CINXE.COM
Property
<!DOCTYPE html> <html lang="en"> <head><script type="text/javascript" src="/_static/js/bundle-playback.js?v=HxkREWBo" charset="utf-8"></script> <script type="text/javascript" src="/_static/js/wombat.js?v=txqj7nKC" charset="utf-8"></script> <script>window.RufflePlayer=window.RufflePlayer||{};window.RufflePlayer.config={"autoplay":"on","unmuteOverlay":"hidden"};</script> <script type="text/javascript" src="/_static/js/ruffle/ruffle.js"></script> <script type="text/javascript"> __wm.init("https://web.archive.org/web"); __wm.wombat("http://asia.nikkei.com/Markets/Property","20150908234730","https://web.archive.org/","web","/_static/", "1441756050"); </script> <link rel="stylesheet" type="text/css" href="/_static/css/banner-styles.css?v=S1zqJCYt" /> <link rel="stylesheet" type="text/css" href="/_static/css/iconochive.css?v=3PDvdIFv" /> <!-- End Wayback Rewrite JS Include --> <meta http-equiv="Content-Type" content="text/html; charset=utf-8"/> <meta http-equiv="Content-Script-Type" content="text/javascript"/> <meta http-equiv="Content-Style-Type" content="text/css"/> <meta http-equiv="Pragma" content="no-cache"/> <meta http-equiv="Cache-Control" content="no-cache, must-revalidate"/> <meta http-equiv="Expires" content="-1"/> <meta http-equiv="X-UA-Compatible" content="IE=edge"/> <meta name="keywords" content=""/> <meta name="description" content=""/> <meta property="og:title" content="Property"/> <meta property="og:description" content=""/> <meta property="og:image" content="/web/20150908234730im_/http://asia.nikkei.com/var/site_cache/storage/images/node_43/settings/common-setting/9833-119-eng-GB/Common-setting.png"> <title>Property</title> <meta property="og:url" content="https://web.archive.org/web/20150908234730/http://asia.nikkei.com/Markets/Property"/> <meta property="og:site_name" content="Nikkei Asian Review"/> <link rel="canonical" href="https://web.archive.org/web/20150908234730/http://asia.nikkei.com/Markets/Property"/> <link rel="apple-touch-icon-precomposed" href="/web/20150908234730im_/http://asia.nikkei.com/apple-touch-icon-precomposed.png"> <link rel="stylesheet" href="/web/20150908234730cs_/http://asia.nikkei.com/css/jquery-ui-1.10.3.custom.min.css"/> <link rel="stylesheet" href="/web/20150908234730cs_/http://asia.nikkei.com/css/common_v015.css"/> <link rel="stylesheet" href="/web/20150908234730cs_/http://asia.nikkei.com/css/style_v023.css"/> <link rel="stylesheet" href="/web/20150908234730cs_/http://asia.nikkei.com/css/custom/modal_v002.css"/> <link rel="stylesheet" href="/web/20150908234730cs_/http://asia.nikkei.com/extension/ezfind/design/standard/stylesheets/ezajax_autocomplete.css"/> <script src="/web/20150908234730js_/http://asia.nikkei.com/JavaScript/jquery-1.10.1.min.js"></script> <script src="/web/20150908234730js_/http://asia.nikkei.com/JavaScript/jquery-ui-1.10.3.custom.min.js"></script> <script src="/web/20150908234730js_/http://asia.nikkei.com/JavaScript/nar_v018.js"></script> <script src="/web/20150908234730js_/http://asia.nikkei.com/JavaScript/slider_v001.js"></script> <script type="text/javascript"> (function() { var useSSL = 'https:' == document.location.protocol; var src = (useSSL ? 'https:' : 'http:') + '//web.archive.org/web/20150908234730/http://www.googletagservices.com/tag/js/gpt.js'; document.write('<scr' + 'ipt src="' + src + '"></scr' + 'ipt>'); })(); </script> <script type="text/javascript"> googletag.defineSlot('/7049/NikkeiEnglish_728*90', [728, 90], 'div-gpt-ad-1375148224113-0').addService(googletag.pubads()); googletag.defineSlot('/7049/NikkeiEnglish_300*250_1', [300, 250], 'div-gpt-ad-1375148072299-0').addService(googletag.pubads()); googletag.defineSlot('/7049/NikkeiEnglish_300*250_2', [300, 250], 'div-gpt-ad-1375260461786-0').addService(googletag.pubads()); googletag.defineSlot('/7049/NikkeiEnglish_300*250_3', [300, 250], 'div-gpt-ad-1404116812193-0').addService(googletag.pubads()); googletag.defineSlot('/7049/NikkeiEnglish_InRead_Article', [1, 1],'div-gpt-ad-1396427317542-0').addService(googletag.pubads()); googletag.defineSlot('/7049/NikkeiEnglish_InBoard_Article', [1, 1], 'div-gpt-ad-1410933087819-0').addService(googletag.pubads()); googletag.pubads().enableSyncRendering(); googletag.pubads().enableSingleRequest(); googletag.pubads().collapseEmptyDivs(); googletag.enableServices(); </script> <script type="text/javascript"> var YUI3_config = {base: "/extension/ezjscore/design/standard/lib/yui/3.9.0/build/", modules: {}, combine: false}; var YUI2_config = {base: "/extension/ezjscore/design/standard/lib/yui/2.8.2/build/", modules: {}, combine: false}; </script> <script type="text/javascript" src="/web/20150908234730js_/http://asia.nikkei.com/js/c15aa8f.js"></script> <script type="text/javascript"> <!-- login_flag = false; var authority = "A1"; var memberId = ""; var aid = ""; // Google analytics --> </script> <script type="text/javascript"> <!-- release_flag = false; article_limit_notice_free = Number( "5" ); article_limit_free = Number( "5" ); article_limit_notice = Number( "5" ); article_limit = Number( "5" ); article_limit_alert_free = "1:2,2:2,3:2,4:2,5:2".split(","); var article_limit_alert_free_list = []; for (var prop in article_limit_alert_free){ article_limit_alert_free_list.push( article_limit_alert_free[prop].split(":")); } article_limit_alert = "1:2,2:2,3:2,4:2,5:2".split(","); var article_limit_alert_list = []; for (var prop in article_limit_alert){ article_limit_alert_list.push( article_limit_alert[prop].split(":")); } expiration_notice = Number( "7" ); --> </script> <script type="text/javascript"><!-- $(function() { if(("user_section" in window) && ("user_status" in window)){ if (user_section == 1 && user_status == 2){ if(!NAR_js.has_cookie('odm')) { NAR_js.modal_gd('02_01'); NAR_js.set_oneday_cookie('odm'); } } } }); --></script> <script>(function() { var _fbq = window._fbq || (window._fbq = []); if (!