Commercial Office
Australian prime office rents up 4.3% in Q2
Australian prime office rents up 4.3% in Q2
Brisbane saw the fastest rental growth during the quarter.
Singapore office vacancy tightens to 5.3% in Q2
Thanks to the significant demand for quality office spaces.
Hong Kong Grade A office leasing volume drops 30% to 1.8m sq ft in H1
This is only 41% of 2024 totals.
Southeast Asian office leasing demand to be dominated by small to mid-size spaces
This is linked with flight-to-quality moves in the second half of 2025.
Singapore Grade A office capital values stable in Q2
But yields rose to 3.62% due to rental growth.
Signs that office supply shortage concerns in Tokyo are intensifying
Strong pre-leasing activity for buildings in good locations is one.
Tokyo Grade B office rental growth strengthens by 6.8% in Q2
Chuo saw the biggest rental growth during the quarter.
Tokyo Grade A office rents up 8.3% in Q2
Shinjuku outperformed all other areas for the third straight quarter.
Hong Kong office rents to rebound amidst IPO market resurgence
Total fundraising this year is projected to nearly double 2024 levels.
Singapore CBD Grade A office rents inch up 0.7% in Q2
Meanwhile, rents in the decentralised submarket declined for the first time in four years.
This deal had a significant impact on Hong Kong’s office leasing market
It’s the largest single leasing agreement over the last decade with its monthly rent of HK$30m.
Kowloon office rents to decline by 9% to 11% this year
Oversupply still persists in the market.
Hong Kong Island Grade A office rents to decline by up to 3% in 2025
There is only one project scheduled for completion in the second half of the year.
Tokyo Grade A office rents rise for the fifth straight quarter in Q1
Rents increased by 4.9% by the end of the quarter.
Perth prime office rents to average 5.5% annually from 2026 to 2031
And investor appetite is expected to improve over the short term.
Eight office projects currently under construction in Sydney CBD
These projects will add 244,100sqm to the city’s stock.
Seoul office vacancy rate down to 2.8% in Q1
Yeouido saw the largest improvement in vacancies.