Commercial Office
3 reasons why flex office spaces are booming in Bengaluru, India
A record 6,000 seats in flex spaces were absorbed in Q3 2021 alone.
3 reasons why flex office spaces are booming in Bengaluru, India
A record 6,000 seats in flex spaces were absorbed in Q3 2021 alone.
Hong Kong Grade A office rents increase for the first time in over 2 years
Rents inched up 0.2% in October.
Office fit-out costs rise 10.8% to US$1,109 per sqm in APAC
Blame it on supply chain disruptions and labour shortages amidst the pandemic.
Hong Kong new office letting transactions drop 20% in October
Tenants in Kowloon are favouring lease renewals over relocations.
APAC office leasing volume to grow by up to 35% by end-2021
Grade A net absorption increased 28% in Q3 alone.
What are the factors affecting office re-entry rates in APAC?
Southeast Asian cities have not seen many workers going back to offices just yet.
Two implications of Hong Kong occupiers’ flight to quality for office landlords
There was a noticeable increase in demand for premium Grade A offices from Jan-Aug 2021.
How will the series of Chinese reforms impact Singapore’s office leasing market?
The sector’s recovery has always been hinged on the office demand from Chinese firms.
Singapore Grade A office vacancy rate drops 1.4ppts to 5.8% in Q3
The drop could be attributed to tenants who have just started moving into their pre-committed spaces.
Hong Kong office net absorption finally rebounds after two years
Overall net absorption hit 70,900 sq feet in Q3 2021.
Why investors, landlords should decarbonise buildings now
Employees demand greener buildings, but 65% of them do not know about their employers’ sustainability efforts.
Seoul office transaction volumes hit US$4.2b in Q3
There were several notable transactions in the prime office segment.
Australian office net absorption hits highest levels since 2018
Sydney and Melbourne recorded 24,700sqm and 24,070sqm of absorption in Q3, respectively.
‘Recentralisation' trend now more evident in Hong Kong’s office market
Prime office rents saw a quarterly increase of 2.6%, signalling an improved leasing momentum in the CBD.
Hong Kong prime office rents record slowest rate of decline since 2019
Q3 rents slipped 1% in Hong Kong, whilst the rest of APAC markets saw uneven recovery.
Jakarta office rents on a downward streak for over two years now
But rental declines are now slowing with only a 0.6% drop in Q3.
New Delhi gross office leasing surges 40% in Q3
One-fifth of the transactions were term renewals.
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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.
