Prime Asia Development Land Index, H2 2015
- Andrew Millar
- Mar 7, 2016
- 1 min read
Knight Frank Cambodia
Report Description
7th March 2016 (PDF, 3 pages)
This regional development land report provides a detailed analysis of pricing trends, investment flows and market pressures across Asia, drawing on extensive regional research undertaken by Knight Frank, including Cambodia.
Summary
Development land investment volumes in Asia rose by 14% year-on-year in H2 2015 as regional markets adjusted to shifting demand dynamics.
Cross-border investment increased by 55% year-on-year, driven primarily by stronger intra-Asian capital flows.
China was responsible for nearly 95% of total Asian development land investment in H2 2015, buying almost two times more land across the rest of Asia.
Average land prices have been steadily rising since mid-2012, while average land parcel sizes have continued to shrink.
Residential land prices across Asia appreciated by 3% in H2 2015, although office land price growth slowed to 1.5% over the same period.
Phnom Penh recorded some of the region’s fastest price increases, driven by rising residential prices, higher office rents and easing construction costs.
Vietnam and Thailand experienced exceptional year-on-year investment growth of 560% and 272%, respectively, as private investment strengthened.
About Knight Frank Cambodia
Knight Frank Cambodia is part of the global Knight Frank network, a leading independent property consultancy providing advisory, valuation and research services in more than 50 countries.
Established in Cambodia in 2008, the firm delivers market intelligence and strategic guidance across commercial, residential and industrial real estate.
Its research division produces authoritative analysis that informs investment decisions, urban planning and sector development nationwide.
Website: knightfrank.com