Commercial Office
Delhi’s H1 office leasing volume almost equal to last year’s levels
Total leasing volume hit 6.5 million sq ft in the first half of the year.
APAC flex workspace demand grew 16% in H1
The average transaction size was at 9.6 desks.
Bangkok office space supply up 1.1% in Q2
A total of 79,000sqm of new office space was introduced to the market.
Three ways to revitalise Bangkok’s old office buildings
Over 70% of offices in the CBD are over 20 years old.
Jakarta’s cumulative office supply to grow 2.5% annually until 2025
Almost 80% of the upcoming supply is premium buildings.
Bangkok Grade A office sector outperforms other segments in Q2
The Grade A segment saw the highest increase in occupied space.
Here’s a rundown of Bangkok’s Q2 office market performance per area
The average rents in the CBD grew, whilst rents were flat outside the CBD.
Term renewals in India’s office market down 16% to 3.2msf in Q2
Meanwhile, preleasing increased 9x vs the previous quarter.
These sectors accounted for half of India’s gross office leasing volumes in Q2
One of the sectors more than doubled its leasing volumes.
Sluggish IPO market cripples Hong Kong’s office property sector in H1
A 20-year low of only HK$17.8 billion was raised in H1.
How will the influx of new office supply affect India’s office market?
Find out what to expect from the market for the rest of 2023.
Jakarta CBD’s office occupancy rate rises to 73.7% in Q2
Various sectors drove demand during the quarter.
India finally recovers from record low office completions
Nearly 12m sq ft of new office projects were completed in Q2.
Why were some of the new offices in Hong Kong difficult to lease out?
That is despite offering attractive rental levels.
India gross office leasing down 22% in Q2
Leasing volumes were at 17.4 million sq ft during the quarter.
Hong Kong to see nearly 2 million sq ft of new office space by 2025
Most of it will primarily be in Central and Wan Chai.
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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.
