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Office rents on Hong Kong Island slip 0.4% in March
Office rents on Hong Kong Island slip 0.4% in March
Rents in decentralised submarkets were more resilient.
India’s real estate investment volume hits USD1.07b in Q1
Over half of the volume came from foreign investors.
Watch out for these two large ultra-luxury residential projects in Tokyo
One is a 1,000-unit estate expected to be completed by 2025.
Singapore has the highest stamp duty rates for foreign residential property buyers
It’s currently at about 64% of the selling price.
Hong Kong residential transactions surge 56% to 6,690 units in March
The primary market also had a positive performance.
Singapore HDB resale prices record smallest price hike in nearly three years
Resale prices rose 1% in Q1 2023.
Singapore HDB rents hit new highs in Q1
Rents grew 2.7% q-o-q and 26.7% y-o-y.
Hong Kong retail spaces still being leased at 30% lower than pre-COVID levels
Find out which spaces are being rented at lower prices.
CapitaLand Malaysia to buy Selangor warehouse for $11.4m
The REIT plans to convert the property into a temperature-controlled distribution center.
Private home prices in Singapore hit all-time high despite cooling measures
OrangeTee analyst predicts up to 22,500 private homes to be sold in 2023 with growth in prices at 5% to 8%.
APAC property market focuses on ESG amidst rising energy prices, regulatory goals
Tenants and employees seek sustainable and wellness-focused properties.
Singapore retail vacancy rates rise for the first time in almost a year
The retail vacancy rate hit 7.6% in Q1.
Why Seoul’s office transaction volumes crashed in Q1
The city’s KRW989.5b transaction in Q1 is a mere 26% of the volumes recorded the previous year.
Residential launches in Delhi more than doubled in Q1
Nearly 8,000 units were launched during the quarter.
Singapore has the priciest office fit-out costs in SEA
The Lion City’s fit-out cost for a basic hybrid is $113 (US$86 psf).
Hong Kong’s primary luxury residential volume to be extremely low this year
The market is likely to be dominated by distress sales.
Seoul prime office rents record highest increase since 2008
Face rents grew 8.1% in the first quarter of 2023.
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1. 8M Real Estate makes first move into suburban projects 2. APAC real estate investment volume hits USD39.5b in Q3 3. Bengaluru gross office leasing volume hits record highs in YTD Sep 4. Only these two cities recorded Q3 office rental growth in Southeast Asia 5. Hong Kong office rents to decline by up to 5% this yearResource Center
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