Asia-Pacific Real Estate Brokerage - Market Share Analysis, Industry Trends & Statistics, Growth Forecasts (2025 - 2030)
Market Report I 2025-04-28 I 190 Pages I Mordor Intelligence
The Asia-Pacific Real Estate Brokerage Market size is estimated at USD 383.92 billion in 2025, and is expected to reach USD 471.83 billion by 2030, at a CAGR of 4.21% during the forecast period (2025-2030).
Key Highlights
- The real estate brokerage market in Asia-Pacific is mainly driven by a surge in urbanization and foreign investment. Urbanization remains a dominant megatrend in the region. Asia hosts over half of the world's urban population, exceeding 2.2 billion people. Projections indicate that by 2050, Asia's urban populace will increase by 50%, adding another 1.2 billion residents.
- Cities across Asia and the Pacific are in charge of global economic opportunities and sustainability endeavors. While they grapple with challenges like environmental degradation, escalating disasters, persistent slums, and social exclusion, they also stand as economic powerhouses, centers of innovation, and champions of cultural heritage preservation.
- Currently, office and retail real estate make up a significant portion of the Asia-Pacific investor portfolio, accounting for a third. However, this landscape is poised for a significant shift. While service sectors, notably hotels and retail, bore the brunt of the COVID-19 pandemic, industrial real estate, especially logistics and distribution centers, recovered soon and witnessed growth, with further expansion on the horizon. Consequently, there is a notable pivot in real estate asset allocation, with a tilt from retail toward industrial properties.
- Historically, office real estate grappled with high vacancy rates, prompting some to pivot toward residential offerings. Yet, there is a glimmer of optimism for 2024, especially in major urban centers where office rentals are projected to rise.
- Investors are increasingly turning their gaze toward niche real estate segments. Data centers, in particular, have garnered significant attention. Notably, Tokyo and Shanghai are the leaders in live data center capacities in the Asia-Pacific region. Another emerging star in the real estate market is the life sciences sector, encompassing a diverse array of medical facilities and properties.
Asia-Pacific Real Estate Brokerage Market Trends
Demand for Residential Segment Driving the Market
- In India, Delhi NCR saw a record-breaking quarter in 2024, with 5,109 high-end housing units sold. Gurgaon dominated the sales, accounting for 79% of the total. The completion of the Dwarka Expressway in Gurgaon played a pivotal role in driving this heightened demand, extending its impact across the city's major corridors.
- New launches in Gurgaon experienced overwhelming demand, with most projects selling out within days. Notably, DLF's Sector 77 project was fully booked within two days of its pre-launch, while Signature Global's Sector 37D project was oversubscribed by 5.4 times during its pre-launch phase. Noida and Delhi also made significant contributions to the high-end sales landscape.
- In Bangkok, market sentiment is on the rise, as highlighted by presales rates exceeding 50% for recent launches. Overall sales have seen a notable uptick, climbing by 20 basis points. Notably, two projects achieved a sell-out in the quarter, nudging the unsold rate down to 3.2%.
- The influx of international buyers is on the rise, helping to offset the limited purchasing power of local buyers. Apartment rental demand is rebounding, driven by a 12% year-on-year increase in tourist arrivals and expats in the first quarter. While the completion of Junit renovations in various projects pushed the vacancy rate to 5.0% in 2024, this growth is viewed as a transient blip, given the robust rental demand.
India Emerging as a Prominent Player with Rising Real Estate Demand
- In Mumbai, homebuyer preferences for spacious homes propelled sales in the high-end category to a new peak. Notably, industrialists, HNIs, C-suites, and entertainment celebrities gravitated toward high-ticket apartments in prime locales like Malabar Hill, Worli, and Bandra.
- Thane emerged as the dominant player, commanding a 21.8% share of the high-end sales, closely trailed by Western Suburbs II and Navi Mumbai. South Central Mumbai and Western Suburbs II witnessed unprecedented sales surges. Noteworthy launches like MICL Aaradhya Avaan in Prime South and Godrej Vistas in the Eastern Suburbs further bolstered these sales.
