Connect with us

Hong Kong

Real Estate Transparency Index : Thailand ranks 38th, in the semi-transparent tier

JLL’s ninth Global Real Estate Transparency Index reveals which countries provide the most favourable operating environments for investors : Australia and New Zealand top the list in the AP region, followed by Singapore, Hong Kong and Japan.

Daniel Lorenzzo

Published

on

JLL’s ninth Global Real Estate Transparency Index reveals which countries provide the most favourable operating environments for investors : Australia and New Zealand top the list in the AP region, followed by Singapore, Hong Kong and Japan.

Thailand ranks 38th in the semi-transparent tier, far behind Malaysia (28) and event India Tier 1 (36).

Covering 109 markets worldwide, JLL’s Global Real Estate Transparency Index quantifies transparency based on 139 variables relating to transaction processes, regulatory & legal frameworks, corporate governance, performance measurement and data availability.

The most improved region

The Asia Pacific region continues to make strides in transparency, but advances are not uniform across the region with a wide disparity still persisting between markets. Australia and New Zealand have maintained their positions atop the regional ranking and in the global ‘Highly Transparent’ category.

At the other end of the spectrum, Myanmar has held onto the title as the least transparent market in Asia Pacific, but moderate progress has been made following significant economic and political reforms.

Singapore and Hong Kong compete for top spot in Asia

Singapore and Hong Kong remain neck and neck for top spot in Asia; however, both markets have seen little change in overall transparency and continue to be on the border of the ‘Highly Transparent’ category.

Alignment of shareholders’ interests of listed vehicles in Hong Kong still requires improvement, while the depth of real estate data in disaggregated databases in Singapore trails many major global markets. In addition, reconciliation of service charges for facilities management remains an area that both markets lag relative to their market maturity.

jllrealestatetransparencyindex2016

Source : http://www.jll.com/greti/rankings

Taiwan is region’s biggest improver

The region’s biggest improver, Taiwan, has seen marked progress on the back of gains in ‘Market Fundamentals’ and ‘Transaction Process’. A more competitive landscape has elevated occupier service offerings, while policy changes, both new and old, are flowing through to gains in information availability and accuracy. In 2016, a consolidated housing and land tax was introduced which brought the country in line with international standards and helped correct a flaw in the taxation system which saw declared land values often undervalued.

Continue Reading
Advertisement Load WordPress Sites in as fast as 37ms!
Comments

Asean

Accessing the ASEAN Consumer Market: Electronic Accessories

In ASEAN, the electronic accessories sector is highly fragmented with the presence of many premium and unknown brands.

Avatar

Published

on

Pantip Plaza Electronic display

Thanks to the rising affordability of ICT products and falling costs of telecommunication services, digital devices have become part of the daily life of ASEAN consumers.

(more…)
Continue Reading

Asean

ASEAN consumers gain traction

The region has drawn a great deal of attention a site for many infrastructure and development projects under the Belt and Road Initiative, but it is also a dynamic and diverse consumer market.

Avatar

Published

on

Faced with a rapidly changing global environment, many exporters in Hong Kong and Mainland China see their neighbours – the rapidly growing members of the Association of Southeast Asian Nations (ASEAN) – as good markets.

(more…)
Continue Reading

Asean

Accessing the ASEAN Consumer Market: Toys and Games

Despite the rise of e-commerce, bricks-and-mortar stores are still the preferred channel for some categories of toys

Avatar

Published

on

Across many ASEAN nations in recent years, the toys and game industry has continued to be affected by the increasing popularity of online shopping.

(more…)
Continue Reading

Most Read

Upcoming Events

Sep 19

ASEAN (Bangkok)Toys and Preschool Expo

September 19 @ 10:00 am - September 21 @ 7:00 pm BMT
Oct 16

GovInsider Live

October 16 - October 17
Nov 27

The Future Energy Show Thailand

November 27 @ 10:00 am - November 28 @ 5:30 pm BMT
Dec 05

The Healthcare+ Expo Taiwan

December 5 @ 9:00 am - December 8 @ 5:30 pm BMT

Press Release

Subscribe via Email

Enter your email address to subscribe and receive notifications of new posts by email.

Join 11,077 other subscribers

Trending