Commercial Office
Grade A office rents in Ho Chi Minh City slip 0.5% in Q1
In 2023, CBD monthly rents are expected to decline 4.6% y-o-y to USD 45.6/sqm.
Grade A office rents in Ho Chi Minh City slip 0.5% in Q1
In 2023, CBD monthly rents are expected to decline 4.6% y-o-y to USD 45.6/sqm.
This office building was the only one to be completed in Jakarta in Q1
It is a 90,000sqm office building in the Sudirman corridor.
Mumbai adds 0.15 million sq ft to its Grade A office stock
Thanks to the completion of one project in Navi Mumbai in Q1.
Osaka’s office vacancy rate rises to 3.4% in Q1
Only one new project was completed during the quarter.
Demand for flex spaces up 25% in Singapore in 2022
However, new supply only grew by 3% over the same period.
Why Brisbane CBD’s office sector is enjoying robust tenant activity
The flight-to-quality is attracting more workers to go into the offices.
Canberra’s total office stock hits 2.2m sqm
The most recent addition was an 8,000sqm office completed in Q1.
Decentralisation, flight-to-quality trends persist in Hong Kong
Co-working spaces are also seeing increased demand.
What does the future look like for Singapore’s CBD Grade A office market?
Find out how a machine learning algorithm forecasts rents till 2028.
Singapore is Southeast Asia’s most expensive city for an office fit out
It costs USD86 per sq ft to fit out a basic hybrid office in Singapore.
CBD markets dominate Australia’s Q1 office transaction volumes
Sales totalled AUD1.6b in Q1, over AUD1b of which was from CBD markets.
Singapore Grade A office vacancy rises for the second consecutive quarter
The vacancy rate grew 1.7ppts to 7.4% in Q1.
Why Singapore’s office leasing market in Q1 was nothing short of complex
There’s increasing demand, yet the stock of shadow spaces is also growing.
Hong Kong office vacancy rate rises to 12.3% in April
The vacancy rate in Hong Kong East alone rose 12.6%.
Singapore office rental growth starts to taper off
Overall CBD Grade A rents inched up 0.2% to S$9.59 psf in Q1.
BPO sector seeks hub in Philippines’ provincial markets over labour costs
The office sector in Clark, Iloilo, and Davao is expected to be ‘very bullish.’
Office rents on Hong Kong Island slip 0.4% in March
Rents in decentralised submarkets were more resilient.