New data reveals that Asian residential real estate assets are in aggregate now worth approximately US$90 trillion. That means Asia is home to about 45 cents of every dollar of residential real estate value located anywhere in the world. That’s why I believe Asia is an attractive post-COVID-19 opportunity for online marketplaces and technology companies.
We have based our US$90 trillion estimates on the piecing together of an Asia-wide number from more fragmented data looking at smaller jurisdictions.
Asia accounts for some 45 per cent of worldwide residential property value despite average purchase prices that are on the whole lower than in Europe or North America.