- Chennai's luxury housing sector saw a remarkable 141% surge in sales from the previous quarter, with hotspots like Kilpauk, Kotturpuram, and Vadapalani, situated in the Central and Off Central submarkets, witnessing heightened activity. Year-on-year, the city's total unit sales also climbed by 25%. This surge in Chennai's luxury housing market is attributed to rising demand for bespoke offerings, global design aesthetics, and top-tier amenities, which resonate with the discerning clientele.
Asia-Pacific Real Estate Brokerage Industry Overview
The Asia-Pacific real estate brokerage market is fragmented in nature. It witnesses a blend of local, regional, and global participants. Market concentration, however, can vary notably, not just between countries but even within cities. Factors shaping this concentration encompass the count of brokerage firms, their market shares, the competitive landscape, regulatory frameworks, and technological strides.
The key players in the market include CBRE Group, JLL, Colliers International, Knight Frank, Savills, etc.
Additional Benefits:
- The market estimate (ME) sheet in Excel format
- 3 months of analyst support
1 INTRODUCTION
1.1 Study Assumptions
1.2 Scope of the Study
2 RESEARCH METHODOLOGY
2.1 Analysis Methodology
2.2 Research Phases
3 EXECUTIVE SUMMARY
4 MARKET DYNAMICS AND INSIGHTS
4.1 Current Market Scenario
4.2 Market Dynamics
4.2.1 Drivers
4.2.1.1 Increasing Urbanization Driving the Market
4.2.1.2 Regulatory Environment Driving the Market
4.2.2 Restraints
4.2.2.1 Market Saturation Restraining the Market
4.2.2.2 Intrest Rate Fluctuations Restraining the Market
4.2.3 Opportunities
4.2.3.1 Technological Advancements Driving the Market
4.3 Value Chain/Supply Chain Analysis
4.4 Government Regulations, Trade Agreements, and Initiatives
4.5 Industry Attractiveness - Porter's Five Forces Analysis
4.5.1 Bargaining Power of Suppliers
4.5.2 Bargaining Power of Consumers
4.5.3 Threat of New Entrants
4.5.4 Threat of Substitute Products
4.5.5 Intensity of Competitive Rivalry
4.6 Impact of COVID-19 on the Market
5 MARKET SEGMENTATION
5.1 By Type
5.1.1 Residential
5.1.2 Non-Residential
5.2 By Service
5.2.1 Sales
5.2.2 Rental
5.3 By Geography
5.3.1 China
5.3.2 India
5.3.3 Japan
5.3.4 Australia
5.3.5 South Korea
5.3.6 Southeast Asia
5.3.7 Rest of Asia-Pacific
6 COMPETITIVE LANDSCAPE
6.1 Market Concentration Overview
6.2 Company Profiles
6.2.1 CBRE Group
6.2.2 JLL
6.2.3 Colliers International
6.2.4 Knight Frank
6.2.5 Savills
6.2.6 Cushman & Wakefield
6.2.7 Century 21 Real Estate
6.2.8 ERA Real Estate
6.2.9 RE/MAX
6.2.10 Coldwell Banker*
6.3 Other Companies
7 FUTURE OF THE MARKET
8 APPENDIX
Content is provided by our partners and every effort is made to make Market Report details as clear as possible. If you are not sure the exact content you require is included in this study you can Contact us to double check. To do this you can:
Use the ‘? ASK A QUESTION’ below the license / prices and to the right of this box. This will come directly to our team who will work on dealing with your request as soon as possible.
Write to directly on support@scotts-international.com with details. Please include as much information as possible including the name of report or link so our staff will be able to work on you request.
Telephone us directly on 0048 603 394 346 and an experienced member of team will be on hand to answer.
With the vast majority of our partners we can obtain Sample Pages to support your decision. This is something we can arrange without revealing your personal details.
