{"id":41068,"date":"2017-01-18T18:12:07","date_gmt":"2017-01-18T11:12:07","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/4-of-the-worlds-fastest-changing-cities-are-in-asia\/"},"modified":"2017-01-18T18:16:14","modified_gmt":"2017-01-18T11:16:14","slug":"4-of-the-worlds-fastest-changing-cities-are-in-asia","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/4-of-the-worlds-fastest-changing-cities-are-in-asia\/","title":{"rendered":"4 of the world\u2019s fastest-changing cities are in Asia"},"content":{"rendered":"


\nDynamic all the way
\nA digital painting of Chinatown in Thailand. nasidastudio\/Shutterstock
\nThe dynamism of Asia, or its urban cities, is once again out in the open with Jones Lang LaSalle\u2019s newest annual City Momentum Index (CMI) report, out in February.
\nThe report\u2019s latest list of the World\u2019s Most Dynamic Cities, which tracks 134 metropolises around the globe, is still awash with Asia-Pacific names. In fact, cities from the region populate more than half of the top 30.
\nAs dynamic as Asian cities are, nothing ever stays in the same position though. Missing from the top 20 now are Tokyo and Seoul. So do Singapore and Hong Kong. Most remarkably, India trounced China as home to the continent\u2019s most dynamic urban areas.
\n\u201cWith more than half the world\u2019s population currently living in cities, a proportion that is expected to grow substantially over the next few decades, the success of our cities takes on great importance,\u201d noted Jeremy Kelly, JLL Director of Global Research. \u201cThe CMI highlights that, despite various political upheavals and ongoing economic uncertainties, many cities continue to show impressive dynamism. Keys to their success are the agility and openness that enable them to adapt quickly to each new wave of global change.\u201d
\nHere are the five fastest-changing cities on earth, according to JLL:
\n1. Bangalore
\nA view of downtown Bangalore. Ajay Bhaskar\/Shutterstock
\nSix Indian cities feature in the top 30, but the country\u2019s technology capital Bangalore is the most dynamic city of them all. The metropolis is one of several \u201cagile high-value emerging cities\u201d shifting to higher-value manufacturing and service-based activities.
\n2. Ho Chi Minh City
\nHo Chi Minh (Sai Gon) in the golden hour twilight. Long Bao\/Shutterstock
\nVietnam\u2019s largest city is an exemplar of the report\u2019s list of \u201chigh potential cities\u201d currently benefiting enormously from low costs, rapid consumer market expansion and high levels of foreign direct investment (FDI).
\nMore: 5 reasons Thai construction is hot again
\n3. Silicon Valley
\nExterior view of a Google headquarters in Mountain View, California. turtix\/Shutterstock
\nAlthough comparatively smaller than the populous cities in the top 10, Silicon Valley in the US parlayed its world-famous tech excellence into a third-place ranking on this year\u2019s list. A \u201cnew world city,\u201d Silicon Valley prides itself in robust infrastructure and attractive liveability platforms.
\n4. Shanghai
\nAerial view of Shanghai urban skyline. Eugene Lu\/Shutterstock
\nWhich part of Shanghai is not changing? China\u2019s largest city is in a constant flux. One of the world\u2019s most heated housing markets, the city has grandiose plans in place to make itself a smart global city by 2040.
\n5. Hyderabad
\nHyderabad is the fifth largest contributing city to India\u2019s GDP. SNEHIT\/Shutterstock
\nHyderabad is the second most dynamic Indian city in the world. \u201cWhat has become apparent is Hyderabad and Bengaluru are now becoming more tightly networked and are outperforming their national economies,\u201d the researchers contended.
\nHere\u2019s a full list of the top 10 most dynamic cities in the world:
\n1. Bangalore
\n2. HCMC
\n3. Silicon Valley
\n4. Shanghai
\n5. Hyderabad
\n6. London
\n7. Austin
\n8. Hanoi
\n9. Boston
\n10. Nairobi
\nRead next: 8 of the world\u2019s hottest residential markets are in this one country
\n
\nSource : property-report.com
\nRead more…4 of the world\u2019s fastest-changing cities are in Asia<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Dynamic all the way A digital painting of Chinatown in Thailand. nasidastudio\/Shutterstock The dynamism of...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-41068","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-aGo","jetpack-related-posts":[{"id":3675,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/asias-budding-silicon-valleys-lead-real-estate-growth-and-innovation\/","url_meta":{"origin":41068,"position":0},"title":"Asia\u2019s budding \u201cSilicon Valleys\u201d lead real estate growth and innovation","date":"February 4, 2016","format":false,"excerpt":"\r India, China and Vietnam\u2019s tech hubs\u00a0have a promising future UB City in Bangalore, also known as \u201cAsia\u2019s Silicon Valley\u201d per JLL Rapid progress in technology in cities like Bangalore and Shanghai has helped in driving real estate growth, according to JLL\u2019s latest report City Momentum Index 2016. 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Supported by strong labour markets and venture capital activity, cities such as Singapore, Beijing, Shanghai and Hong Kong ranked among the region\u2019s\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":52179,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/asian-cities-not-countries-key-to-real-estate-growth-and-diversification\/","url_meta":{"origin":41068,"position":5},"title":"Asian cities, not countries, key to real estate growth and diversification","date":"April 18, 2017","format":false,"excerpt":"\r The world\u2019s economic weight continues to lean favourably towards Asia-Pacific. From just 28 per cent in the early 2000s, the region\u2019s share of world output, in purchasing power parity terms, now stands at 39 per cent, and is projected to reach 44 per cent by 2025. 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