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Posted: 21 Jan 2012 | 6:00 am
Leading financial institution DBS Bank is forecasting property demand to rise in Asia's housing sector from USD694 billion in 2010 up to USD1.1 trillion in 2020.
That's more zeros than I can even start to imaged but this would equated to 16.5 million property transactions in Thailand, Malaysia, Indonesia, Singapore and Greater China (including Hong Kong).
The sheer mathematics of Asia's large population base and growing middle class is a key catalyst to the anticipated growth.
Forget the top and bottom end, the momentum looks to be firmly entrenched at the halfway point.
A column featuring environmental issues and conservation around the island. Click here for more Green Reports check out the latest story from the leading experts:
Vietnam's Vo Trong Nghia is continuing to attract worldwide attention over unique sustainable design.
Now here is a newly coined term on the environmental horizon - Parklet.
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