_fbq.loaded) { var fbds = document.createElement('script'); fbds.async = true; fbds.src = '//web.archive.org/web/20150908234730/http://connect.facebook.net/en_US/fbds.js'; var s = document.getElementsByTagName('script')[0]; s.parentNode.insertBefore(fbds, s); _fbq.loaded = true; } _fbq.push(['addPixelId', '1076130949081971']); })(); window._fbq = window._fbq || []; window._fbq.push(['track', 'PixelInitialized', {}]); </script> <noscript><img height="1" width="1" alt="" style="display:none" src="https://web.archive.org/web/20150908234730im_/https://www.facebook.com/tr?id=1076130949081971&ev=PixelInitialized"/></noscript> </head> <body> <!-- /#header --> <div id="header"> <div class="header-banner"> <!-- NikkeiEnglish_728*90--> <div id="div-gpt-ad-1375148224113-0" style="width:728px; height:90px;"> <script type="text/javascript"> googletag.display('div-gpt-ad-1375148224113-0'); </script> </div> <div id="login_before" class=""><a href="https://web.archive.org/web/20150908234730/https://regist.asia.nikkei.com/member/register/?n_cid=NARAN041"><img src="/web/20150908234730im_/http://asia.nikkei.com/static/pr/pc_header_230x90.jpg" alt=""/></a></div> </div> <div class="header-content"> <h1 class="logo"><a href="/web/20150908234730/http://asia.nikkei.com/"><img src="/web/20150908234730im_/http://asia.nikkei.com/images/img_logo.png" alt="Nikkei Asian Review"/></a></h1> <div class="header-tool"> <ul class="base-list"> <li><a href="javascript:void(0)" class="js_balloon">Log in</a></li> <li><a href="/web/20150908234730/http://asia.nikkei.com/member/register/?n_cid=NARAN040">Subscribe</a></li> <li><a href="/web/20150908234730/http://asia.nikkei.com/about">About Nikkei Asian Review</a></li> </ul> <div> <div class="change-region">Sort by Region <table> <tr> <td><a href="/web/20150908234730/http://asia.nikkei.com/search/findByRegion?facet_region=1">Mainland China</a></td> <td><a href="/web/20150908234730/http://asia.nikkei.com/search/findByRegion?facet_region=2">North Korea</a></td> </tr> <tr> <td><a href="/web/20150908234730/http://asia.nikkei.com/search/findByRegion?facet_region=3">South Korea</a></td> <td><a href="/web/20150908234730/http://asia.nikkei.com/search/findByRegion?facet_region=4">Japan</a></td> </tr> <tr> <td><a href="/web/20150908234730/http://asia.nikkei.com/search/findByRegion?facet_region=5">Taiwan</a></td> <td><a href="/web/20150908234730/http://asia.nikkei.com/search/findByRegion?facet_region=6">Hong Kong, Macau</a></td> </tr> <tr> <td><a href="/web/20150908234730/http://asia.nikkei.com/search/findByRegion?facet_region=7">Vietnam</a></td> <td><a href="/web/20150908234730/http://asia.nikkei.com/search/findByRegion?facet_region=8">Laos, Cambodia, Myanmar</a></td> </tr> <tr> <td><a href="/web/20150908234730/http://asia.nikkei.com/search/findByRegion?facet_region=9">Thailand</a></td> <td><a href="/web/20150908234730/http://asia.nikkei.com/search/findByRegion?facet_region=10">Malaysia</a></td> </tr> <tr> <td><a href="/web/20150908234730/http://asia.nikkei.com/search/findByRegion?facet_region=11">Singapore</a></td> <td><a href="/web/20150908234730/http://asia.nikkei.com/search/findByRegion?facet_region=12">Philippines</a></td> </tr> <tr> <td><a href="/web/20150908234730/http://asia.nikkei.com/search/findByRegion?facet_region=13">Indonesia</a></td> <td><a href="/web/20150908234730/http://asia.nikkei.com/search/findByRegion?facet_region=14">India</a></td> </tr> <tr> <td><a href="/web/20150908234730/http://asia.nikkei.com/search/findByRegion?facet_region=15">Pakistan, Bangladesh,Sri Lanka, Nepal, Bhutan</a></td> <td><a href="/web/20150908234730/http://asia.nikkei.com/search/findByRegion?facet_region=16">Mongolia, Central Asia, Afghanistan</a></td> </tr> <tr> <td><a href="/web/20150908234730/http://asia.nikkei.com/search/findByRegion?facet_region=17">Russia, Caucasus</a></td> <td><a href="/web/20150908234730/http://asia.nikkei.com/search/findByRegion?facet_region=18">Australia, New Zealand, Pacific Islands</a></td> </tr> <tr> <td><a href="/web/20150908234730/http://asia.nikkei.com/search/findByRegion?facet_region=19">Turkey</a></td> <td><a href="/web/20150908234730/http://asia.nikkei.com/search/findByRegion?facet_region=20">Iran</a></td> </tr> <tr> <td><a href="/web/20150908234730/http://asia.nikkei.com/search/findByRegion?facet_region=21">Middle East, North Africa</a></td> <td><a href="/web/20150908234730/http://asia.nikkei.com/search/findByRegion?facet_region=22">Sub-Saharan Africa</a></td> </tr> <tr> <td><a href="/web/20150908234730/http://asia.nikkei.com/search/findByRegion?facet_region=23">Europe</a></td> <td><a href="/web/20150908234730/http://asia.nikkei.com/search/findByRegion?facet_region=24">North America</a></td> </tr> <tr> <td><a href="/web/20150908234730/http://asia.nikkei.com/search/findByRegion?facet_region=25">Latin America</a></td> </tr> </table> </div> <div> <form name="searchHeadArticles" action="/web/20150908234730/http://asia.nikkei.com/search/find"> <div class="search-box" id="ezautocomplete"> <input id="SearchText" class="pHolder" name="search_keyword" autocomplete="off" type="text" title="Search articles"/> <a href="#">search</a> <div id="header-autocomplete-rs"></div> </div> </form> <script language="JavaScript" type="text/javascript"> jQuery('#header-autocomplete-rs').css('width', '174px'); var autocomplete = new eZAJAXAutoComplete({ url: "/ezjscore/call/custom::autocomplete", inputid: 'SearchText', containerid: 'header-autocomplete-rs', minquerylength: 2, resultlimit: 5 }); </script> </div> <div> <form name="searchHeadCompanies" action="/web/20150908234730/http://asia.nikkei.com/Company/SearchResults"> <div class="search-box" id="ezautocomplete"> <input id="SearchText" class="pHolder" name="search_keyword" autocomplete="off" type="text" title="Search companies"/> <a href="#">search</a> </div> </form> </div> </div> </div> <div id="modal-login-balloon"> <div class="js_form-login-balloon_loading-layer" style="position: absolute; top: 0; left: 0; right: 0; bottom: 0; background: rgba(255, 255, 255, 0.3); z-index: 120; display: none;"></div> <img src="/web/20150908234730im_/http://asia.nikkei.com/images/bg_load_2.gif" alt="loading..." class="js_form-login-balloon_loading-img" style="position: absolute; top: 50%; left: 50%; margin-left: -24px; margin-top: -24px; z-index: 150; display: none;"/> <form id="js_form-login-balloon" class="bg" action="https://web.archive.org/web/20150908234730/https://regist.asia.nikkei.com/member/auth/login/process"> <div class="login-form"> <h3 class="title">Log in</h3> <div class="input-form"> <dl> <dt>E-mail address/ID</dt> <dd class="js_valid js_notnull js_type_loginId"> <input type="text" class="js_vc-mail" name="formLogin[loginId]" id="js_form-login-balloon_loginId" msg_require="Please enter your e-mail address/ID" msg_type="Please enter valid e-mail address/ID" maxlength="100" style="ime-mode: disabled;"/> <p class="error"></p> </dd> <dt>Password<span class="arrow"><a href="/web/20150908234730/http://asia.nikkei.com/member/password/" tabindex="-1">Forgot password?