Commercial Office
Seoul office transaction volume surges 24% in 2024
Seoul office transaction volume surges 24% in 2024
Total investments hit KRW 11.6 trillion during the year.
Seoul prime office absorption underperforms 10-year average
Absorption only reached 133,300sqm in 2024.
From petri dish to playbook: What the great global workplace experiment taught us
Many Asia Pacific markets were first to return to the office, buoyed by strong public health responses, compact commutes, and a cultural emphasis on...
APAC office demand soars by 15.9% to 8.8m sqm in 2024
India, Australia, and Japan led the market.
Grade A office rents on Hong Kong Island down 4.3% in February
Smaller office spaces drove leasing demand.
Kowloon office relocations drop by 19% in February
But average rents for relocations increased by 10%.
Over half of APAC office spaces now green-certified
Australia’s major cities continue to lead green adoption across all building grades.
Sydney CBD office vacancy rate to stabilise in 2025
Only two new major projects are expected to be completed this year.
Taipei to see 36,000ping of new Grade A office supply this year
Analysts expect absorption challenges to arise as new supply increases.
Perth office rents to grow by 6% annually until 2029
There is robust demand but only a limited supply.
Osaka net office absorption hits an all-time high of 210,000sqm in 2024
New office stock also reached a record high of 270,000sqm during the year.
Melbourne records over 300,000sqm of new office projects under construction
But only 34% is anticipated to materialise in 2025.
Mumbai annual office supply hits 7.6m sq ft in 2024
Over 1.6m sq ft was added in Q4 alone.
Why Grade B office vacancy rates are expected to rise in Seoul this year
There are several new projects set to enter the market.
How Kuala Lumpur’s office sector maintains its positive momentum
Sustainable spaces are driving leasing activity.
Manila office rents to grow slowly amidst high supply
Office leasing is expected to stabilise moving forward.
Guess which three APAC cities made it to the global list of top 10 prime office costs in Q4
They took the 2nd, 5th, and 6th spot on the list.
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1. Singapore private home price growth slows to 0.3% in Q1 2026 2. Singapore executive condo sales top 1,000 units for the first time in 13 quarters 3. Strong fundamentals support Japan real estate outlook into 2026 4. Singapore ranked priciest city for office fit-out in APAC 5. Southeast Asia real estate investment set to hit US$21.8b on safe haven demandResource Center
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He shares his insights on how Asia’s real estate players can maintain profitability whilst navigating intersecting industry pressures.
