News

Here’s what to expect from Tokyo’s office market for the rest of 2023

Analysts expect its present stable trajectory to continue.

Here’s what to expect from Tokyo’s office market for the rest of 2023

Analysts expect its present stable trajectory to continue.

Bangkok retail supply currently at 7.6m sqm as of mid-2023

A few mega shopping centres are under construction.

Singapore real estate investment sales to hit S$18 to S$20b this year

This is adjusted from the previous projection of S$20-S$22b.

Tokyo Grade A office rents inch up 0.1% in Q3

And average vacancy rates slightly softened to 3.4%.

Bali hotel room supply now at nearly 60,000

This is a 0.8% decline from 2019 supply levels.

Hong Kong property investment fails to breach the HK$10b mark yet again

Total commercial investment volume reached only HK$6.9b in Q3.

Guess which area has the highest Grade B office vacancy rate in Tokyo

The vacancy rate was at 8.2% in Q3, and has been consistently high since the pandemic.

MQDC taps new gen preference in new project

The company aims to attain multi-generational living through their offerings.

Slow leasing momentum persists in Hong Kong’s industrial sector

Warehouse vacancy increased to 5.5% in Q3.

Outbound Singapore investments drop 62% to S$2.7b in Q3

Blame it on rising interest rates and market uncertainties.

Singapore real estate investment finally recovers after five consecutive quarters of decline

Total investment grew 19% to S$6.9b in Q3.

Bangkok retail rental discounts reduced to 0-4% in mid-2023

Foreign arrivals have reached 80% of pre-pandemic levels.

Hong Kong Grade A office leasing volume up 32% to 1m sq ft in Q3

There was a significant level of activity in Kowloon East.

Nearly 13,000 Singapore HDB flats up for grabs in Q4

Around 6,800 units will be launched in October.

Tokyo and Manila amongst top 5 cities globally with the highest luxury home price growth

Prices in Tokyo and Manila grew by 26.2% and 19.9%, respectively.

Thailand warehouse supply up 9.3% to 5.6m sqm in H1

Nearly half of this supply is in the Bangkok Metropolitan Region.

New supply of business parks in Singapore to drop to 818,000 sq ft in 2025

This is a massive decline from the new supply of 3.3 million sq ft GFA projected for 2024.