</a></span></dt> <dd class="js_valid js_notnull"> <input type="password" name="formLogin[password]" id="js_form-login-balloon_password" msg_require="Please enter your password" maxlength="30"/> <p class="error"></p> </dd> </dl> <div><label><input type="checkbox" checked="checked" name="formLogin[rememberMe]" id="js_form-login-balloon_rememberMe"/>Remember me</label></div> <div class="login-btn"><button type="submit" id="login-balloon-submit" class="general-submit-btn js_btn-submit"><span>Log in</span></button></div> <input type="hidden" name="formLogin[mode]" id="js_form-login-balloon_mode" value="NORMAL"/> </div> </div> </form> <a class="close-btn js_close">close</a> <script type="text/javascript"><!-- $(document).ready( function() { $("#js_form-login-balloon").submit( function() { NAR_js.login($("#js_form-login-balloon")); return false; }); }); --></script> </div><!-- /#login-balloon --> </div> <div class="navigation active"> <div class="inner"> <ul> <li><a href="/web/20150908234730/http://asia.nikkei.com/">Home</a></li> <li class="list-open"> <a href="/web/20150908234730/http://asia.nikkei.com/Politics-Economy/">Politics & Economy</a> <div class="list-menu"> <ul> <li><a href="/web/20150908234730/http://asia.nikkei.com/Politics-Economy/Policy-Politics">Policy & Politics</a></li> <li><a href="/web/20150908234730/http://asia.nikkei.com/Politics-Economy/Economy/">Economy</a></li> <li><a href="/web/20150908234730/http://asia.nikkei.com/Politics-Economy/International-Relations/">International Relations</a></li> </ul> </div> </li> <li class="list-open"> <a href="/web/20150908234730/http://asia.nikkei.com/Business/">Business</a> <div class="list-menu"> <ul> <li><a href="/web/20150908234730/http://asia.nikkei.com/Business/Companies/">Companies</a></li> <li><a href="/web/20150908234730/http://asia.nikkei.com/Business/AC"> ASEAN 100 / India 40</a></li> <li><a href="/web/20150908234730/http://asia.nikkei.com/Business/Trends/">Trends</a></li> <li><a href="/web/20150908234730/http://asia.nikkei.com/Business/Deals">Deals</a></li> <li><a href="/web/20150908234730/http://asia.nikkei.com/Business/Executive-Lounge">Executive Lounge</a></li> <li><a href="/web/20150908234730/http://asia.nikkei.com/Business/Consumers/">Consumers</a></li> </ul> </div> </li> <li class="list-open"> <a href="/web/20150908234730/http://asia.nikkei.com/Markets/">Markets</a> <div class="list-menu"> <ul> <li><a href="/web/20150908234730/http://asia.nikkei.com/Markets/Capital-Markets/">Capital Markets</a></li> <li><a href="/web/20150908234730/http://asia.nikkei.com/Markets/Equities">Equities</a></li> <li><a href="/web/20150908234730/http://asia.nikkei.com/Markets/Currencies/">Currencies</a></li> <li><a href="/web/20150908234730/http://asia.nikkei.com/Markets/Commodities/">Commodities</a></li> <li><a href="/web/20150908234730/http://asia.nikkei.com/Markets/Property/">Property</a></li> <li><a href="/web/20150908234730/http://asia.nikkei.com/Markets/Tokyo-Market/">Tokyo Market</a></li> <li><a href="/web/20150908234730/http://asia.nikkei.com/Markets/Nikkei-PMI/">Nikkei PMI</a></li> </ul> </div> </li> <li class="list-open"> <a href="/web/20150908234730/http://asia.nikkei.com/Tech-Science/">Tech & Science</a> <div class="list-menu"> <ul> <li><a href="/web/20150908234730/http://asia.nikkei.com/Tech-Science/Tech/">Tech</a></li> <li><a href="/web/20150908234730/http://asia.nikkei.com/Tech-Science/Science/">Science</a></li> </ul> </div> </li> <li class="list-open"> <a href="/web/20150908234730/http://asia.nikkei.com/Viewpoints/">Viewpoints</a> <div class="list-menu"> <ul> <li><a href="/web/20150908234730/http://asia.nikkei.com/Viewpoints/Perspectives/">Perspectives</a></li> <li><a href="/web/20150908234730/http://asia.nikkei.com/Viewpoints/Geopolitico/">Geopolitico</a></li> <li><a href="/web/20150908234730/http://asia.nikkei.com/Viewpoints/Economeister/">Economeister</a></li> <li><a href="/web/20150908234730/http://asia.nikkei.com/Viewpoints/Editorial/">Editorial</a></li> </ul> </div> </li> <li class="list-open"> <a href="/web/20150908234730/http://asia.nikkei.com/Life-Arts/">Life & Arts</a> <div class="list-menu"> <ul> <li><a href="/web/20150908234730/http://asia.nikkei.com/Life-Arts/Life/">Life</a></li> <li><a href="/web/20150908234730/http://asia.nikkei.com/Life-Arts/Arts/">Arts</a></li> <li><a href="/web/20150908234730/http://asia.nikkei.com/Life-Arts/Education/">Education</a></li> <li><a href="/web/20150908234730/http://asia.nikkei.com/Life-Arts/Milestone/">Milestone</a></li> </ul> </div> </li> <li class="list-open"> <a>Features</a> <div class="list-menu"> <ul> <li><a href="/web/20150908234730/http://asia.nikkei.com/Features/Redback-tracker/">Redback tracker</a></li> <li><a href="/web/20150908234730/http://asia.nikkei.com/Features/Accounting-scandal/">Accounting scandal</a></li> <li><a href="/web/20150908234730/http://asia.nikkei.com/Features/Market-Turmoil/">Market Turmoil</a></li> <li><a href="/web/20150908234730/http://asia.nikkei.com/Features/China-up-close/">China up close</a></li> <li><a href="/web/20150908234730/http://asia.nikkei.com/Features/Kim-s-North-Korea/">Kim's North Korea</a></li> <li><a href="/web/20150908234730/http://asia.nikkei.com/Features/BOJ-Watch/">BOJ Watch</a></li> <li><a href="/web/20150908234730/http://asia.nikkei.com/Features/The-Future-of-Asia-2015/">The Future of Asia 2015</a></li> </ul> </div> </li> <li><a href="/web/20150908234730/http://asia.nikkei.com/Japan-Update/">Japan Update</a></li> <li><a href="/web/20150908234730/http://asia.nikkei.com/magazine">Magazine</a></li> </ul> </div> </div> </div><!