News

Hong Kong home sales down 12% to 6,133 in July

With the emergence of the third wave of COVID-19, the growth in mass residential capital values slowed to 0.2% m-o-m, compared to a 3.2% increase in the previous month.

Hong Kong home sales down 12% to 6,133 in July

With the emergence of the third wave of COVID-19, the growth in mass residential capital values slowed to 0.2% m-o-m, compared to a 3.2% increase in the previous month.

Asking rents for Kuala Lumpur's prime homes drop by up to 8%

Overall asking rents dropped marginally by 4.5% to MYR 3.42 per sq ft per month.

Hong Kong high street shop rents to decline by up to 40% in 2020

High street shop rents fell 10.1% in Q2 amidst the hiking vacancy pressures.

1 in 2 investors expect APAC real estate investment to recover in H1 2021

Japan, Australia, South Korea, and China likely to see more transactional activity into 2021.

Gross take-up of industrial spaces in Sydney hits record highs in Q2 amidst e-commerce boom

Sydney recorded a total of 476,300 sqm of gross take-up in 2Q20, more than six times higher than the 1Q20 total and more than twice the 10-year quarterly average.

Thailand's unsold rate for condos at its highest since 2011

The unsold rate hit 2.8% in Q2 as over 1,700 units remained unsold.

Hotel investment sales in Asia plummet 71.7% to US$1b in Q2

The most liquid markets were Japan and South Korea.

Tokyo residential rents to stay ‘flattish' as the economy recovers: Savills

Meanwhile, occupancy should hold at the lower end of the 96%-98% range.

New office supply in APAC up 12% YoY in Q2, driven by India and Melbourne CBD

Aggregate new supply in the 19 APAC cities that Colliers tracks closely reached about 1.42 million square metres in Q2 2020.

Philippine logistics demand to grow by 160,000sqm annually over the next 10 years

E-commerce firms and third-party logistics are driving the demand for high-specification spaces.

Singapore sees significant demand for larger flats in mature estates

Competition is tough for units in Ang Mo Kio and Geylang.

Office space absorption in APAC to drop 41% over 2020

Absorption fell 56% QoQ to 0.48 million square metres in Q2.

APAC retail sector poised for sluggish recovery post-COVID

Retail rents are expected to fall sharply in major cities in APAC.

Tokyo's 2020 office supply to reach 17-year high but high occupancy eases glut concerns: Savills

Well over 95% of the supply has already been filled or pre-leased, whilst existing supply has little vacancy.