China  

"After a slow start to the year, market activity picked up in the second half of 2021. Investors focused on leading cities but cast a wider net when it came to asset classes looking to spread risk across different sectors when looking to enhance yields and growth prospects by including niche asset classes. While strategic portfolio disposal might have come at a slight discount to market, by and large, single assets in leading cities retained their market value with vendors unwilling to offer substantial discounts.” – James Macdonald 

Hong Kong

“Prospects for growth and recovery have been dampened with social distancing measures once again tightened in response to the new variant. Heedless of the strong economic rebound in 2021, the outlook for the retail market remains muted without tourist support, while Grade A office rents will come under supply pressure with soft demand prospects and low levels of pre-commitment.”– Simon Smith

India 

“2021 saw investment inflows across most asset classes, prominent among which was the office sector. Going forward, growth segments such as data centres, student housing and life sciences are likely to provide lucrative opportunities in 2022. This should help investors recalibrate their strategies and diversify their portfolios.” – Arvind Nandan

Indonesia 

“Restored business confidence supported market absorption across most commercial sectors in 2021. We expect more expansion in 2022 in view of the promising outlook for the economy helped by better sentiment towards Indonesia as the host of the G20 meeting in Bali later this year.” – Anton Sitorus

Japan 

“A large amount of dry powder and the limited number of opportunities in the Japan real estate market will likely lead to even sharper prices, especially in the logistics and residential sectors.”– Tetsuya Kaneko 

Malaysia 

“As virtually all key economic sectors are currently back to near-full activity, there is growing optimism that the country’s economic performance will continue to improve in the coming year.” – Nabeel Hussain 

Singapore 

“As supply remains constrained, developers’ and investors’ hunger for real estate assets remains unsatisfied.” – Alan Cheong

South Korea

“Despite further expected interest rate hikes, transaction prices in the office sector are forecast to show an uptrend based on strong leasing market fundamentals.” – JoAnn Hong

Taiwan 

“Driven by strong export figures, massive investment from the semiconductor industry, and the successful containment of COVID-19, Taiwan’s economy recorded an outstanding performance in 2021, with GDP growth hitting 6%. As a result, the commercial property and land markets have been active.” – Erin Ting 

Thailand 

“Coronavirus infections declined in Q4/2021 after hitting a peak in the previous quarter and Thailand’s economy has begun to exhibit some positive signs of recovery, which has boosted consumer and business sentiment and revived interest in the hospitality sector.” – Palathip Chunhasomboon

Vietnam 

“Vietnam now benefits from a strong domestic economy, as well as rising foreign investment.  Residential markets remain sound, a product of low urbanization rates, equity build up and rapidly improving infrastructure.  Industrial and logistics assets continue to attract capital and occupiers, now diversifying from manufacturing to e-commerce related and niche areas such as cold storage and data centers.” – Troy Griffiths