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Where are Asia’s major housing markets headed?
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The average price per sq m of a newly built apartment in Tokyo surged 30 per cent year over year in the first eight months of 2023.
PHOTO: AFP
SINGAPORE – There’s no place like home when it comes to building generational wealth. Residential property values in the most advanced economies have consistently outpaced inflation in recent decades and account for around half of all household net worth.
The long-term real price gains are even greater in major cities, reinforced by inward migration, supply constraints and favourable financing conditions.
