Commercial Office
Delhi office absorption to hit up to 8.4m sq ft by year-end
Delhi office absorption to hit up to 8.4m sq ft by year-end
Gross leasing volume reached an all-time high in 2024.
This is Canberra’s largest office project under construction
It will be completed in Q4 2025.
Bengaluru annual office rents to rise by 4 to 4.5% until 2026
CBD rents are expected to increase by up to 7%.
Adelaide office absorption breaches 10-year quarterly average
Net absorption hit 3,500sqm in Q4 2024.
Singapore strata office transaction value to hit S$1b in 2025
There are several sites providing opportunities.
Malaysian office sector undergoes ‘recalibration’
Vacancies in older buildings are rising as tenants move to premium Grade A spaces.
Brisbane CBD office absorption hits 16,300sqm in Q4
Thanks to large tenant movements from various industries.
Ho Chi Minh City to see 165,000sqm of new office supply this year
The city is expected to add 85,000sqm of new supply annually from 2026 onwards.
Singapore strata office sales down 2.6% to S$1.1b in 2024
There were 325 units sold throughout the year.
APAC offices renovations to focus on premiumising spaces in 2025
Nearly half of redevelopments in 2024 were geared towards upgrading office specifications.
Hanoi office supply to grow by 7.7% annually until 2029
There will be 24,500sqm of new office supply in 2025 alone.
India to see nearly 4m sqm of new office space in 2025
Rents are expected to remain stable this year.
Southeast Asia’s 2024 average office rental growth hits 2.3%
Bangkok rents led the region with a 6.1% increase.
APAC Grade A office supply to increase by 7% this year
This is higher than the 4% growth in 2024.
Why APAC office markets will still see rental growth this year
Moderate increases of 1-2% are expected to materialise.
Australia office rents up 1.9% in 2024
Brisbane saw the fastest rental growth rate of 11.8%.
Singapore CBD Grade A office rents to remain flat this year
New supply during the year is at a low of 553,000sq ft.
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