Knight Frank Asia Pacific June 2020 Market Bulletin

Research Date: Thursday, 18 June 2020
Knight Frank Asia Pacific June 2020 Market Bulletin | KF Map – Digital Map for Property and Infrastructure in Indonesia

Asia Pacific real estate markets largely subdued during lockdown.

On the 23rd January 2020, the Chinese province of Hubei and its capital Wuhan went into lockdown. Over the subsquent two months, the spread of Covid-19 has forced most markets accross Asia-Pacific to follow suit in one form or another. 

With a significant impact on movement, and trade, real estate activity has been severely compromised. Within such an uncertain environment, concerns about cashflow and supply chains, together with the difficulties in conducting inspections have all contributed to a fall in demand for most types of property. 

The challenge during a period like this is then how to provide useful and accurate data and analysis, which is not simply backward looking, but also captures what is happening right now. Whether you are a real estate occupier or investor, understanding market dynamics now and planning and positioning for the future is vital.

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