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Singapore’s 2022 prime retail rents still 9.2% below pre-pandemic levels
Singapore’s 2022 prime retail rents still 9.2% below pre-pandemic levels
Islandwide rents grew 1.6% to $25.15psf per month in 2022.
Mumbai sees lowest annual office completions in five years
Only 3.69 million sq ft of projects were completed in 2022.
This is the most significant residential transaction in Hong Kong in Q4
It was a sale of a site on the Peak for HK$1 billion.
Singapore office investment volume hits 6-year high in 2022
Investments surged 54% to $7.3b for the whole year.
Fresh leases dominate Delhi’s retail leasing activity in Q4 2022
Almost 57% of all mall leasing activity was from new leases.
Hong Kong office rents dip 0.4% in December
Meanwhile, the vacancy rate increased to 12.1%.
Singapore’s 2022 office net absorption of 1.15m sq ft breaches records
It’s almost 4 times 2021’s net demand and is 18% higher than the 10-year average.
These segments drove Q4 retail leasing activity in Mumbai
Around 68,000 sq ft of leasing activity was recorded during the quarter.
Hong Kong to see the highest annual retail supply in 20 years
Nearly 4 million sq ft of new supply is expected to come online this year.
Malaysia records 2,560 industrial units under construction
Another 1,702 units are in the planning stage.
Hong Kong luxury apartment rents to rise by up to 5% by year-end
Rents will be subdued in the first half of the year.
Singapore prime office rents grow 5.5% in 2022
Occupancy levels also remained healthy.
How Malaysian retail is adapting to consumers’ changing behaviours
From concept stores to niche groceries to digitalisation efforts, retailers are going all out.
This building is set to be one of Hong Kong’s largest logistics centres
It has a gross floor area of 3.8 million sq ft.
Hong Kong investment volumes to increase by 5% in 2023
But don’t expect much growth just yet early in the year.
Further rental pressure looms for Malaysia’s office market
Blame it on the persistent supply-demand mismatch.
Japanese cities emerge as one of Singapore investors’ top destination in 2022
Office and logistics buildings were the commonly acquired properties.
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1. APAC real estate shows early signs of cyclical shift as cap rates stabilise 2. Tokyo office rents set to surpass pre-pandemic levels in 2026 3. Singapore CBD Grade A office rents rise for seventh straight quarter 4. Singapore CBD Grade A office vacancy falls to 6.7% in Q4 5. Philippine industrial market shows wide rent range across regionsResource Center
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