Commercial Office
4 trends to watch in Singapore’s office property market
There may be a ‘severe shortage’ of office space in 3 to 5 years’ time.
4 trends to watch in Singapore’s office property market
There may be a ‘severe shortage’ of office space in 3 to 5 years’ time.
Hong Kong Island records office vacancy rate of 8.5% in January
Wan Chai had the highest vacancy rate of 11.8%
Singapore CBD Grade A office vacancy rates slip to 5.6% in Q4 2021
The high vacancy rates in Shenton Way was offset by the declines in other submarkets.
Hong Kong overall office vacancy rate down to 9.4% in January
Kowloon East still had the highest vacancy rate at 12.4%.
APAC investments into London’s office market to double to £4.1b in 2022
This accounts for 39% of all inbound investment into the city.
Why tech giants want their office space and what does this mean for the real estate industry
The tech industry accounted for 40% of the demand for office space, up from 20% in 2019.
No one size fits all: Firms turn to experience as they fit out spaces in the permanent hybrid setup
Cushman & Wakefield said modern workplaces will see variations of hybrid fit-out, either simple or complex.
India’s office supply to grow by 30-35% this year
Meanwhile, gross leasing is expected to grow 15-20% y-o-y.Â
Sydney to add over 150,000sqm of new office space in 2022
Gross face rents are still at $1,355 sqm per annum on average.
Fresh leasing dominates India’s office market in Q4 2021
It surged 77% to 12.2 million square feet during the quarter.
Mumbai gross office leasing volume sees robust 25.3% growth in 2021Â
Leasing volume hit 10.42msf, nearly half of which are fresh leases.
APAC to sustain growth in commercial real estate investment in 2022: CBREÂ
CBRE sees a 5% to 10% growth in total transaction volumes this year. Â
Flight-to-quality: Firms reconfigure to smaller but better spaces
Knight Frank also expects rents to increase 3% to 5% this year.
5 key trends to watch out for in New Zealand’s office property market
One of them is medium lease terms, with 81% of new leases ranging from 1-6 years.Â
Office and hotel property investments in APAC to jump by up to 30% this year
Value-add strategies will prove to be especially useful in the office market.
New Delhi office leasing volume up 17% to 9.9msf in 2021
67% of all leasing transactions during the year were in Gurugram.
APAC office property market to see record levels of new supply in 2022
Supply will increase 13% y-o-y to hit 6.9 million sqm.
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1. APAC demand for flex offices up 13% over the past 5 years 2. Japan new hotel supply growth to underperform 10-year average of 3.7% 3. Hong Kong office vacancy rates could surpass 20% by 2027 4. Singapore prime logistics rents up 3.6% in Q1 5. Singapore real estate investment sales to exceed $25b in 2024Resource Center
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EY’s Seng-Leong Teh emphasises focus on resilience, tenant mix management amidst challenges
![EY’s Seng-Leong Teh emphasises focus on resilience, tenant mix management amidst challenges]()
Co-Written / Partner
Discover the insights of Seng-Leong Teh as he navigates the challenges and opportunities shaping the industry today.
Discover the insights of Seng-Leong Teh as he navigates the challenges and opportunities shaping the industry today.
