Price/Rent Ratio in Asia

Asia: Price/rent ratio

This ratio is typically used for measuring undervaluation/overvaluation of real estate prices, calculated by dividing the average house price with the average yearly rent. In essence, it provides us with information about how many years it would take to earn back our investment in the current market situation. Usually, any value up to 20 could be considered as a potential investment market (the lower the value, the better). However, this does not take into account any taxes or other costs that are related to the purchase and rental process.

When wereas theise data collected? Click on individual countries to see the data collection date.

Statistics in Asia. Asia has surprisingly good house price statistics, though the quality varies greatly. The ex-British colonies tend to have good house price statistics Hong Kong, Singapore and Malaysia all have excellent houses price time series, the best being Hong Kong, where the data is arguably richer than in the UK, since there are official rents statistics. However in the Indian sub-continent, only India has house price statistics, and this only in a new series, not yet available on the web.

Japan publishes no house price statistics. Its ex-colonies do better: Korea has a good house price time-series, and Taiwan also has one.

Indonesia has house price statistics, and so does China (both of questionable quality). In Thailand, the Bank of Thailand publishes a time-series. In the Philippines, Colliers produces residential property data.

No house-price time-series are produced in Vietnam, Cambodia, or Laos.