The survey was carried out by the US’ Urban Land Institute (ULI) and Pricewaterhouse Coopers (PwC) to compile a report on emerging trends in real estate in Asia-Pacific in 2020.

Photo: VOH

It reported that due to challenges posed by geo-politics in the region, real estate investors have shifted to less adventurous markets with fewer risks.

Singapore and Tokyo of Japan top the rankings, while Sydney and Melbourne of Australia claim the fourth and fifth place.

Source: VNA