Asian Investors Still See Good Opportunities In Buying Real Estate Across Asia and Asia Pacific Countries.
There has been a recent rush of interest in many countries over office properties, especially in Australia and Japan.
Online, August 28, 2012 (Newswire.com) - Savvy Asian property investors still see good opportunities in buying real estate in Asia. In the second quarter of 2012, many of these property investors are still in good buying mood.
The slew of negative news from euro-zone debt crisis has made little impact on their buying momentum, although sentiment among the investors are have been disturbed by the relentless negativity from Europe.
According to a key report by CBRE, the real estate investment turnover jumped 54 per cent to US$ 17.9 billion from the first quarter this year. This jump has been largely due to larger individual deals which took longer negotiation time.
However, the office sector continued to attract strong interest. Japan and Australia leads the pack with strong interest in office properties. Investors are still on the look out for properties with attractive yields and greater long term potential.
In Singapore, private asian investors have shown keen interest in strata titled commercial units. Despite a slight dip of 4.7 per cent in Grade A office rents, demand exceeded expectations with a net absorption of 473,200 square feet. As a result, the office vacancy rate fell to 6.4 per cent.
Within Singapore's financial district, the Shenton Way, a new launch project has been attracting strong interest. Its a mixed development comprising of shops, offices and residential units. This mixed development project is called Eon Shenton, and is located in the heart of Singapore financial district. It is also located within minutes walk to the MRT train station and selected units enjoy unblocked sea view.
Local Singaporean or foreigners looking to invest in Eon Shenton should check out http:www//.Eon-Shenton.sg, to get an overview of the project and the latest promotional offers.
Investors looking at other Singapore property, are welcome to visit http://www.BuyRentSingapore.Com or http://www.BuyRentSingaporeProperty.Com for latest property launches in Singapore. BuyRentSingapore.Com is a Singapore property listing website.
