Skip to main content Skip to footer

Asia Pacific Expert Insights | June 2022

RESEARCHAPACExpertInsightsMaySiteHero1536x1040px

Our experts discuss the rise of Shanghai’s biomedical industry, rising construction costs in India, the intensification of development in New Zealand, the burgeoning tech industry in Taiwan and the significance benchmarking plays in sustainability.


Markets to highlight this month:

 
China
 
 
India
 
 
NZ
 
 
Taiwan
 
 
Singapore

 

China | Shanghai's Biomedical Center Of Excellence

 

Shanghai’s biomedical demand has surged, and core business parks have low vacancy and a scarcity of high-spec R&D space.


Colliers sees bright growth prospects for the biomedical industry, fueled in part by capital market financing. We expect Shanghai business parks, especially those with mature biomedical clusters and a sufficient biomedical talent base, to continue to be hotspots for biomedical occupiers and institutional investors. Considering the limited future supply in core business parks, developers and investors should maximize the value of their properties by working with occupiers to understand their special requirements and implement their development and renovation plans.

Read more

Back to top

India | Rising Construction Costs To Push Real Estate Prices In 2022

 

Since 2021, developers have been experiencing increasing pressure due to the rising cost of raw materials owing to supply-side constraints.


The cost of key materials like cement and steel have risen over 20% yearly as of March 2022. These constitute a predominant share in the total cost of construction. Construction costs are up 10-12% YOY, with these surging costs likely to translate into increased real estate prices. So far, however, developers have been cautious about increasing prices as the market recovers from the aftermath of Covid.

Read more

Back to top

New Zealand | Development Intensification Accelerating And Expanding

 

The National Policy Statement and Medium Density Residential Standards aim to compel councils to accelerate intensification of development.


The National Policy Statement on Urban Design (NPS-UD) and the introduction of Medium Density Residential Standards (MDRS) are the latest steps being taken by the government to compel councils, within New Zealand’s highest growth cities, to accelerate intensification of development.

Read more

Back to top

Taiwan | Technology Drives Real Estate Demand

 

Over the next two years, we expect both purchase and lease demand from the technology industry to drive the market.


Since 2020, the tech industry has been the main driver of Taiwan’s economy. In addition to typical leases or purchases, tech companies are using diversified property acquisition strategies. Over the next two years, we expect both purchase and lease demand from the technology industry will drive the market. We recommend investors look for opportunities in tech clusters such as the Nangang, Neihu and Hsinchu areas. We also recommend developers and landlords upgrade their facilities and management services.

Read more

Back to top

Singapore | Importance Of Sustainability Benchmarking

 

Our experts can help identify trends and translate insights into actionable steps to improve your building's sustainability.


Most businesses typically have a good sense of their performance in relation to their peers, but it is more difficult to know how you stack up in terms of sustainability. Here, it is important to engage professionals to unlock sustainability’s full potential. Colliers’ experts combine your data with a detailed understanding of sustainable asset management to identify meaningful trends and translate insights into actionable steps, allowing you to reach your sustainability goals.

Read more

Back to top

 

Key Takeaways

The key takeaways in the infographic below reflect some of the main data points from each of the reports and articles profiled above



Back to top



 

For recommendations and insights into commercial real estate opportunities in these markets, reach out to our experts Chris Dibble, Carlos Shen, Vimal Nadar, Derek Huang, David Berger.

View more of our expert thought leadership here, or visit our research library for past market insights across Asia Pacific. 


Related Experts
China

Carlos Shen

Senior Director

Head of Business Parks | East China

Shanghai

Carlos has 11 years' experiences in commercial real estate industry with solid track records. Carlos' expertise includes site selection, acquisition and disposition for occupiers, as well as investment and sales for developers and investors in Business Parks area at Shanghai.

View expert
India

Vimal Nadar

Senior Director

Research

Mumbai (Corporate Office)

Vimal has a cumulative of about 14 years post qualification (as a Chartered Accountant) experience and recently joined Colliers as the Head of Research. He is responsible for leading and managing India Research operations. He will focus on thought leadership though timely and insightful content to support business growth while elevating the brand  value of the company. Prior to this, he led research thought leadership at JLL and Cushman & Wakefield. He began his professional career with Crisil; business research and consulting being his core areas of work. His areas of expertise include business assessment, demand-supply analysis, market entry strategy, strategic road mapping, etc in sectors such as Real estate, Cement, BFSI and other sub-sectors within the infrastructure domain. 

View expert
Australia

Chris Dibble

Director | Research & Communications

Strategic Advisory

Chris Dibble oversees the delivery of award-winning research reports, PR and Communications for Colliers International New Zealand. With over 13 years of experience and university qualifications in economics, geography, marketing and property, Chris has a  multi-disciplinary approach that assists a broad range of clients in their strategic decision making. Chris is a regular presenter and market commentator with an extensive network of media contacts to discuss the latest insights on current and future property trends. Chris also works with in-house and external writers to curate an audience-focused content delivery strategy for Colliers.

View expert
Taiwan China

Derek Huang

Deputy Managing Director and Head of CMIS

Capital Markets & Investment Services

Taipei

Derek had over 20 years’ working experience in real estate industry, coverage including real estate investment, market research, valuation and asset management.

View expert
Singapore

David Berger

Sustainability Manager

Advisory & Consulting

Singapore

David is a Sustainability Manager for the Real Estate Management Services (REMS) team in Singapore where he is focused on implementing ESG initiatives across the built environment. 

David has over a decade of experience improving building performance through innovative energy efficiency and sustainability solutions. He believes that buildings should be efficient, healthy, comfortable, and accessible for all stakeholders. David has expertise in conducting energy audits across building typologies, performing building-related research, working with certification programs, assessing technical solutions, and creating sustainability plans.

While ESG issues may seem intimidating, David believes they represent key opportunities to improving the operations, performance, and health of buildings and organisations.

View expert