House building industries. Asia pacific

Yung YAU*

*Corresponding author for this work

Research output: Book Chapters | Papers in Conference ProceedingsReference EntryResearchpeer-review

3 Citations (Scopus)

Abstract

The house-building industry has three main functional sectors: residential land development, housing production, and house marketing and sales. It also has close links with hundreds of upstream and downstream industries in an economy. While the house-building industries in North America and Western Europe are relatively mature, those found in many parts of the Asia-Pacific region are still under development. Despite their short average history, the house-building industries in the region are growing fast and have been the engines for economic development in the region. This overview of the house-building industries in Japan, South Korea, Singapore, China, Thailand, and Malaysia focuses on important differences in the maturity and pace of development across jurisdictions. Fast economic growth in the less developed countries has offered opportunities for intensive development in the industry. Yet, issues like quality assurance and environmental sustainability have posed challenges to the house-building sector in the region. © 2012

Original languageEnglish
Title of host publicationInternational Encyclopedia of Housing and Home
EditorsSusan SMITH
PublisherElsevier
Pages187-194
Number of pages8
ISBN (Print)9780080471716
DOIs
Publication statusPublished - 2012
Externally publishedYes

Keywords

  • Asia pacific
  • Construction
  • Economic growth
  • House building
  • Property development

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