Commercial Office
Office investment volumes in APAC hit record lows since 2007
Investments dropped 51% to USD7b in Q3.
Office investment volumes in APAC hit record lows since 2007
Investments dropped 51% to USD7b in Q3.
Hong Kong office rents expected to bottom out sooner than expected
Rents could decline by up to 5% next year.
Why 2026 will be a turning point for Jakarta’s office market
The market is only expected to achieve supply and demand balance by then.
Changing dynamics in Jakarta’s strata-title office market revealed
Some buildings have made slight corrections in their asking prices.
Net effective office rents on Hong Kong Island slip 0.4% in September
Central and Causeway Bay registered the steepest YTD decline.
Singapore CBD office occupancy stable at 94.4% in Q3
Current occupiers are more likely to renew their lease contracts than to relocate.
Empty chairs at empty tables: Double-digit vacancies persist in APAC office markets
Vacancies in the region rose to 14.4% in Q3.
Jakarta office supply hits 7.34m sqm as of Q3
Find out which projects are slated to be completed soon.
Core CBD premium office rents in Singapore snap 2-year growth streak in Q3
Rents dipped by 0.1% in Q3, the first decline since Q1 2021.
Singapore office rental index jumps 4.9% in Q3
Rents have now grown by 12.8% in the first nine months of the year.
Workspace leasing to likely increase in coming years
With the shifting work landscape, Colliers Philippines predicts a boost in the demand for flexible workspaces in the coming years.
Three things that prove the flight to quality trend persists in Australia’s office sector
Flight to core and flight to CBD themes are now more evident than ever.
Singapore office rents to decline by up to 3% in 2024
Rents are expected to soften as supply surges from both CBD and non-CBD areas.Â
Singapore Grade A office vacancy hits record highs since Q1 2022
The vacancy rate reached 7.1% in Q3 2023.
Singapore office rents grow for the seventh consecutive quarter in Q3
Rents inched up by 0.1% during the quarter.
Why office tenants in Singapore won't relocate until 2025
Right-sizing is a more attractive option whilst they adopt a wait-and-see approach.
Hong Kong Grade A office rents drop 2.3% in Q3
The Central/Admiralty submarket was the main driver of this decline.
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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.
