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The aging population is impacting supermarket retail sales performance.Hong Kong's retail market is experiencing a significant decline, with total retail sales in the first ten months of 2024 estimated to have dropped by 7.1% compared to the same period last year, according to Knight Frank.

The market will have time to absorb the existing supply.According to data from Cushman and Wakefield, in 2024, the Sydney market saw an addition of 176,000 sqm of new office space, primarily from the completion of the North Tower and South Tower at Metro Martin, which are largely pre-committed.

These units will come from 10 sites on the confirmed list.According to PropNex, the Singapore government has kept up with efforts in boosting private housing land supply in the first half of 2025 (1H 2025) by offering 8,505 units on its upcoming Government Land Sales (GLS) programme under the Confirmed List and Reserve List.

Demand is expected to be weak in 2025.

Thanks to rising occupier demand.According to a Cushman and Wakefield report, between 2023–24, office rents in Delhi NCR showed steady growth, scaling pre-COVID levels.

Thanks to five new residential projects launched during the month.

And annual land premiums are expected to reach HK$10-15 billion.

Declining rates, shifting capital flows, and niche assets are fueling regional momentum.

Analysts believe the market has yet to reach its bottom.

These projects will yield over 111,00sqm of new stock.

The growth is a lot slower than last year’s 10.5% increase.

Altaire Tower is expected to be completed in Q1 next year.

The total sales value was over HK$37 billion.

The fall was mainly driven by the one-north area.

It added 335 units to the city’s current stock.

The 2.8m sq ft of new supply will take time to absorb.