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Jakarta has nearly 3 million sqm of unabsorbed office space in 2023
Almost 70% of these are located in the CBD
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.
HK industrial leasing slows amidst Chinese economic downturn
Soft demand from Mainland China and high capital expenditure in Hong Kong equals drop in leasing volume.
APAC office demand to reach pre-pandemic levels in 2024
This demand will be driven by strong growth in India, recovery in China and steady demand in other markets in APAC.
Here’s what to expect from regional Japanese office markets this year
Osaka will be in focus as massive amounts of supply are slated for completion.
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EY’s Seng-Leong Teh emphasises focus on resilience, tenant mix management amidst challenges
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Co-Written / Partner
Discover the insights of Seng-Leong Teh as he navigates the challenges and opportunities shaping the industry today.
Discover the insights of Seng-Leong Teh as he navigates the challenges and opportunities shaping the industry today.
