Pick types

Secondary market

Established city or metro outside the primary gateway CBD — often better value per sqm.

Definition

In our briefs, a secondary market is a city or metro area that is liquid enough to transact but not yet priced like Singapore, central Bangkok, or KLCC. Think Johor Bahru vs Singapore, Chiang Mai vs Sukhumvit, or Da Nang vs District 1. These are core to our "opposite of gateway cities" thesis.

Also called: secondary

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