Indonesia's Property Market to Outperform Asia-Pacific Market Growth

The uncertainty in the Asia-Pacific prime residential market is likely to continue in 2020, according to Savills' latest forecast. Sydney is predicted to lead the region with more than six percent of capital value growth this year. Lower interest rates, higher immigration, and continued increases in demand support the growth.

Meanwhile, Singapore and Tokyo have proven to be stable markets in the region, which seems to be overwhelmed by ongoing uncertainty. Despite facing demographic challenges, Tokyo consistently performs well economically. Mainland Chinese cities are estimated to record positive growth in 2020, but at a rate below the double-digit annual growth recorded between 2013 and 2017.