Property markets in Southeast Asia, one of the worst-hit by the Covid-19 pandemic, are poised to recover as countries across the world gradually open up in the coming months, according to analysts and investors. Much of that recovery will be driven by the region’s young population, they said.Office rents across Southeast Asia declined between 8 and 10 per cent in the first quarter, while luxury home prices remained flat, according to Knight Frank. In Asia-Pacific, office rents fell 7 per cent…
Source : South China Morning Post
Read more…Investors see Southeast Asia’s young population driving property market recovery after pandemic
