Commercial Office

Expect dynamic changes in APAC real estate in 2025: analyst

Office demand is expected to average 75 million square feet per annum.

Here’s how Japan’s regional office markets performed in 2024

Find out why Osaka has been in the spotlight last year.

Tokyo Grade A office rents rise by 4.2% YoY in Q4 2024

Shinjuku, Shibuya, and Chuo saw strong rental growth.

Singapore CBD office vacancy rate falls to 6.9% in Q4

Meanwhile, office rents grew by 2.4% for the full-year 2024.

Singapore office rents won’t rise until H2 2025

Total rental growth is expected to range between -1% and 2% for the full year.

Kowloon office rents to decline by 2-4% this year

Tenant activity was subdued in November 2024.

Hong Kong to see an influx of 4m sq ft of new offices until 2026

This is expected to put pressure on office rentals.

Manila annual office absorption to rise by 36% from 2025 to 2029

That is compared to absorption levels between 2020 and 2024.

Bangkok to see 550,000sqm of new office space next year

The current supply stands at 6.3m sqm as of Q3 2024.

Kuala Lumpur office rents to dip in 2026

This is due to an influx of new supply.

Osaka to see rising office vacancy rates until Q3 2025

And rents are expected to decline gradually.