Australia
How could the F1 race impact Singapore’s retail property market?
How could the F1 race impact Singapore’s retail property market?
Retail rents inched up 1.5% in September as tourist inflow drove retail spending.
How effective is rental control in Australia's residential market?
Asking rents rose 14.9% in the year to September.
Sydney hotel supply to increase by 1,619 rooms in the near term
These are from eight properties currently under construction.
Perth retail completions still well below the 10-year average
Completions only totalled 71,200sqm over the past 12 months.
Sydney to welcome 33,300sqm of new retail space by year-end
Four of the six projects to be completed are neighbourhood centres.
Six industrial projects to complete in Perth by end-2022
The projects will add 73,500sqm of fresh stock.
Brisbane to see 23 new industrial projects completed in H2
The projects will add 269,600sqm of new supply to the market.
Sydney industrial takeup declines 41% in Q2
Takeup only totalled 137,000sqm.
Adelaide industrial rents up 4.4% in Q2
Gross takeup grew 82.2% during the quarter.
Melbourne industrial gross takeup drops 26% to 285,100sqm in Q2
The drop was driven by a lack of available space.
Sydney CBD’s total office space stock now at 5.2m sqm
The Quay Quarter Tower recently added 88,000 sqm of premium office space.
Melbourne CBD office vacancy hits 15% in Q2
This is almost as high as the record levels in 1999.
Perth CBD office vacancy rate rises to 20.1% in Q2
It grew by 0.4 percentage points.
Brisbane CBD office vacancy rate hits 15.4% in Q2
It’s still higher than the 10-year quarterly average of 15.3%.
Adelaide office net absorption turns negative for the first time in a year
Quarterly net absorption was at -11,800sqm in Q2.
Brisbane to see 1,368 new hotel rooms by 2024
Room supply increased by 7.1% per annum between 2014 and 2019.
Melbourne adds 1,311 new hotel rooms to its supply in H1
Over 2,000 rooms were added to the inventory in 2021.
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1. Kuala Lumpur to add 3,180 new hotel rooms in 2025 2. Guess which three APAC cities made it to the global list of top 10 prime office costs in Q4 3. Hong Kong mass and luxury residential capital values to drop by 5% this year 4. Singapore residential leasing volume drops 24.2% to 19,733 units in Q4 5. Singapore non-landed home rental index rises for second straight quarterResource Center
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It is part of the Singaporean property developer’s ‘reach for the sky’ strategy.
