Commercial Retail
Why 4 in 10 retailers press on with real estate expansion plans in Singapore
Retailers want to capture customers in large residential catchments.
Why 4 in 10 retailers press on with real estate expansion plans in Singapore
Retailers want to capture customers in large residential catchments.
APAC retail rents won’t stabilise until 2022
Hong Kong is expected to lead rental growth in the region this year.
Singapore retail industry’s ‘recalibration’ bolstered by the pandemic
New brands opened concept and flagship stores as several brands exited the industry.
India’s retail property market sees bright spot in New Delhi’s main streets
Several new retail stores opened during Q2, as well as 10 new showrooms for Tata Motors.
Bangkok’s prime retail occupancy rates nearly hit pre-pandemic levels
Average occupancy rate was 98.7% in Q2 2021, almost the same level of 99.1% in Q1 2020.
Kuala Lumpur to see 13 new malls over the next three years
This translates to at least 8.9m sq ft of NLA, and more than half will be completed this year.
India’s retail properties see renewed interest from private equity investors
The sector accounted for the second highest share (33%) of investment inflows in Q2 2021.
Jakarta’s retail supply to rise 2.5% annually till 2025
By the end of 2021, total retail supply will reach 2.91 million sq m.
Hong Kong retail rents finally stabilise after 18 months of decline
Rents in prime street shop and major shopping centre segments increased 0.3% and 1.2%, respectively.
Singapore prime retail rents down 11% as tourists remain non-existent
Island-wide rents declined 9.3% to S$26.20 per square foot per month in Q2.
Hong Kong high-street rents to fall by 3% this year
This is a huge improvement from the 28% drop recorded in 2020.
Cambodia real estate takes sharp turn in H1
An increase in COVID-19 cases led to more than 70% decreases in prime office and retail occupancy in Cambodia.
Hong Kong retail undergoing more “drastic transformation”: Knight Frank
Banks are now occupying large duplex stores.
Melbourne retail completions to stay at historically low levels till 2025
Completion levels are expected to drop 38% in 2021.
Manila retail vacancy rate reaches 15-year high of 7% as store closures persist
This is the highest recorded vacancy rate since 2006.
Negative rent growth drags Tokyo retail capital values
Capital values were down 18.1% in Q1, the sixth consecutive quarter of decline.
F&B retailers drive Jakarta’s positive net demand in Q1
Several businesses opened new stores during the quarter.
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1. Investment opportunities in Australia’s student accommodation sector revealed 2. APAC prime office rents drop for the seventh consecutive quarter 3. Singapore office vacancy rate hits record low in over 7 years 4. Singapore Q1 private home transactions down 2.4% to 4,230 units 5. Singapore private home price hike slows to 1.4% in Q1Resource 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.
