An Analysis of the Level of Maturity in South-East Asian Property Markets

Abstract

Previous literature has argued that mature markets should have the ability to accommodate a full range of use and investment objectives, with the provision of a sophisticated property profession and its associated institutions and networks. As a consequence, maturity level can be seen to influence office investment activities. South-East Asian cities present an interesting array of property markets at various stages of evolution. Where each city is now and where it is heading is the result of a complex mix of underlying factors. This paper attempts to apply the methodology which has been developed in the European context to the South-East Asian market.