation of assets into Keppel DC REIT reflects institutional confidence; data centers remain a resilient, high-demand asset class amid rising digital infrastructure needs.

7. Retail Sector Caution in Hong Kong:

   Given rent declines and vacancy levels, retail investments require caution unless properties have unique locations or can be repurposed effectively.

Overall Recommendation:

Prioritize mixed-use developments and data centers in Singapore, logistics assets in Vietnam and Bangkok, and industrial properties in Australia for stable returns. Explore hospitality and office sectors selectively. Exercise prudence in Hong Kong retail due to current market softness.

Stay Well!