-- /#header --> <div id="content"> <div class="primary"> <div class="topic-path"> <ul> <li class="last"><a href="/web/20150908234730/http://asia.nikkei.com/Markets">Markets</a></li> </ul> </div> <h1 class="glance">Property</h1> <div class="article list-area"> <div class="article-box"> <div class="column-layout feature list no-image"> <div class="feature-article"> <div class="sub-title">34-story tower</div> <h2 class="title"><a href="/web/20150908234730/http://asia.nikkei.com/Markets/Property/Mitsubishi-Philippine-partner-join-in-Manila-skyscraper-project">Mitsubishi, Philippine partner join in Manila skyscraper project</a></h2> <p>TOKYO -- Japanese trading house Mitsubishi Corp. plans to build a major rental building in Manila with a Philippine developer, to meet growing demand for office space in the capital. The roughly 12 billion yen ($99.9 million) project is planned f...</p> </div> </div> </div> <div class="article-list "> <div class="article-box text-list"> <ul> <li> <div class="sub-title">Asian investment</div> <h3 class="title"><a href="/web/20150908234730/http://asia.nikkei.com/Markets/Property/Chinese-Malaysians-buying-up-Singapore-properties">Chinese, Malaysians buying up Singapore properties</a></h3> <p>SINGAPORE -- More Chinese and Malaysians are buying Singapore properties due to economic and political uncertainty at home, according to a recent report by DTZ, a real estate services company. Almost 60% of foreign purchases were made by mainland...</p> </li> <li> <div class="sub-title">Susheela Rivers</div> <h3 class="title"><a href="/web/20150908234730/http://asia.nikkei.com/Markets/Property/Asia-to-draw-renewed-interest-from-property-investors">Asia to draw renewed interest from property investors</a></h3> <p>Asia has been an attractive destination for inbound property investment for years. Global investors have poured money into the region in the hope of high returns. However, 2014 saw a surge in the value of outbound real estate deals utilizing capital ...</p> </li> <li> <div class="sub-title">Kyoritsu Maintenance and partners</div> <h3 class="title"><a href="/web/20150908234730/http://asia.nikkei.com/Markets/Property/Japanese-real-estate-fund-to-snap-up-dorm-buildings">Japanese real estate fund to snap up dorm buildings</a></h3> <p>TOKYO -- Kyoritsu Maintenance will work with financial and mortgage companies to purchase existing dormitory buildings via a jointly operated fund worth around 10 billion yen ($79.7 million). The Japanese operator of student and employee dormitor...</p> </li> <li> <div class="sub-title">Real estate peaks</div> <h3 class="title"><a href="/web/20150908234730/http://asia.nikkei.com/Markets/Property/Rents-reach-record-highs-in-Tokyo-s-Ginza-district">Rents reach record highs in Tokyo's Ginza district</a></h3> <p>TOKYO -- Rents for stores in the upscale Ginza shopping district are at record levels, buoyed by foreign luxury brands mounting aggressive store-opening drives to attract foreign tourists with money to spend in Japan. For shops facing main street...</p> </li> <li> <div class="sub-title">Big projects on hold</div> <h3 class="title"><a href="/web/20150908234730/http://asia.nikkei.com/Markets/Property/Myanmar-s-coming-elections-spell-r-i-s-k-for-investors">Myanmar's coming elections spell r-i-s-k for investors</a></h3> <p>YANGON -- The lead-up to Myanmar's general election, scheduled for Nov. 8, has ushered in new political uncertainties, and the electoral results could stall the country's democratic transition after decades of military rule. Rapid economic reform...</p> </li> <li> <div class="sub-title">Min Lan Tan</div> <h3 class="title"><a href="/web/20150908234730/http://asia.nikkei.com/Markets/Property/China-s-tumbling-markets-should-not-derail-Japan">China's tumbling markets should not derail Japan</a></h3> <p>Despite share volatility in China, Japanese companies have enough interests elsewhere not to worry, writes Min Lan Tan.</p> </li> <li> <div class="sub-title">Residential real estate</div> <h3 class="title"><a href="/web/20150908234730/http://asia.nikkei.com/Markets/Property/Prices-of-pre-owned-Tokyo-condos-climb">Prices of pre-owned Tokyo condos climb</a></h3> <p>TOKYO -- Sales prices of existing condominiums in central Tokyo have surpassed the properties' values when new as foreign and domestic investment continues to drive up demand in the area. Prices on condos sold last year in Tokyo's six central war...</p> </li> <li> <div class="sub-title">Thinking long term </div> <h3 class="title"><a href="/web/20150908234730/http://asia.nikkei.com/Markets/Property/Sovereign-wealth-funds-step-up-property-investments-in-Asia">Sovereign wealth funds step up property investments in Asia</a></h3> <p>LONDON -- Sovereign wealth funds from around the world are pouring money into Asian property to diversify their portfolios as real estate prices surge in major Western cities. The looming U.S. interest rate hike has prompted investors to shift fr...</p> </li> <li> <div class="sub-title">Land to be 5% of portfolio</div> <h3 class="title"><a href="/web/20150908234730/http://asia.nikkei.com/Markets/Property/Norway-sovereign-fund-CEO-sees-promise-in-Japan-real-estate">Norway sovereign fund CEO sees promise in Japan real estate</a></h3> <p>LONDON -- Sovereign wealth funds are becoming an increasingly important force in global financial markets as they grow, and real estate is making up a bigger slice of their assets. In a recent interview with The Nikkei, Yngve Slyngstad, CEO of No...