What Next is a concise monthly newsletter by IQI Global that aims at keeping readers informed on the current and upcoming developments in the global market with it's key focus on the real estate industry across multiple regions.
Some sovereign bonds are going through denomination risk which might add bearish sentiments to the financial markets. In terms of the North Korea and USA Summit, it happened to be a key milestone in the modern history where two nemesis came together and tried to resolve contentious issues.
The summit between the United States and North Korea is set to take place in Singapore on 5th June and hopes to sort out political and economic issues that will benefit the masses in the long run.
On the other hand, we see how Purpose-built offices are all the rage throughout the Malaysian region. Philippines continues to be one of the strongest players in the property market game as we see rapid and continuous growth in residential, office and retail sectors predominantly in Makati. Last but not least, office and retail markets in Vietnam remain at a constant pace while the residential markets continue to soar.
In real estate, Australian residential properties in Sydney have begun to slip. In Melbourne, the education sector has been driving high demand. Canada’s real estate market remains stable in the residential sectors and is booming in the office and retail sector. Malaysia’s outlook remains positive; Malaysian economy continues to experience sustained growth. Philippines is seeing many new projects coming up this year. Finally, Vietnamese government agencies are expected to work more closely with credit institutions and developers in attracting home buyers.
In real estate, Australian markets show that rent levels and growth varies substantially by capital city, depending on the balance of supply and demand. Malaysia on the other hand could see a positive demand for office space in established and upcoming decentralised locations along the rail transportation routes due to emergence of the second MRT line. Vietnam has also become one of the most attractive destinations for retailers in South East Asia. Likewise, Ho Chi Minh City’s economic importance and status as retail hub continues to attract a strong development pipeline.