Southeast Asia Bulletin, Q2 2023
Southeast Asia’s real estate market is poised to rebound in 2023, driven by China’s reopening and stronger trade growth across the regional economies. The commercial property markets here are becoming more popular with mainland Chinese investors as political rifts and higher interest rates dampen the appeal of traditional favourites such as Australia and the US. Meanwhile, the regional countries such as Thailand, Malaysia, and Vietnam are becoming new hotspots for Indian homebuyers, replacing Dubai and London.
In the long term, the outlook for the real estate market is expected to remain positive over the next decade on account of increasing urbanisation, regional investments, digital transformation, and development policies.
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