Commercial Retail
Why building mall identity is becoming increasingly crucial in Singapore
Shopping malls now have similar concepts and trade-mixes, creating a homogenous experience for consumers.
Why building mall identity is becoming increasingly crucial in Singapore
Shopping malls now have similar concepts and trade-mixes, creating a homogenous experience for consumers.
Singapore prime retail rents up 1.5% in H1 2024
Retail rents grew by 3.8% in Q2 alone.
Hong Kong retail rents grow 3.7% in H1 2024
Rents rose by 1% in Q2 alone.
How Hong Kong’s luxury retail sector bears the brunt of changing consumer behaviour
Mainland tourists are now more inclined to seek ‘cultural tourism’ than shopping.
Jakarta retail rents remain stable but service charges grow
The average rental rate in Jakarta was IDR 563,428 in Q1.
Jakarta retail occupancy rate to remain stable at 75% by end-2024
Thanks to committed tenants in upcoming malls.
Sydney retail supply pipeline likely to remain soft
Only 16,700sqm of new retail space was added in Q1.
These are the notable retail projects to watch out for in Tokyo
A six-storey prime retail building is expected to be completed in Q2 2026.
SE Queensland to see 91,000sqm of new retail space this year
Two new neighbourhood centres were completed in Q1 alone.
Seoul high street retail rents inch up by 0.7% in Q1
Myeongdong saw the steepest increase of 1.5%.
Perth retail completions underperform 10-year average
There were only 28,900sqm completions over the past year.
Jakarta to see one new prime shopping mall this year
It will be located in the city’s central area.
Mumbai slated to welcome nearly 3m sq ft of retail supply until 2028
A slew of premium malls are expected to become operational in the next four years.
Delhi retail net absorption hits 0.1m sq ft in Q1
Thanks to strong leasing demand from the suburbs.
What’s driving leasing activity in Hanoi’s shopping malls?
Net absorption reached 500sqm in the City Centre in Q1.
Bangkok’s international retail leasing activity hits record highs
There were 120 retail leasing transactions from international tenants in Q1.
Singapore retail supply to underperform pre-pandemic annual average
A total of 816,000sq ft of supply is expected to be added this year.