Southeast Asia's real estate market in November 2017

A series of blockbuster land deals in Singapore this year, mainly in the residential and office sectors, signal this market is set to break out of its prolonged slump in 2018. In Greater Bangkok, the condominium market is expected to grow with strong demand for projects near mass transit lines which are being extended.

Whereas, the Malaysian authorities warned that a worsening imbalance between supply and demand in its property market could pose a risk to the wider economy, as unsold residential units could touch record highs and a supply glut in commercial assets could potentially exceed that of the 1997 Asian Financial Crisis. It is forecast 6.08 million sqm commercial space and 3.53 million sqm office space should be added into this market over the next three years.