News
Singapore core CBD office rents expected to grow by 2% for full year 2023
Grade A office rents have already risen by 1.3% YTD.
Singapore core CBD office rents expected to grow by 2% for full year 2023
Grade A office rents have already risen by 1.3% YTD.
Japan’s hotel market to finally see a full-fledged recovery
Active hotel transactions are projected to continue in H2.
Hong Kong sees improved retail property sales transactions
A retail unit was recently sold for HK$370m.
Queensland retail rents record its largest quarterly movement since Q1 2022
CBD rents declined 2.5% in Q2.
Hong Kong residential transactions up 5.9% in August
There were over 3,200 transactions in total.
Seoul adds over 1,000 new hotel rooms in H1
This includes a luxury project with more than 600 rooms.
Manila residential rents inch up 0.4% in Q2
Capital values also grew slightly by 0.9%.
Singapore’s prime residential market to see stronger interest from locals
The ABSD rate hike is expected to dampen foreign demand.
Sydney beats other Australian cities in hotel investment volumes
Over AUD1.6b worth of transactions took place over the past 18 months to June 2023.
Delhi prime residential prices up 2% in Q2
The highest price growth was recorded in Gurgaon.
These were the recently completed prime residential projects in Jakarta
There was one new luxury condo and two new serviced apartments.
Mumbai new residential launches hit a record 6,284 units in Q2
Launches rose by 26% vs the prior quarter.
Kuala Lumpur sees 1,820 new prime residential units in Q2
These are from three projects that were completed during the quarter.
Hong Kong luxury residential leasing activity increases 30% in Q2
But the persistent high vacancy rate is hindering rent recovery.
Bangkok to add over 3,000 new keys to its hotel supply by year-end
Four additional hotels were opened in Q2 alone.
Bengaluru prime residential rents inch up 0.7% in Q2
Thanks to the return of expats and rising office occupancies.
Melbourne residential rent recovery continues
Asking rents for 2-bed units increased by 15.9% over the past year.