JLL
JLL is a leading professional services firm that specializes in real estate and investment management. JLL is a Fortune 500 company with annual revenue of $19.4 billion in 2021, operations in over 80 countries and a global workforce of more than 98,000 as of December 31, 2021.
Retail rents in Ho Chi Minh City breach pre-pandemic levels
Rents grew 1.1% to USD 79.1 per sqm per month across the city.Â
Retail rents in Ho Chi Minh City breach pre-pandemic levels
Rents grew 1.1% to USD 79.1 per sqm per month across the city.Â
Myeongdong retail vacancy rate surges to 42.1% as Zara exits
Vacancy rates in Seoul increased during Q3.
Bangkok welcomes three new luxury hotels in Q3 alone
These properties account for a total of 518 keys.
Mumbai prime residential launches rise 23.4% to 3,755 units in Q3
Eastern Suburbs I accounted for 31.5% of the launches.
Tokyo retail rents increase for the second consecutive quarter
Rents grew 1.6% in Q3.
Manila’s residential vacancy rate declines to 7.5% in Q3
It declined by 117.4 bps vs the previous quarter.
These were the notable hotel openings in Kuala Lumpur
A total of 1,350 rooms entered the market so far in 2022.
Bengaluru prime residential sales drop 13% in Q3
There were also few launches in the quarter.
Melbourne industrial completions up 32% to 288,200sqm in Q3
There were a total of 16 projects completed during the quarter.
Bangkok residential market unsold rate rises to 5% in Q3
This is equivalent to 3,573 units.
Brisbane’s Q3 residential rents increase 8%Â
The median rent for a 2-bed unit is AUD540 per week.
Demand for high-end homes in Delhi grows by 18% in Q3
Over 60% of the sales were from Gurgaon.
Why there is limited hotel supply growth in Seoul
Most of the new supply is slated to enter destinations such as Busan and Jeju.
Guess how many hotel rooms opened in Singapore in the first nine months of 2022?
They were all part of reopening/rebranding projects.
Perth records strongest industrial takeup since 2015
Takeup reached over 120,000 sqm in Q3.
Bangkok to see 68,000sqm of new prime grade retail stock by end-2022
That is if two projects are completed as scheduled.
Sydney’s 2023 retail pipeline dominated by neighbourhood centres
Over 60% of the new additions will be from this segment.
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1. APAC demand for flex offices up 13% over the past 5 years 2. Japan new hotel supply growth to underperform 10-year average of 3.7% 3. Hong Kong office vacancy rates could surpass 20% by 2027 4. Singapore prime logistics rents up 3.6% in Q1 5. Singapore real estate investment sales to exceed $25b in 2024Resource Center
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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.
