higher average salary for those that state English is their first language
Will Glover Managing Director - APAC
When compared with global real estate salaries, remuneration across the Asia-Pacific has remained flat. You could argue stricter C-19 restrictions in Asian countries has meant recovery has stalled for a longer period than our international counter-parts.
1 in 2 did receive a pay rise in Asia, mainly from promotions and annual pay reviews, particularly if you are located in China. If you achieved a professional qualification in Hong Kong, or received a counter-offer in Singapore, you were more likely to receive the biggest pay rise
Specialists asset classes award the most remuneration, so good news for those that work in Specialist Residential, Self-Storage, and Data Centers.
This year we have compared average salaries according to respondents’ first language – it makes for an interesting picture. It is clear there is a premium placed for speaking English, and this is most apparent for Hong Kong where average pay is 83% higher than if Mandarin or Cantonese is your first language.
Annual base salaries in Asia
median by specialism and location. (*Limited location data)
This data is based on the information provided by the survey response.
Hiring managers and businesses can receive in-depth salary and bonus bench-marking data – based on recent placements made and up to the minute market trends – for specific job professions by requesting a bespoke report.
In all Asian regions, we see a salary premium placed for those that speak English as a first foreign language, and this is highly evident for Hong Kong SAR, China and other developing countries such as Indonesia, Vietnam, Thailand, Cambodia and Myanmar, where English speaking professionals in Real Estate receive a significantly higher amount than native speakers.