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Hong Kong sees improved retail property sales transactions
Hong Kong sees improved retail property sales transactions
A retail unit was recently sold for HK$370m.
Queensland retail rents record its largest quarterly movement since Q1 2022
CBD rents declined 2.5% in Q2.
Hong Kong residential transactions up 5.9% in August
There were over 3,200 transactions in total.
Seoul adds over 1,000 new hotel rooms in H1
This includes a luxury project with more than 600 rooms.
Manila residential rents inch up 0.4% in Q2
Capital values also grew slightly by 0.9%.
Singapore’s prime residential market to see stronger interest from locals
The ABSD rate hike is expected to dampen foreign demand.
Sydney beats other Australian cities in hotel investment volumes
Over AUD1.6b worth of transactions took place over the past 18 months to June 2023.
Delhi prime residential prices up 2% in Q2
The highest price growth was recorded in Gurgaon.
These were the recently completed prime residential projects in Jakarta
There was one new luxury condo and two new serviced apartments.
Mumbai new residential launches hit a record 6,284 units in Q2
Launches rose by 26% vs the prior quarter.
Kuala Lumpur sees 1,820 new prime residential units in Q2
These are from three projects that were completed during the quarter.
Hong Kong luxury residential leasing activity increases 30% in Q2
But the persistent high vacancy rate is hindering rent recovery.
Bangkok to add over 3,000 new keys to its hotel supply by year-end
Four additional hotels were opened in Q2 alone.
Bengaluru prime residential rents inch up 0.7% in Q2
Thanks to the return of expats and rising office occupancies.
Melbourne residential rent recovery continues
Asking rents for 2-bed units increased by 15.9% over the past year.
Robust demand to drive Singapore retail rents for the remainder of 2023
Thanks to the ongoing tourism recovery.
Ho Chi Minh City to see nearly 2,000 new prime apartment units in H2
This is 53% fewer than the new launches in H1.
Most Read
1. Singapore is the priciest flex office market in APAC 2. China new home sales are set to fall as values drop to 7-8% 3. Mumbai to see 1.9m sq ft of new premium retail stock over the next four years 4. Mumbai gross office leasing hits 2.44m sq ft in Q3 5. Around 5,000 new prime apartments to enter the Ho Chi Minh City market in 2025Resource Center
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