, Singapore

Hotel investment sales in Asia-Pac soared 151.1% to US$2.77b

Here are the top three markets.

According to Savills, the total value of Asia Pacific investment sales increased by 151.1%, from US$1.10 billion in Q3/2012 to US$2.77 billion in Q3/2013.

The top three markets of Australia, Singapore and Japan accounted for 83% of the total investment volume of the 15 countries surveyed.

The majority of investors are still chasing prime opportunities across all market segments. The scarcity of core investment opportunities in Hong Kong, Bangkok and Seoul has led to very few transactions across our study area in the reviewed quarter.

The prime yield differential between core and secondary markets has started to narrow, mainly led by yield compression in Singapore and Tokyo. The average yield in our area is between 3.5% and 4.5% for prime hotels, and between 7.0% and 9.0% for prime resort hotels.

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Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book. It has survived not only five centuries, but also the leap into electronic typesetting, remaining essentially unchanged. It was popularised in the 1960s with the release of Letraset sheets containing Lorem Ipsum passages, and more recently with desktop publishing software like Aldus PageMaker including versions of Lorem Ipsum.
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Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book. It has survived not only five centuries, but also the leap into electronic typesetting, remaining essentially unchanged. It was popularised in the 1960s with the release of Letraset sheets containing Lorem Ipsum passages, and more recently with desktop publishing software like Aldus PageMaker including versions of Lorem Ipsum.
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Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley