The Asia Pacific region in 2025 is challenged by the geopolitical uncertainties and struggling property markets attendant to the regional economic and demographic behemoth, China.

China’s demand for products and services — and capital flows in and out of the Pacific colossus — as well as potentially heightened Beijing-Washington trade tensions will leave their mark on Asia Pacific property in 2025, and likely every year in the coming decade.

Nevertheless, despite the Sino elephant in the room, the outlook for Asia Pacific property markets is largely positive, thanks to generally cooling global interest rates and the ongoing, if grinding, international economic recovery from the pandemic era.

The broader Asia Pacific regional GDP should expand by a respectable 4.6 percent in 2024 and then by another 4.4 percent in 2025, the International Monetary Fund (IMF) forecast in early November in its semi-annual regional outlook.

The IMF outlook mostly mirrore