Asian property: reaching ever higher

A SUPPLEMENT TO EUROMONEY/DECEMBER 1996

Supply and foreign demand

Foreign companies are driving top-end property prices ever higher. But will underlying demand keep pace with development plans? Gill Baker reports on the property markets of Asia

The ebb and flow of foreign confidence in Asian countries has had a dramatic affect on demand for Asian property. While domestic fortunes will always constitute the core of underlying demand for property, it is overseas players which are driving the top end of the market.