</p> </li> <li> <div class="sub-title">Sam Biggins</div> <h3 class="title"><a href="/web/20150908234730/http://asia.nikkei.com/Markets/Property/Global-investors-beat-path-to-New-Zealand-property-market">Global investors beat path to New Zealand property market</a></h3> <p>The country is giving real estate players plenty of reasons to put aside past concerns, writes Sam Biggins.</p> </li> <li> <div class="sub-title">True state of real estate</div> <h3 class="title"><a href="/web/20150908234730/http://asia.nikkei.com/Markets/Property/Secondhand-house-data-worries-Tokyo-market-watchers">Secondhand house data worries Tokyo market watchers</a></h3> <p>TOKYO -- Prices of secondhand condominiums in Greater Tokyo are rising thanks to brisk investment activity. The value of used detached houses, however, is stagnating. This has some experts concerned about the true state of housing demand -- and what ...</p> </li> <li> <div class="sub-title">Blueprint for survival </div> <h3 class="title"><a href="/web/20150908234730/http://asia.nikkei.com/Markets/Property/Japanese-developers-building-their-future-overseas">Japanese developers building their future overseas</a></h3> <p>TOKYO -- Japanese property developers are enjoying a perky home market at the moment thanks to growing demand from overseas investors and the approach of the Tokyo Olympics in 2020. But unsure about how long the good times will last, many of them are...</p> </li> <li> <div class="sub-title">Office space squeeze</div> <h3 class="title"><a href="/web/20150908234730/http://asia.nikkei.com/Markets/Property/Tokyo-commercial-rents-keep-climbing">Tokyo commercial rents keep climbing</a></h3> <p>TOKYO -- Rents on office space in central Tokyo have risen for 18 consecutive months as vacancy rates drop and supply tightens, with further hikes likely to accelerate. The average offered rent per 3.3 square meters of office space jumped to 17,4...</p> </li> <li> <div class="sub-title">Cutting out brokers</div> <h3 class="title"><a href="/web/20150908234730/http://asia.nikkei.com/Markets/Property/Sony-Yahoo-Japan-plan-online-service-that-links-up-homeowners-buyers">Sony, Yahoo Japan plan online service that links up homeowners, buyers</a></h3> <p>TOKYO -- Sony and Yahoo Japan are set to launch an online market for previously occupied residences later this year, letting homeowners and prospective buyers negotiate prices over the Internet. The service, to be operated by Yahoo, initially wil...</p> </li> <li> <div class="sub-title">ASEAN investment</div> <h3 class="title"><a href="/web/20150908234730/http://asia.nikkei.com/Markets/Property/Thai-REITs-grow-as-yields-increase-9-months-after-debut">Thai REITs grow as yields increase 9 months after debut</a></h3> <p>BANGKOK -- Thailand's real estate investment trusts are starting to make small strides nine months after debuting last October. Investors are being lured by big-name listings and high dividend yields. Amata Summit Growth Freehold and Leasehold RE...</p> </li> <li> <div class="sub-title">Real estate boom</div> <h3 class="title"><a href="/web/20150908234730/http://asia.nikkei.com/Markets/Property/Tokyo-is-Asia-s-hottest-investment-destination">Tokyo is Asia's hottest investment destination</a></h3> <p>TOKYO -- Tokyo is Asia's hottest city for real estate investment, in terms of offices, retail facilities and hotels, according to U.S. real estate services firm CBRE. Total real estate investment into Japan during the first quarter of this year r...</p> </li> <li> <div class="sub-title">From mainland to land of rising sun</div> <h3 class="title"><a href="/web/20150908234730/http://asia.nikkei.com/Markets/Property/Chinese-buyers-eye-Japanese-condos">Chinese buyers eye Japanese condos</a></h3> <p>HONG KONG -- Property buyers in mainland China are turning away from their tightly regulated home market and looking instead to Japan, where they find high-quality real estate. JP Housing, a Hong Kong-based broker offering real estate tours to Ja...</p> </li> <li> <div class="sub-title">Japan property</div> <h3 class="title"><a href="/web/20150908234730/http://asia.nikkei.com/Markets/Property/Increased-foreign-investment-pushes-up-commercial-rents">Increased foreign investment pushes up commercial rents</a></h3> <p>TOKYO -- Overseas investors spent 158 billion yen ($1.27 billion) to buy Japanese properties in the January-March quarter. This is double the figure from a year earlier, according to property advisory CBRE. The figure accounts for 14% of the market t...</p> </li> <li> <div class="sub-title">Real estate boom</div> <h3 class="title"><a href="/web/20150908234730/http://asia.nikkei.com/Markets/Property/Is-Australia-leaning-on-a-house-of-cards">Is Australia leaning on a house of cards?</a></h3> <p>SYDNEY -- The Australian housing market is riding high. While some of the country's top officials worry about a bubble, others are hailing the boom. The median price for detached homes in the January-March quarter stood at 914,056 Australian doll...</p> </li> </ul> </div> <div class="pagination"> <div class="first-page"></div> <ul class="page-number"> <li style="width:83px;"></li> <li class="current">1</li> <li><a href="/web/20150908234730/http://asia.nikkei.com/Markets/Property?page=2">2</a></li> <li><a href="/web/20150908234730/http://asia.nikkei.com/Markets/Property?page=3">3</a></li> <li><a href="/web/20150908234730/http://asia.nikkei.com/Markets/Property?page=4">4</a></li> <li><a href="/web/20150908234730/http://asia.nikkei.com/Markets/Property?page=5">5</a></li> <li><a href="/web/20150908234730/http://asia.nikkei.com/Markets/Property?page=6">6</a></li> <li><a href="/web/20150908234730/http://asia.nikkei.com/Markets/Property?page=7">7</a></li> <li style="width:83px;"><a href="/web/20150908234730/http://asia.nikkei.com/Markets/Property?page=2" class="next">Next ></a></li> </ul> <div class="last-page"><a href="/web/20150908234730/http://asia.nikkei.com/Markets/Property?page=16">Last >></a></div> </div> </div> </div> </div> <div class="secondary"> <div class="link-box "> <h5 class="title">Editor's picks</h5> <ul class="headline-list"> <li> <a