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2024 set to be a ‘quiet year’ for Tokyo’s Grade A office market
A significant supply uptick will not occur until 2025.
2024 set to be a ‘quiet year’ for Tokyo’s Grade A office market
A significant supply uptick will not occur until 2025.
Singapore non-landed home prices increase by 6.5% in 2023
Prices grew at a moderate pace of 2.2% in Q4.
Delhi residential launches plummet 54% in Q1 2024
There were over 3,600 units launched during the quarter.
Seoul office vacancy rates to remain low for the next two years
This is due to the absence of new supply in 2025.
Which segment in Tokyo residential had the most notable shift in Q1 rents?
Average rents increased by 2.3% for smaller units.
Hong Kong retail market not yet out of the woods: Knight Frank
But the leasing market is showing signs of gradual recovery.
APAC office demand rises with offshoring growth
Expansion driven by skilled labour and cost efficiencies.
Singapore Q1 office rents hit record highs since 2008
Rents climbed 1.3% to SGD 11.42 per sq ft per month.
Why Seoul’s office market is still performing better vs APAC neighbours
The city’s transaction volume declined at a slower rate compared to other markets.
Tokyo residential occupancy rate hits 97.2% in Q1
Occupancy rates are expected to maintain its momentum throughout 2024.
Hong Kong Island office rents drop 7.6% in February
Leasing activity in Causeway Bay and North Point was quiet.
Singapore Orchard Road retail rents to rise by up to 5% this year
Meanwhile, average rents in the suburbs are forecast to remain stable.
Why Tokyo’s residential market will remain robust in the near term
Further rental growth is expected in the coming quarters.
Hong Kong residential sees most relaxed market conditions in 14 years
Cooling measures were recently withdrawn.
Seoul prime office segment’s demand and vacancy dynamics revealed
Annual prime office supply averaged 190,000sqm over the past 10 years.
Singapore HDB resale prices rise for 16th consecutive quarter in Q1
Prices grew by 1.7% during the quarter.
Tokyo average residential rents up 5.2% in Q1
It is the second consecutive quarter of rental growth.
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1. Investment opportunities in Australia’s student accommodation sector revealed 2. Office vacancy rate on Hong Kong Island hits a record 12.2% in Q1 3. Australian infrastructure deal value drops by 31% in Q1 4. Hong Kong luxury retail market finally set to recover 5. Why office demand in Bangkok CBD fell to -26,300sqm in Q1Resource Center
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EY’s Seng-Leong Teh emphasises focus on resilience, tenant mix management amidst challenges
![EY’s Seng-Leong Teh emphasises focus on resilience, tenant mix management amidst challenges]()
Co-Written / Partner
Discover the insights of Seng-Leong Teh as he navigates the challenges and opportunities shaping the industry today.
Discover the insights of Seng-Leong Teh as he navigates the challenges and opportunities shaping the industry today.
