TITLE: Emerging real estate markets and urban production dynamics in metropolitan territories: A comparative perspective on continental Southeast Asia

TEAM :

Danielle Labbé, Associate Prof., École d’urbanisme et d’architecture de paysage, Canada Research Chair in Sustainable Urbanization in the Global South

Jean-Philippe Meloche, Associate Prof, École d’urbanisme et d’architecture de paysage

Juan Torres, Prof. Associate Prof École d’urbanisme et d’architecture de paysage

Jacques Fisette, Full Prof., École d’urbanisme et d’architecture de paysage

Gabriel Fauveaud, Invited Prof., Département de géographie

Clément Musil, Associate Researcher, Institut Parisien de Recherche en Architecture, Urbanistique et Société, École d’Architecture de Paris Belleville

DESCRIPTION :

This research program focuses on the contemporary dynamics of urban space production, metropolization and the roles of emerging real estate markets in continental Southeast Asia. The general objective is to shed light on the relationship between real estate dynamics and the formation of metropolitan territories in regions of the developing world whose real estate markets are either emerging or undergoing profound transformations.

Continental Southeast Asia offers a privileged context for this study. The program focuses on four countries in this region, whose markets are at various stages of development: Thailand, Vietnam, Cambodia and Myanmar. Among the range of forms of urban real estate production, the team focuses on large, functionally mixed, residential complexes (eg, new towns, eco-neighborhoods, rehousing areas, residential enclaves, etc.).

The research team adopts a multi-scalar perspective to understand how the real estate dynamics underlying the production and form of these ensembles shape metropolization processes of a region in the midst of urban transition. Three more specific objectives are pursued:

1. Characterize the evolution and functioning of emerging real estate markets in terms in particular of: actors involved, financing arrangements, capital flows, financialization, urban development models and public policies' circulation;
2. Analyze the effects of emerging real estate markets on the formation and development of metropolises and understand the impact of such a functioning on the urban forms produced, the socio-spatial dynamics and ultimately users' experience;
3. Compare the processes and dynamics of Southeast Asian countries with those of other regions. The aim here is to develop a comparative framework that allows exploratory studies in other countries to identify regional specificities and common trends and to establish the basis for the longitudinal study of the links between dynamics urban forms and spatial practices.