A recent JLL Report (Jones Lang LaSalle) noted that “urbanisation”, a growing middle class and the imminent integration of the ASEAN Economic Community (AEC) will continue to drive investment
in the region’s property markets. Indeed, signs of growth can be seen across the region. e Philippines has been enjoying strong economic growth together with a stable currency and one of its largest developers, Ayala Land, is starting to make itself better known outside its homeland. We feature one of its properties, East Gallery Place (pg 14), this issue and you will be hearing more about them in the coming issues. Vietnam has nally announced the easing of rules for foreigners investing in the country and this will create some excitement for those waiting on the sideline for years. Elsewhere, Myanmar is getting more attention from investors. In Malaysia, the market may not be performing at its best but developers we spoke to, are con dent that units will still sell if the asking prices are not
