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The state of Asia's real estate

Published Dec 12, 2025 12:05 am  |  Updated Dec 11, 2025 06:14 pm
EDITORS DESK
Fresh from the sessions of the Asia Real Estate Summit (ARES) 2025 at The Athenee Hotel in Bangkok, I left with one clear takeaway: Asia’s property landscape is shifting—quietly in some corners, dramatically in others—but always with intention.
Powered by PropertyGuru, this year’s summit gathered the full breadth of the real estate ecosystem: developers, investors, agents, designers, policymakers, and media. It felt less like a conference and more like a barometer of where our cities and communities are headed.
With the theme “Trusted Marketplaces, Thriving Communities,” ARES 2025 delivered a series of conversations that underscored that the future of real estate in Asia is no longer just about building; it’s about building better.
The sessions spanned the region’s economic outlook, the evolution of experiential design, the rise of branded residences, wellness-anchored communities, and the powerful entry of AI into property markets.
Jules Kay, general manager of Awards and Events at PropertyGuru Group, opened the summit by framing this year’s ethos: “We are connecting technology with design, finance with sustainability, data with human experience, policy with innovation, these all come together at ARES.”
It was an apt keynote for a program intent on revealing how interwoven the industry has become. Real estate today sits at the intersection of climate, digital transformation, demographic shifts, and new forms of consumer behavior. The old siloed approach simply won’t work anymore.
One of the clearest snapshots of the region came from Syetarn Hansakul, senior analyst for Southeast Asia at The Economist Intelligence Corporate Network. Her keynote on the state of the region’s economy was frank: 2026 will see a slowdown. But what she emphasized was not contraction but more on resilience. In a world of geopolitical tension, AI disruption, and changing policy landscapes, Asia is learning to adapt faster than before.
Hansakul highlighted three major shifts shaping the region. First, AI will transform how people interact, not just with each other, but with systems such as property search, investment decisions, building management, and even city planning. Next, geopolitics will force industries to navigate new realities. Supply chain reconfiguration, shifting alliances, and tariff policies will affect how developers plan, source, and build. Third, policy is evolving, and tariff structures are changing how business strategies unfold.
Yet despite the projected slowdown, growth is far from stalled. Hansakul pointed out that India remains the regional star with a forecast of 6.2 percent growth in 2026, while Vietnam, Indonesia, China, and the Philippines are also expected to rise. Inflation across Asia remains low, with rates expected to fall further, giving property markets more room to breathe.
One encouraging trend is how ASEAN is becoming greener. Energy efficiency is improving: dependency on fossil fuel is decreasing; and climate-aligned policies are finally showing measurable results. For the real estate world, this is more than welcome.
Stepping back from the discussions, what struck me most at ARES 2025 was its coherence. Every talk, whether on design or data, seemed to converge on a shared premise of communities must thrive for markets to thrive. And trust—between developers and homebuyers, between governments and citizens, between technology and its users—is the new foundation on which Asia’s real estate must be built.
ARES 2025 delivered exactly what the industry needed, a meaningful, grounded conversation about where Asia stands, and where it must go next.
(Rey Robes Ilagan is the editor of Manila Bulletin’s Lifestyle section.)
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