href="/web/20150908234730/http://asia.nikkei.com/Politics-Economy/International-Relations/Japan-dismayed-by-Indonesia-s-decision-to-turn-down-high-speed-train-plans"><span class="sub-title-s">Duel with China ends in draw: </span>Japan dismayed by Indonesia's decision to turn down high-speed train plans</a> </li> <li> <a href="/web/20150908234730/http://asia.nikkei.com/Tech-Science/Tech/Kawasaki-Heavy-fighting-for-place-in-hydrogen-economy"><span class="sub-title-s">Energy development: </span>Kawasaki Heavy fighting for place in 'hydrogen economy'</a> </li> <li> <a href="/web/20150908234730/http://asia.nikkei.com/Politics-Economy/Policy-Politics/Thailand-s-new-draft-charter-drawing-fire"><span class="sub-title-s">Undemocratic provisions: </span>Thailand's new draft charter drawing fire</a> </li> <li> <a href="/web/20150908234730/http://asia.nikkei.com/Features/Market-Turmoil/Does-China-really-have-3.6tn-in-foreign-reserves"><span class="sub-title-s">Markets on edge: </span>Does China really have $3.6tn in foreign reserves?</a> </li> <li> <a href="/web/20150908234730/http://asia.nikkei.com/Politics-Economy/Policy-Politics/Saudi-King-Salman-shakes-things-up-at-the-top"><span class="sub-title-s">Succession issue resolved: </span>Saudi King Salman shakes things up at the top</a> </li> </ul> </div> <div class="rectangle"> <!-- NikkeiEnglish_300*250_1 --> <div id="div-gpt-ad-1375148072299-0" style="width:300px;"> <script type="text/javascript"> googletag.display('div-gpt-ad-1375148072299-0'); </script> </div> </div> <div id="obSidebar"></div> <script type="text/javascript"> var obCheck = document.querySelectorAll('.articleBodyText p').length; if (obCheck >= 1) { var obElement = document.createElement('div'); obElement.className = "OUTBRAIN"; var obUrl = location.href; obUrl = obUrl.split( '?' ); obElement.setAttribute("data-src", obUrl[0]); obElement.setAttribute("data-widget-id", "SB_1"); obElement.setAttribute("data-ob-template", "Nikkei_Asian_Review_EN"); var obObject = document.getElementById("obSidebar"); obObject.appendChild(obElement); }; </script> <script type="text/javascript" async="async" src="https://web.archive.org/web/20150908234730js_/http://widgets.outbrain.com/outbrain.js"></script> <div class="link-box "> <h5 class="title notice">Most read</h5> <ul class="ranking-list"> <li class="number1"> <a href="/web/20150908234730/http://asia.nikkei.com/Politics-Economy/International-Relations/US-warships-might-make-a-pass-by-China-s-man-made-islets"><span class="sub-title-s">South China Sea: </span>US warships might make a pass by China's man-made islets</a> </li> <li class="number2"> <a href="/web/20150908234730/http://asia.nikkei.com/Politics-Economy/Economy/China-to-face-tough-economic-conditions-for-up-to-10-yrs-minister">China to face tough economic conditions for up to 10 yrs: minister</a> </li> <li class="number3"> <a href="/web/20150908234730/http://asia.nikkei.com/Politics-Economy/Economy/The-root-of-China-s-economic-troubles-It-s-politics-stupid"><span class="sub-title-s">Minxin Pei: </span>The root of China's economic troubles? It's politics, stupid </a> </li> <li class="number4"> <a href="/web/20150908234730/http://asia.nikkei.com/Business/Companies/New-smartwatch-comes-with-a-secret-surprise"><span class="sub-title-s">Tag Heuer CEO interview: </span>New smartwatch comes with a secret 'surprise'</a> </li> <li class="number5"> <a href="/web/20150908234730/http://asia.nikkei.com/Markets/Commodities/Japanese-rice-growers-see-exports-booming"><span class="sub-title-s">Windfall from price drops: </span>Japanese rice growers see exports booming</a> </li> </ul> </div> <div class="link-box follow-nikkei"> <h5 class="title">Follow Nikkei Asian Review</h5> <ul class="snsicon-list"> <li class="Twitter"><a href="https://web.archive.org/web/20150908234730/https://twitter.com/NAR" target="_blank">Twitter</a></li> <li class="Facebook"><a href="https://web.archive.org/web/20150908234730/https://www.facebook.com/nikkeiasianreview" target="_blank">Facebook</a></li> <li class="Google"><a href="https://web.archive.org/web/20150908234730/https://plus.google.com/+NikkeiAsianReview/" target="_blank">Google+</a></li> <li class="LinkedIn"><a href="https://web.archive.org/web/20150908234730/http://www.linkedin.com/company/nikkei-asian-review" target="_blank">LinkedIn</a></li> <li class="RSS"><a href="/web/20150908234730/http://asia.nikkei.com/info/rss" target="_blank">RSS</a></li> </ul> </div> <div class="rectangle"> <!-- NikkeiEnglish_300*250_2 --> <div id="div-gpt-ad-1375260461786-0" style="width:300px;"> <script type="text/javascript"> googletag.display('div-gpt-ad-1375260461786-0'); </script> </div> </div> <div class="link-box "> <h5 class="title notice"><a href="/web/20150908234730/http://asia.nikkei.com/Latestheadlines">Latest headlines</a></h5> <ul class="headline-list"> <li> <a href="/web/20150908234730/http://asia.nikkei.com/Markets/Equities/US-stocks-rally-taking-cues-from-overseas">US stocks rally, taking cues from overseas</a> </li> <li> <a href="/web/20150908234730/http://asia.nikkei.com/Politics-Economy/Policy-Politics/Economy-poses-biggest-hurdle-to-Abe-s-staying-power"><span class="sub-title-s">Marathon man?: </span>Economy poses biggest hurdle to Abe's staying power</a> </li> <li> <a href="/web/20150908234730/http://asia.nikkei.com/Politics-Economy/Economy/Japan-s-front-line-workers-turn-gloomier-about-economy"><span class="sub-title-s">China, stock worries: </span>Japan's front-line workers turn gloomier about economy</a> </li> <li> <a href="/web/20150908234730/http://asia.nikkei.com/Markets/Tokyo-Market/Market-rocked-by-high-yield-bonds-with-a-catch"><span class="sub-title-s">Market Scramble: </span>Market rocked by high-yield bonds with a catch</a> </li> <li> <a href="/web/20150908234730/http://asia.nikkei.com/Business/Trends/Female-outside-directors-double-at-major-Japanese-companies"><span class="sub-title-s">Now nearly 1 in 10: </span>Female outside directors double at major Japanese companies</a> </li> </ul> <div class="more"><a href="/web/20150908234730/http://asia.nikkei.com/Latestheadlines">more</a></div> </div> <div class="rectangle"> <!