Commercial Office
Delhi to see over 23m sq ft of new office supply until 2025
Over two-thirds of the new supply will come from the Gurugram submarkets.
Delhi to see over 23m sq ft of new office supply until 2025
Over two-thirds of the new supply will come from the Gurugram submarkets.
Business park rents in this Singaporean submarket rose for the first time since 2018
Rents grew 1.4% in the last quarter of 2022.
APAC prime office rental index inches up 0.8% in 2022
This is despite a 1% decline recorded in the fourth quarter of the year.
Mumbai sees lowest annual office completions in five years
Only 3.69 million sq ft of projects were completed in 2022.
Singapore office investment volume hits 6-year high in 2022
Investments surged 54% to $7.3b for the whole year.
Hong Kong office rents dip 0.4% in December
Meanwhile, the vacancy rate increased to 12.1%.
Singapore’s 2022 office net absorption of 1.15m sq ft breaches records
It’s almost 4 times 2021’s net demand and is 18% higher than the 10-year average.
Singapore prime office rents grow 5.5% in 2022
Occupancy levels also remained healthy.
Remote working may not be as pervasive in Singapore as initially thought: Knight Frank
The office leasing market remains active with occupiers looking for quality space.
Further rental pressure looms for Malaysia’s office market
Blame it on the persistent supply-demand mismatch.
Klang Valley to see seven new office buildings by the first half of 2023
The buildings are scattered across KL City, KL Fringe, and Selangor.
Singapore office net absorption breaches 10-year average in 2022
The net absorption hit 1.15m sq ft during the year.
Hong Kong office rents forecast to rise 3% this year
A significant amount of supply is also in the pipeline.
Singapore business park vacancy rate rises to 16.8% in Q4
Supply still outpaced demand during the quarter.
Recent developments in Malaysia’s office sector to watch out for
Hap Seng is set to become the new owner of the Menara Weld office building.
Oversupply brings Hong Kong’s office vacancy rate to a record 14.7% in 2022
There was over 4 million sq ft of new Grade A space in the market.
Four in five flex office operators in APAC eyeing aggressive expansion
APAC operators also plan to increase rates by 8.3% over the next 12 months.
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1. Hong Kong Residency rule could boost office sector 2. Singapore’s residential supply overhang now ‘purged from the system’ 3. Current trends in Kuala Lumpur’s office market revealed 4. Seoul to see over 4,000 new luxury hotel rooms by 2030 5. Bangkok office supply to hit 1.8m sqm by year-endResource Center
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Al Mouj Muscat's Business Park wins Office Development of the Year - Oman at Real Estate Asia Awards 2024
![Al Mouj Muscat's Business Park wins Office Development of the Year - Oman at Real Estate Asia Awards 2024]()
Co-Written / Partner
It sets new standards for office developments with its striking design and strategic location.
It sets new standards for office developments with its striking design and strategic location.
