January, like December, is often a disrupted period for property exhibitions. With CNY falling at the beginning of February this year, the first half of the month will also have fewer exhibitions. Having said that, January still had over 100 overseas property exhibitions across Hong Kong, Singapore and Kuala Lumpur in January.
The top five country destinations we’re fair close; Australia, the UK, Thailand, Japan and Malaysia. Bangkok continued to lead the way on a city basis as Melbourne, London and Kuala Lumpur followed.
The following fourteen graphs look at the three cities as a whole and are extracted from our upcoming exhibition subscription product, where close to 100 graphs help to paint a picture of overseas exhibition activities across Asia.
The agents graphs show the number of different agents exhibiting a particular country / city. In the subscription product, you’ll be able to see exactly who each agent is.
Australia continued to perform well. Melbourne continues to receive the majority of exhibitions in all three cities. Perth was nowhere to be seen after foreign buyer stamp duty came into effect on Jan 1st.
Brisbane had a relatively strong January and accounted for almost one in three Australia exhibitions and was present every weekend.
You can see on the agents graph that there are a good number of different agencies promoting Australian product. Expect this trend to continue.
UK Property is strong across Hong Kong, Singapore and Kuala Lumpur. The year started off with London having a higher than average proportion of the exhibitions, compared with last year’s performance. Expect more from Manchester and Birmingham as well as Liverpool and other regionals.
It will be interesting to see how the number and performance of exhibitions plays out with Brexit this year.
