Asia Pacific
The ULI Asia Pacific Summit, held in Hong Kong and livestreamed in late August, devoted considerable time to questions of climate resilience, but one panel in particular focused on building cooperative community resilience in Asia.
According to the 2022 Global Cryptocurrency Adoption Index, four of the top five countries for cryptocurrency adoption are emerging markets, with the United States listed in fifth place.
The importance of education, China’s economic resilience and the urgent need for Hong Kong to open its borders once more were covered by Weijian Shan, executive chairman of PAG and one of Asia’s leading business figures, at the ULI Asia Pacific Summit in Hong Kong.
The ULI Asia Pacific Summit, held in Hong Kong in August, asked a panel of experts what was next for China’s property market. The residential development market in particular has been challenged, with restrictions on lending, defaults among developers, and falling sales.
While the Asia Pacific region has been somewhat insulated from the inflationary damage inflicted on economies in Europe and North America, the immediate outlook is gloomy, said leading global investors at the 2022 ULI Asia Pacific Summit; real estate owners need to protect their assets in the short term and focus on longer-term trends.
Endless skyscrapers, narrow streets, hanging neon signs amidst the concrete jungle. Welcome to Hong Kong’s urban fabric, both fascinating in its vibrancy, and overwhelming in its density. But in this hyper-dense city lies Fairview Park, a pioneering residential development in complete contrast to Hong Kong’s urbanity.
Thirteen outstanding real estate development projects have been named the winners of the 2022 ULI Asia Pacific Awards for Excellence, one of the real estate industry’s most prestigious honors. This year’s winners include five projects in Australia, four in China, and one each in Malaysia, Maldives, the Philippines, and Singapore, respectively.
ULI announced that it will be expanding its Asia Pacific footprint to include Vietnam. To align with its ambitions to grow its presence and membership and establish a locally led council of industry experts, the Institute has formed a ULI Vietnam committee.
Twenty-four exceptional real estate development projects have been shortlisted as finalists for the 2022 ULI Asia Pacific Awards for Excellence among the 62 projects submitted entries to the competition from across the region.
Rooftops designed to facilitate drone deliveries, whole floors in residential blocks dedicated to coworking or community spaces, and mobile supermarkets were among the futuristic concepts discussed at the 2022 ULI Singapore Annual Conference.
Singapore
Despite the monetary headwinds and continued economic uncertainty around the world, there is a strong belief that the global real estate industry is at a “pivot point,” with improving prospects ahead for renewed investment activity, according to the latest Emerging Trends in Real Estate® Global Outlook 2024 from PwC and the Urban Land Institute.
Six impressive developments from around the world have been selected as winners of the 2023 ULI Global Awards for Excellence. This year’s winners include two from North America, two from Europe, and two from Asia Pacific.
As the world’s population continues to grow, there will be a need for increased urbanization to accommodate more people. The question is how and when should urban planners decide to regenerate, when to expand and when to create new cities, for sustainable growth and development of future cities, since each approach comes with its benefits and its drawbacks.
Hong Kong
Twelve developments from across Asia have been selected as winners of the 2024 ULI Asia Pacific Awards for Excellence, one of the real estate industry’s most prestigious honors. Announced at the 2024 ULI Asia Pacific Summit held in May in Tokyo, this year’s award winners include projects in Australia, China, Hong Kong, Japan, Singapore, and the Philippines. These winners will automatically qualify as nominees for the 2024 ULI Global Awards for Excellence, where they will compete against projects from North America and Europe.
With investors across the Asia Pacific continuing to avoid mainstream asset classes as they seek out higher returns and more reliable income streams, attention has turned increasingly to “living assets”—a broadly defined concept that includes the multifamily, senior living, and student housing sectors.
The 2024 Asia Pacific Home Attainability Index by ULI offers a comprehensive overview of housing attainability across the Asia Pacific region. In this third edition, the report includes data from three additional cities—Bangkok, Kuala Lumpur, and Perth—expanding its coverage to 48 cities in 11 countries, namely, Australia, China (including Hong Kong SAR), India, Indonesia, Japan, Malaysia, Singapore, South Korea, the Philippines, Thailand, and Vietnam.