-- NikkeiEnglish_300*250_3 --> <div id="div-gpt-ad-1404116812193-0" style="width:300px;"> <script type="text/javascript"> googletag.display('div-gpt-ad-1404116812193-0'); </script> </div> </div> <!-- NikkeiEnglish_InRead_Article --> <div id="div-gpt-ad-1396427317542-0" style="width:1px; height:1px;"> <script type="text/javascript"> var vdCheck = document.querySelectorAll('.BrightcoveExperience param').length; if(!(vdCheck >= 1)){ googletag.display('div-gpt-ad-1396427317542-0'); } </script> </div> <!-- NikkeiEnglish_InBoard_Article --> <div id="div-gpt-ad-1410933087819-0" style="width:1px; height:1px;"> <script type="text/javascript"> var obCheck = document.querySelectorAll('.articleBodyText p').length; var vdCheck = document.querySelectorAll('.BrightcoveExperience param').length; if ((obCheck >= 1) && !(vdCheck >= 1)) { googletag.cmd.push(function() { googletag.display('div-gpt-ad-1410933087819-0'); }); } </script> </div> </div> </div><!-- /#content --> <div id="footer"> <div class="footer-content"> <img src="/web/20150908234730im_/http://asia.nikkei.com/images/img_logo_footer.png" alt="Nikkei Asian Review"/> <div class="footer-link"> <ul class="snsicon-list"> <li class="Twitter"><a href="https://web.archive.org/web/20150908234730/https://twitter.com/NAR" target="_blank">Twitter</a></li> <li class="Facebook"><a href="https://web.archive.org/web/20150908234730/https://www.facebook.com/nikkeiasianreview" target="_blank">Facebook</a></li> <li class="Google"><a href="https://web.archive.org/web/20150908234730/https://plus.google.com/+NikkeiAsianReview/" target="_blank">Google+</a></li> <li class="LinkedIn"><a href="https://web.archive.org/web/20150908234730/http://www.linkedin.com/company/nikkei-asian-review" target="_blank">LinkedIn</a></li> <li class="RSS"><a href="/web/20150908234730/http://asia.nikkei.com/info/rss" target="_blank">RSS</a></li> </ul> <ul class="appstore-link"> <li><a href="https://web.archive.org/web/20150908234730/http://itunes.com/apps/thenikkeiasianreview" target="_blank"><img src="/web/20150908234730im_/http://asia.nikkei.com/images/banner_appstore.png" alt="App store"/></a></li> <li><a href="https://web.archive.org/web/20150908234730/https://play.google.com/store/apps/details?id=com.nikkei.asianreview" target="_blank"><img src="/web/20150908234730im_/http://asia.nikkei.com/images/banner_googleplay.png" alt="google play"/></a></li> </ul> </div> </div> <ul class="footer-nav base-list"> <li><a href="/web/20150908234730/http://asia.nikkei.com/info/about">About Nikkei Asian Review</a></li> <li><a href="/web/20150908234730/http://asia.nikkei.com/info/sitemap">Site map</a></li> <li><a href="/web/20150908234730/http://asia.nikkei.com/info/help">Help</a></li> <li><a href="/web/20150908234730/http://asia.nikkei.com/contact">Contact us</a></li> <li><a href="/web/20150908234730/http://asia.nikkei.com/info/terms-of-use">Terms of use</a></li> <li><a href="/web/20150908234730/http://asia.nikkei.com/info/copyright">Copyright</a></li> <li><a href="/web/20150908234730/http://asia.nikkei.com/info/privacy">Privacy & cookie policy</a></li> <li><a href="/web/20150908234730/http://asia.nikkei.com/info/advertising">Advertising</a></li> <li><a href="/web/20150908234730/http://asia.nikkei.com/info/announcements">Announcements</a></li> </ul> <!-- Cxense script begin --> <div id="cX-root" style="display:none"></div> <script type="text/javascript"> var cX = cX || {}; cX.callQueue = cX.callQueue || []; cX.callQueue.push(['setSiteId', '9222348813034720882']); cX.callQueue.push(['sendPageViewEvent']); </script> <script type="text/javascript"> (function() { try { var scriptEl = document.createElement('script'); scriptEl.type = 'text/javascript'; scriptEl.async = 'async'; scriptEl.src = ('https:' == location.protocol) ? 'https://web.archive.org/web/20150908234730/https://scdn.cxense.com/cx.js' : 'https://web.archive.org/web/20150908234730/http://cdn.cxense.com/cx.js'; var targetEl = document.getElementsByTagName('script')[0]; targetEl.parentNode.insertBefore(scriptEl, targetEl); } catch (e) {};} ()); </script> <!-- Cxense script end --> <div class="footer-tool"> <div class="copyright">Copyright © 2015 Nikkei Inc. All rights reserved.</div> <div class="language"> <ul class="base-list"> <li><a href="https://web.archive.org/web/20150908234730/http://www.nikkei.com/" target="_BLANK">Japanese</a></li> <li><a href="https://web.archive.org/web/20150908234730/http://cn.nikkei.com/" target="_BLANK">Chinese</a></li> </ul> </div> </div> </div><!-- /#footer --> <div id="ms-link"> <ul> <li><a href="javascript:void(0);" onclick="javascript:NAR_js.view_change('sp');">Mobile site</a></li> </ul> </div> <div id="modal_gd02_01" class="util"> <h3 class="title">Update your payment information</h3> <div> <p>Your subscription renewal could not be processed. Please update your payment information to continue enjoying the Nikkei Asian Review.</p> <div class="login-btn"><a href="/web/20150908234730/http://asia.nikkei.com/member/edit/plan?return_url=/Markets/Property&n_cid=NARAN007" class="general-btn" id="resubscribe"><span>Resubscribe now</span></a></div> </div> <a class="close-btn js_close" href="#">Close</a> <div style="display:none" class="ga" id="MDLogin(FreeUser)"></div> </div><!-- /#modal --> <div id="modal-screen_gd02_01"></div> <div id="modal_gd06_01" class="util expiration"> <h3 class="title">Your trial period has expired</h3> <div> <p> Subscribe today to continue enjoying NAR.<br> • Unlimited access to asia.nikkei.com<br> • Unlimited access to NAR mobile and tablet apps<br> • Add delivery of NAR in print each week </p> <div class="login-btn"><a href="/web/20150908234730/http://asia.nikkei.com/member/register/?return_url=/Markets/Property&n_cid=NARAN006" class="general-btn" id="subscribe"><span>See all offers and subscribe</span></a></div> </div> <a class="close-btn js_close" href="#">Close</a> <div style="display:none" class="ga" id="MDExpired(TrialUser)"></div> </div><!