Commercial Office
Jakarta Grade A office rents decline by 1.1% in 2024
Jakarta Grade A office rents decline by 1.1% in 2024
This is despite the slight increase in Q4.
This new office complex will reshape Ho Chi Minh City’s market landscape
It will span 71,500sqm and will materialise in 2025.
Grade A office rents on Hong Kong Island drop 4% in January
And the office vacancy rate remained high at 12.8%.
Kowloon office market demand to remain weak in the near term
The average office size leased declined by 3% to 5,700sq ft in January.
Hanoi Grade A office net absorption hits 17,400sqm in 2024
Thanks to key leases in high-quality buildings.
Bangkok 2024 office take-up hits record high in five years
Full-year absorption reached 107,200sqm.
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.
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He shares his insights on how Asia’s real estate players can maintain profitability whilst navigating intersecting industry pressures.
