Commercial Office
India and Australia drive APAC office rental growth in Q1
India and Australia drive APAC office rental growth in Q1
Prime office rents in the region rose 0.8% during the quarter.
Corporates snap up Hong Kong offices for self-use as prices fall
Nine of the ten largest office transactions involved tenants purchasing assets for their own use.
Singapore grade A office rents record strongest growth since 2022
CBD Grade A rents rose 1.4% in Q1 2026.
Relocation wave creates opportunities across Hong Kong office market
Spillover demand from Central supports adjacent districts.
South Jakarta leads outside-CBD office demand as occupancy nears 70%
TB Simatupang was a key outperformer.
Tokyo large-scale grade B office rents surpass 2020 peak
Rents rose nearly 20% year on year in Q1.
Hong Kong office market bifurcation deepens as prime assets outperform
Over half of new leases in 2025 were signed in Central.
Tenant relocations drive Jakarta office demand rebound
Occupancy improved to 75.5% in Q1.
Tokyo prime office rents surge to record 18.2% in Q1 2026
Key wards report near-zero vacancy.
Jakarta total office supply reaches 11.3m sqm as of Q1
CBD accounts for around 65% sqm of the supply.
Singapore grade A office rents forecast to rise 5% in 2026
Tight supply is expected to support office rents through the year.
Thailand sees selective real estate investment despite softer growth
Investors target high-conviction assets in the country.
Metro Manila new office supply drops 55% in 2025 as market recalibrates
Seven projects with 199,000sqm of new space were completed during the year.
Singapore ranked priciest city for office fit-out in APAC
Average fit-out costs in the city reached over US$2,000 per sqm.
Singapore office market tightens further as vacancy falls to a record 3.3% in Q1
Core CBD grade A rents also rose for the fifth straight quarter.
Seoul office investment expected to stay robust in 2026
The strong demand for core assets will support office investments in the city.
Seoul office rents rise 4.3% in 2025 as growth moderates
YBD leads the city’s rental growth as office rents outpace inflation.