Commercial Retail
Hong Kong high street rents to increase by 8% for full-year 2023
Market recovery should gain momentum by the second half of next year.
Hong Kong high street rents to increase by 8% for full-year 2023
Market recovery should gain momentum by the second half of next year.
What could drive mall occupancy rates in Jakarta in the near term?
There is a palpable eagerness for retailers to open new stores.
Which retail submarket recorded the lowest Q3 vacancy rate in Hong Kong?
The vacancy rate in this submarket declined by 2.6ppt to 5.3%.
Bangkok retail supply currently at 7.6m sqm as of mid-2023
A few mega shopping centres are under construction.
Bangkok retail rental discounts reduced to 0-4% in mid-2023
Foreign arrivals have reached 80% of pre-pandemic levels.
Hong Kong sees improved retail property sales transactionsÂ
A retail unit was recently sold for HK$370m.
Queensland retail rents record its largest quarterly movement since Q1 2022
CBD rents declined 2.5% in Q2.
Robust demand to drive Singapore retail rents for the remainder of 2023
Thanks to the ongoing tourism recovery.
Manila retail store closures drop by 29% in Q2
Almost a quarter of closures were by F&B brands.
Seoul shopping mall rents inch up 0.8% in Q2
High street rents also slightly increased by 0.6%.
Sydney CBD retail rents drop by nearly 10% in Q2
This is the largest rental movement in this subsector.
These were the new retail openings in Tokyo in Q2
Luxury brands continue to drive demand for prime spaces.Â
Melbourne to add 58,500sqm of new retail space in H2
This consists primarily of neighbourhood centres.
Adelaide to see one of the largest new retail supply wave in its history
Nearly 62,000sqm of retail space is currently under construction.
Bangkok records 21,600sqm retail net absorption in Q2
Thanks to the inflow of new tenants in existing retail spaces.
Hanoi city centre retail rents to grow by 4% this year
And city fringe retail rents are projected to grow by 3.1%.
These two projects will add nearly 60,000sqm to Ho Chi Minh City’s retail market
Both are seeing strong early leasing activities.
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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.
