ABSTRACT

This chapter aims to explore the role of the Asian property market in the sustainable development of Asia's global cities. It focuses on the relationship between property market structures and sustainable urban development. The chapter discusses the concept of urban sustainability with reference to selected Asian world cities. It also focuses on those cities that dominate their countries in terms of population and economic importance. The progress of a property market on a sustainable development pathway means a gradual improvement in the skills of urban decision-makers in realising positive city developments. The chapter aims to measure the individual and comparative progressive performance of Asia's ten property markets towards sustainability. To increase the progressive performance of the Asian property market towards sustainability, all-round structural improvements will have to be carried out, especially with regards to the issues of workers' rights, job security, market transparency, corruption, illegal activities, speculation and unskilled labour.