Can the rise of culinary hotspots influence property values? Experts believe it can. From Michelin-starred restaurants to local favorites, the connection between food culture and real estate is transforming how cities across Asia develop and invest.
At the PropertyGuru Asia Real Estate Summit, Michelle Martin, broadcaster and talk show host at Money FM 89.3, moderated an insightful panel exploring this link. Chef Dan Bark, Michelin-starred chef of Cadence by Dan Bark, emphasized that restaurant success goes beyond prime locations, highlighting the importance of accessibility and community engagement, both of which can elevate a neighborhood’s real estate appeal. Tanjira “Fay” Tragoolvongse, co-owner of Cadence, reinforced the idea by stressing the importance of understanding the community before opening any venue.
Keiran Gibb, founder of Monogic, discussed how a venue’s fit with a brand can make or break a restaurant, underscoring the potential impact of F&B-focused developments, like Hong Kong’s F&B towers.
Discover more about how food is shaping real estate markets here.
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