Cushman & Wakefield

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Jakarta tagged as the most variable market for office rents in APAC

Jakarta tagged as the most variable market for office rents in APAC

Between 2010 and 2015 rents in Jakarta more than doubled and then subsequently tumbled by 30% over the next five years.

Here’s a rundown of how APAC office rents will fare for the rest of this year

Rents are forecast to decline by an average of 1.7% across the region. 

Singapore Grade A office vacancy rate hits record high since 2018

Vacancies reached 4.6% in Q2 2021, the highest since the 4.9% rate recorded in Q1 2018.