Commercial Office
Seoul prime office net absorption reaches 3,700sqm in Q1
Seoul prime office net absorption reaches 3,700sqm in Q1
The YBD drove the market’s positive net absorption.
Bangkok office occupancy rises for second straight quarter
The occupancy rate increased to 77.5% in Q1.
POGO exit drives repurposing of office spaces
Developers respond to Metro Manila vacancies with flexible space formats.
Singapore CBD Grade A office rents record largest increase since Q3 2023
Rents grew by 1.5% YoY in Q1 2025.
Jakarta CBD to see 100,000sqm of new office space by 2028
Outside the CBD, seven new developments are expected to enter the market.
Southeast Asia office rents up 1.3% in Q1
Jakarta, Kuala Lumpur, and Bangkok led the growth.
Singapore CBD Grade A office rents to remain flat in 2025
Meanwhile, AAA-grade rents could increase by 2%.
Kowloon office transaction volume up 4.4% in March
Most of the transactions were for units under 3,000sq ft.
Jakarta CBD office occupancy inches up to 74.5% in Q1
Multinational companies remain attracted to the CBD area.
Singapore CBD Grade A office rents rise for fourth straight quarter in Q1
Rents increased by 0.4% QoQ.
Kuala Lumpur office vacancy rate amongst the highest in APAC at 24.6% in Q1
But the market may be reaching an inflection point.
Hong Kong Island office rents drop by 5.7% in March
Traditional Grade A offices saw a steeper decline.
Grade B office rents in Tokyo rise by 4% in Q1
Shinjuku and Shibuya were the outperformers during the quarter.
Seoul to see over 2.5m sqm of new prime office supply until 2029
This is 1.4x higher than the 10-year average.
Is the worst finally over for office fitout price pressures in APAC?
Costs range from US$195 psf in Tokyo to US$58 psf in Jakarta.
Singapore nabs top spot for corporate relocations
Seoul, New York, London and Abu Dhabi make up the top five.
Bangkok to add 540,000sqm of new office space in 2025
This is the largest influx in the near term.