It is important to note that we will not be able to provide you the exact data or statistics such as Market Size and Forecasts. Sample pages usually confirm the layout or the Categories included in Charts and Graphs, excluding specific data.
To ask for Sample Pages by contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
Whilst we try to make our online platform as easy to use as possible there is always the possibility that a better alternative has not been found in your search.
To avoid this possibility Contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346 and a Senior Team Member can review your requirements and send a list of possibilities with opinions and recommendations.
All prices are set by our partners and should be exactly the same as those listed on their own websites. We work on a Revenue share basis ensuring that you never pay more than what is offered elsewhere.
Should you find the price cheaper on another platform we recommend you to Contact us as we should be able to match this price. You can Contact us though through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
As we work in close partnership with our Partners from time to time we can secure discounts and assist with negotiations, this is part of our personalised service to you.
Discounts can sometimes be arranged for speedily placed orders; multiple report purchases or Higher License purchases.
To check if a Discount is possible please Contact our experienced team through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
Most Market Reports on our platform are listed in USD or EURO based on the wishes of our Partners. To avoid currency fluctuations and potential price differentiations we do not offer the possibility to change the currency online.
Should you wish to pay in a different currency to that advertised online we do accept payments in USD, EURO, GBP and PLN. The price will be calculated based on the relevant exchange rate taken from our National Bank.
To pay in a different above currency to that advertised online please Contact our team and a quotation will be sent within a couple of hours with payment details.
License options vary from Partner to Partner as is usually based on the number of Users that will benefitting from the report. It is very important that License ordered is not breached as this could have potential negative consequences for you individually or your employer.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
The Global Site License is the most comprehensive license available. By selecting this license, the Market Report can be shared with other ‘Allowed Users’ and any other member of staff from the same organisation regardless of geographic location.
It is important to note that this may exclude Parent Companies or Subsidiaries.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
The most common format is PDF, however in certain circumstances data may be present in Excel format or Online, especially in the case of Database or Directories. In addition, for certain higher license options a CD may also be provided.
If you have questions or need clarification about the specific formats we recommend you to Contact us and a detailed explanation will be provided.
Delivery is fulfilled by our partners directly. Once an order has been placed we inform the partner by sharing the delivery email details given in the order process.
Delivery is usually made within 24 hours of an order being placed, however it may take longer should your order be placed prior to the weekend or if otherwise specified on the Market Report details page. Additionally, if details have been not fully completed in the Order process a delay in delivery is possible.
If a delay in delivery is expected you will be informed about it immediately.
As most Market Reports are delivered in PDF format we almost never have to add additional Shipping Charges. If, however you are ordering a Higher License service or a specific delivery format (e.g. CD version) charges may apply.
If you are concerned about additional Shipping Charges we recommend you to Contact us to double check.
We work in Partnership with PayU to ensure payments are made securely in a fast and effortless way. PayU is the e-payments division of Naspers.
Naspers operates in over 133 International Markets and ranks 3rd Globally in terms of the number of e-commerce customers served.
For more information on PayU please visit: https://www.payu.pl/en/about-us
If you require an invoice prior to payment, this is possible. To ensure a speedy delivery of the Market Report we require all relevant company details and you agree to maximum payment terms of 30 days from receipt of order.
With our regular clients deliver of the Market Report can be made prior to receiving payment, however in some circumstances we may ask for payment to be received before arranging for the Market Report to be delivered.
We have specifically partnered with leading International companies to protect your privacy by using different technologies and processes to ensure security.
Everything submitted to Scotts International is encrypted via SSL (Secure Socket Layer) and all personal information provided to Scotts International is stored on computer systems with limited access in controlled environments.
We partner with PayU (https://www.payu.pl/en/about-us) to ensure all credit card payments are made securely in a fast and effortless way.
PayU offers 250+ various payment channels and eWallet services across 4 continents allowing buyers to pay electronically, whether on a computer or a mobile device.