Coronavirus and the impact on the Asian real estate market
With the outbreak of any new virus comes a high degree of uncertainty.
While we remain optimistic that economic and market disruption will prove to be temporary, the GDP growth in Mainland China and emerging Asia will likely moderate in Q1.
As long as the number of coronavirus cases remains low in the rest of the world, the impact on the global economy is likely to be mild and temporary.
This note provides an initial assessment on the coronavirus and its impact on the performance of real estate markets.