Commercial Office
Kowloon office rents to decline by 1-3% in 2024
Kowloon office rents to decline by 1-3% in 2024
Rents in Kowloon East are forecast to drop by 3-5%.
Singapore office vacancy rate reaches 10-quarter high of 8.3% in Q3
Meanwhile, office rental growth plateaued during the quarter.
Singapore CBD Grade A office rents inch up 0.3% in Q3
And vacancy rates increased to 5.5% during the same period.
Grade A office rents on Hong Kong Island down 6.5% in August
And vacancy remained high at 13.4%.
Manila braces for influx of new office supply
Over 600,000sqm of new stock is expected to enter the market this year.
What were the key drivers of Singapore office demand in Q3?
There was more activity from smaller space occupiers.
Singapore office rents to grow by 3% for full-year 2024
Learn more about the economic dynamics affecting this forecast.
What to expect from Bangkok’s office market in the near term
Sustainability is increasingly becoming a non-negotiable factor for tenants.
Jakarta office occupancy rate forecast to remain low
There is an influx of new supply in the next two years.
Singapore prime office rents inch up 0.6% in Q3
Rents increased by 2% in the first nine months of 2024.
1 in 2 companies plan to expand flexible spaces in the next three years
Unassigned seating and collaborative spaces emerged as top workplace efficiency boosters.
6 in 10 APAC firms stabilise office attendance: survey
Around 32% companies expect an increase in office usage.
Over six in ten office occupiers in Asia Pacific (APAC) have stabilised their attendance, up...
Over half of APAC office occupiers pledge net-zero emissions by 2030
In contrast, 35% have no targets or pledges.
Over half of office occupiers in Asia Pacific (APAC) have publicly pledged to achieve net-zero emissions...
What are the primary factors for occupiers relocation?
Cost continues to be an important consideration.
Fluctuating office occupancy can impact productivity and morale
Reviewing space utilisation ensures effectiveness as well.
Tokyo office leasing volume set to be robust for the rest of the year
Rents are also expected to continue to rise.
Sydney to see five new office projects this year
The projects will yield over 85,000sqm of new space.
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He shares his insights on how Asia’s real estate players can maintain profitability whilst navigating intersecting industry pressures.
