Commercial Retail
Adelaide retail completions underperform 10-year annual average
Only two new retail centres were completed in 2024.
Mumbai to see nearly 4m sq ft of new prime retail supply until 2029
Three premium malls are expected to open in the first half of 2025 alone.
Two new malls to open in Kuala Lumpur this year
These will yield over 1m sq ft of new retail space.
Perth retail rents to grow by 1.9% to 2.9% annually till 2029
The regional subsector is expected to experience the strongest growth.
Singapore Orchard rents to grow by 1-2% this year
Meanwhile, suburban rental growth could be in the lower end of the forecast range.
Singapore new retail supply to reach over 1.2m sq ft in 2028
But supply will remain limited over the next two years.
SE Queensland 2024 retail completions underperform 10-year average
New supply only reached 81,600sqm during the year.
Here’s how Hong Kong’s retail market performed in January
Pastry and cookie retailers had notable success.
Seoul mall vacancy rates fall to a record 0.9% in Q4
This is the lowest level since 2019.
Singapore retail absorption hits 10-year high of 1.2m sq ft in 2024
All regions recorded positive net demand during the year.
Sydney annual retail stock at its lowest since 1989
Only 39,200sqm of new retail space was added in 2024.
Strata retail sales in Singapore to reach S$400-S$500m this year
Demand for strata retail units is subdued.
Tokyo retail rents rise for 11th straight quarter in Q4
Rents increased by 12.2% YoY during the quarter.
Singapore strata retail market dominated by deals under S$4m in H2 2024
Only one transaction was worth above S$10 million.
Jakarta retail occupancy rate stable at 74.7% in 2024
Landlords maximised lease renewals.
HCMC total retail supply hits 1.18m sqm in 2024
This represents a 10% year-on-year increase.
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