Commercial Office
Growing demand for green buildings in Kuala Lumpur drives rent hike
Sustainability continues to be a key trend in the office sector.
Growing demand for green buildings in Kuala Lumpur drives rent hike
Sustainability continues to be a key trend in the office sector.
Grade A office rents on Hong Kong Island down 2.6% YTD
North Point saw the steepest decline of 9.3%.
Hanoi Grade A office supply reaches 367,090 sqm
A new project added 14,000sqm of space in Q2.
Key office leasing deals in Manila revealed
Net absorption increased to over 82,000sqm in Q2.
Canberra office vacancy rates to grow as new completions enter the market
Three new office projects will bring over 45,000sqm of new stock.
Jakarta office occupancy rate to stabilise at 65% by year-end
Rents are expected to decline at a slower rate.
Ho Chi Minh City Grade A office rents up 2.5% in Q2
This was due to the changes in the list of Grade A projects.
Smaller occupiers to support Brisbane office demand into 2025
These occupiers are expected to expand office space in the near term.
Taiwan office vacancy rate to decrease to 5.3% by end-2024
The ICT and healthcare sectors will continue to drive leasing demand.
Melbourne adds 69,000sqm of new CBD office supply in Q2
There is a further 73,100sqm of space currently under construction.
Bangkok’s intensified supply-demand mismatch leads to rising office vacancy
Prime office vacancy rate remained high at 26% in Q2.
Singapore strata office transactions to hit S$1B in 2024
The market has had stable transaction volumes over the past year.
Adelaide records 52,700sqm of new office space under construction
The largest project is a 21,700sqm office tower.
Delhi net office absorption hits a record 4.68m sq ft in H1 2024
Net absorption in Q2 alone was at 2.41m sq ft.
Seoul office rents rise by 7.1% in Q2
Rent grew for all submarkets.
Singapore strata office sales drop 15.6% to S$437.3 in H1 2024
There were only 154 transactions during this period.
Taiwan office property sector to be a tenants’ market in 2025
New office supply is expected to peak, and it might take a long time for it to be absorbed.
Most Read
1. APAC office demand surges to 2.2m sqm in Q3 2. Singapore private residential vacant stock grows by 18.8% in Q3 3. Hong Kong to see nearly 3,000 new hotel rooms for remainder of 2024 4. Singapore CBD Grade A office demand could remain weak until 2026 5. Australian CBD markets record mixed signals for office demand in Q3Resource 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.
