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Singapore new private home sales more than tripled in November
Singapore new private home sales more than tripled in November
Sales surged by 286% from 203 units in October to 784 units in November.
Two new malls slated to be completed in Kuala Lumpur by year-end
Both malls will add 2.4m sq ft of new supply.
Hong Kong luxury residential rents to rise by up to 5% this year
Meanwhile, prime residential capital values are forecast to drop by up to 5%.
Tokyo overall industrial vacancy rate rises for the first time in two quarters
Vacancy grew by 30bps to 7.6% in Q3.
Hanoi to see 90,600sqm of new retail supply by year-end
Thanks to two new shopping malls.
Brisbane apartment supply shortages worsen
Only 2,000 apartments are expected to be completed this year.
Fashion and lifestyle brands drive Ho Chi Minh City’s retail leasing demand
Total net absorption was at 610 sqm in Q3.
Seoul retail rents continue to rise in Q3
Rents in Myeongdong saw the largest growth of 1.8%.
Perth’s largest retail transaction since 2019 revealed
It was a deal worth nearly AUD500m.
Which submarket drove Delhi’s housing demand in Q3?
More than half of the segment sales came from this market.
Manila retail net absorption hits -27,000sqm in Q3
Blame it on the partial opening of Gateway Mall 2.
Hong Kong to see 2.5m sq ft of new retail space by end-2023
In Q3, two new shopping centres were completed.
Prime residential launches in Bengaluru more than doubled in Q3
Almost all of the launches were in the Whitefield submarket.
Ho Chi Minh City’s prime apartment sales hit a mere 766 units in Q3
This translates to a selling rate of 30.9%.
Taipei CBD to see 39,000 ping of new gross leasable office space in 2024
Rents are expected to continue rising until 2027.
Sydney to see six new hotels in the near term
These hotels will add over 1,400 rooms to the market.
Here are the key drivers of Delhi’s strong demand for industrial space in Q3
Net absorption hit nearly 2 million sq ft during the quarter.
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1. Singapore high-end residential rents rise for sixth straight quarter 2. Prime assets and income security drive Asia Pacific property investment trends 3. Condominiums hit new price peaks across Vietnam in Q1 4. Hong Kong records fourth straight quarter of positive office absorption 5. Singapore industrial market sees widening gap between prime and ageing assetsResource Center
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He shares his insights on how Asia’s real estate players can maintain profitability whilst navigating intersecting industry pressures.
