"Strong demand, high construction and land costs have contributed to elevated prices of both new and second-hand condominiums in Osaka. Wage growth has been slow in omparison, and many people will likely be priced out and required to stay in the rental residential market."

"The effect of the first store economy continues to ferment, attracting more new brands to open in Shenzhen, which is second to none in South China."

"The government, prior to the 2024 policy address, announced substantial changes to Macau’s real estate policy. These modifications focus on two main areas: the elimination of the additional 5% stamp duty for second residential property purchases and the dissolution of the mortgage percentage for local residents in favor of a unified mortgage limit of 70%."

"Metro Manila’s post-pandemic office scene is slowly regaining momentum, with developers focusing on introducing more certified green buildings. Older buildings need to remain competitive, forcing landlords to adapt and invest in strategies that align with changing priorities."

"With more completions and softer economic conditions, rents for private residential properties are starting to show signs of inflecting. However, any decline is likely to be shallow and not back to levels where the sharp increase began in early 2021."

"As the expansion of major department store groups has intensified market competition, exclusive dining brands, flagship stores, and online retailers opening physical stores are strategies being adopted a win market share."

"In contrast to recent historical experience, price growth for units could potentially outperform houses in the coming years, as the discount for units coupled with strong rental growth and the ongoing demandsupply imbalance for apartments drives stronger capital growth."

"Geographic diversification is not the only way that the sector is changing, with new buyers and new brands boosting branded residences"