Global house prices are rising at the fastest rate since 2006 with a double-digit pace annually. The drivers for the housing frenzy include cheap mortgages, a post-pandemic desire for more space, newly remote workers taking city cash to regional locations, and fear of missing out. In Asia Pacific, real estate used for the life science industry which covers the pharmaceutical, biotechnology, medical equipment, food science, and healthcare sectors, is surging as a key macro trend amid the Covid-19 pandemic. Besides, tech firms are becoming both the fastest-growing occupiers and a new class of owners in the regional real estate market, accounting for 25% of office leasing demand over the next five years.