News
Jakarta CBD cumulative office supply now at 7.4m sqm
Supply is also expected to increase significantly outside the CBD.
Jakarta CBD cumulative office supply now at 7.4m sqm
Supply is also expected to increase significantly outside the CBD.
Singapore private resale home prices to grow by 3-5% in 2024
Prices grew by 2.7% in the final quarter of 2023.
Tokyo residential occupancy rates recover close to pre-pandemic levels
In the central five wards, occupancy is at 97%.
Jakarta has nearly 3 million sqm of unabsorbed office space in 2023
Almost 70% of these are located in the CBD
This was Singapore’s biggest commercial investment deal in Q4
It involves the collective sale of Shenton House to Shenton 101 Pte Ltd.
Rental gap between Tokyo’s large- and small-sized units continues to widen
Large residential units with up to 60sqm saw the biggest increase of 2.7% in Q4.
Tokyo mid-market residential rents up 3.5% in Q4
In the central five wards, rents grew by 4%.
Singapore private resale volume drops to 3-year low of 2,586 units in Q4
Resale transactions declined by 12.5% from the previous quarter.
‘Green premium’ achieved through ESG-focused buildings in APAC
Real estate developers and asset managers are increasingly adopting sustainable practices for energy efficiency and net-zero goals.
Over 1m sq ft of luxury malls to be operational in Mumbai by year-end
Nearly 670,000 sq ft of mall leasing activity was witnessed in 2023.
Singapore real estate investment sales to hit up to S$23b this year
This will be due to a more active GLS market.
Tokyo central five wards’ residential rent premium hits a record 20.1%
The premium seems to be on an upward trajectory.
Singapore residential investment sales down 11% to S$10.3b in 2023
The private sector drove the decline in sales.
Hong Kong office rents to decline by 5-10% this year
Landlords will continue to be competitive as high vacancy rates persist.
Osaka’s office market could be ‘challenging’ in 2024: Savills
Many properties will likely face increased competition for tenants.
Why Singapore property investment sales dropped 27% to S$5.4b in Q4
There’s a number of factors apart from the holiday season effect.
Singapore’s largest industrial investment deal in Q4 revealed
The transaction was worth over S$80 million.