-- /#modal --> <div id="modal-screen_gd06_01"></div> <div id="footer-script"> <script type="text/javascript"> var page = "1"; if(typeof authority === "undefined"){ var authority = ""; } if(typeof memberId === "undefined"){ var memberId = ""; } var viewMode = "PC"; </script> <!--SiteCatalyst code--> <script type="text/javascript"> var now = new Date(); var pageName = location.href; var channel = "NAR"; var server = document.domain; var pageType = ""; var prop1 = "NAR-Markets"; var prop2 = "NAR-Markets-Property"; var prop3 = ""; var prop4 = ""; var prop5 = page; var prop6 = now.getHours(); var prop9 = ""; var prop10 = ""; var prop11 = ""; var prop12 = ""; var prop25 = ""; var prop26 = ""; var prop27 = ""; var prop28 = authority; var prop29 = ""; var prop34 = viewMode; var prop44 = memberId; </script> <!-- SiteCatalyst code version: H.9. Copyright 1997-2007 Omniture, Inc. More info available at http://www.omniture.com --> <script language="JavaScript" src="https://web.archive.org/web/20150908234730js_/http://parts.nikkei.com/parts/SC/NAR/s_codeNAR20141101.js"></script> <script language="JavaScript" src="https://web.archive.org/web/20150908234730js_/http://cdn.nikkei.com/parts/SC2/s_cDS.js"></script> <script language="JavaScript"> <!-- if(navigator.appVersion.indexOf('MSIE')>=0)document.write(unescape('%3C')+'\!-'+'-') //--></script> <noscript><a href="https://web.archive.org/web/20150908234730/http://www.omniture.com/" title="Web Analytics"><img src="https://web.archive.org/web/20150908234730im_/http://nikkei.d1.sc.omtrdc.net/b/ss/nikkeicojpgrpmstallprod,nikkeicojpdsmstallprod,nikkeicojpnarprod/1/H.9--NS/0" height="1" width="1" border="0" alt=""/> </a></noscript> <!--/DO NOT REMOVE/--> <!-- End SiteCatalyst code version: H.9. --> <!--/SiteCatalyst code--> <script> (function(i,s,o,g,r,a,m){i['GoogleAnalyticsObject']=r;i[r]=i[r]||function(){ (i[r].q=i[r].q||[]).push(arguments)},i[r].l=1*new Date();a=s.createElement(o), m=s.getElementsByTagName(o)[0];a.async=1;a.src=g;m.parentNode.insertBefore(a,m) })(window,document,'script','//web.archive.org/web/20150908234730/http://www.google-analytics.com/analytics.js','ga'); ga('create', 'UA-44606671-1', 'asia.nikkei.com'); // Set custom dimension if(login_flag != "undefined"){ ga('set', 'dimension1', login_flag); } if(authority != "undefined" && authority != ""){ ga('set','dimension2', authority); } if(memberId != "undefined" && memberId !=""){ ga('set','dimension3', memberId); } if( aid != ""){ ga('set','dimension4', aid); } if(viewMode != "undefined"){ ga('set','dimension5', viewMode); } // Send view ga('send', 'pageview'); // Send event if(NAR_js.isCount == true){ ga('send', 'event', 'Article', 'countUp', 'Article-countUp', NAR_js.user_view_count); } if(NAR_js.oneClickFree == true){ ga('send', 'event', 'OneClickFree', 'view', 'OneClickFree-view'); } setTimeout("ga('send', 'event', 'unbounce', '15_sec')", 15000); </script> <!-- Sailthru Horizon --> <script type="text/javascript"> var obCheck = document.querySelectorAll('.articleBodyText p').length; var urlCheck1 = document.location.href.search(/\/info\/announcements\//); var urlCheck2 = document.location.href.search(/\/static\//); if (obCheck >= 1 && urlCheck1 == -1 && urlCheck2 == -1){ (function() { function loadHorizon() { var s = document.createElement('script'); s.type = 'text/javascript'; s.async = true; s.src = location.protocol + '//web.archive.org/web/20150908234730/http://ak.sail-horizon.com/horizon/v1.js'; var x = document.getElementsByTagName('script')[0]; x.parentNode.insertBefore(s, x); } loadHorizon(); var oldOnLoad = window.onload; window.onload = function() { if (typeof oldOnLoad === 'function') { oldOnLoad(); } Sailthru.setup({ domain: 'horizon.asia.nikkei.com', concierge:{cssPath:'https://web.archive.org/web/20150908234730/http://asia.nikkei.com/static/st/recommendation_20141020.css'} }); }; })(); } </script> <script type="text/javascript"> _bizo_data_partner_id = "7600"; </script> <script type="text/javascript"> (function() { var s = document.getElementsByTagName("script")[0]; var b = document.createElement("script"); b.type = "text/javascript"; b.async = true; b.src = (window.location.protocol === "https:" ? "https://web.archive.org/web/20150908234730/https://sjs" : "https://web.archive.org/web/20150908234730/http://js") + ".bizographics.com/insight.min.js"; s.parentNode.insertBefore(b, s); })(); </script> <noscript> <img height="1" width="1" alt="" style="display:none;" src="//web.archive.org/web/20150908234730im_/http://www.bizographics.com/collect/?pid=7600&fmt=gif"/> </noscript> <script type="text/javascript"> /* <![CDATA[ */ var google_conversion_id = 1000997403; var google_custom_params = window.google_tag_params; var google_remarketing_only = true; /* ]]> */ </script> <script type="text/javascript" src="//web.archive.org/web/20150908234730js_/http://www.googleadservices.com/pagead/conversion.js"> </script> <noscript> <div style="display:inline;"> <img height="1" width="1" style="border-style:none;" alt="" src="//web.archive.org/web/20150908234730im_/http://googleads.g.doubleclick.net/pagead/viewthroughconversion/1000997403/?value=0&guid=ON&script=0"/> </div> </noscript> <script type="text/javascript"> window._tfa = window._tfa || []; _tfa.push({notify:"action", name: 'page_view'}); </script> <script src="//web.archive.org/web/20150908234730js_/http://cdn.taboola.com/libtrc/nikkeiasianreview-sc/tfa.js"></script> </div> </body> </html> <!-- FILE ARCHIVED ON 23:47:30 Sep 08, 2015 AND RETRIEVED FROM THE INTERNET ARCHIVE ON 10:31:06 Nov 29, 2024. JAVASCRIPT APPENDED BY WAYBACK MACHINE, COPYRIGHT INTERNET ARCHIVE. ALL OTHER CONTENT MAY ALSO BE PROTECTED BY COPYRIGHT (17 U.S.C. SECTION 108(a)(3)). --> <!-- playback timings (ms): captures_list: 2.433 exclusion.robots: 0.054 exclusion.robots.policy: 0.033 esindex: 0.017 cdx.remote: 80.776 LoadShardBlock: 258.007 (3) PetaboxLoader3.datanode: 195.13 (4) PetaboxLoader3.resolve: 256.598 (2) load_resource: 215.106 -->