News
Jakarta finally breaks its year-long new office supply drought
A 47,439sqm building completed in Q3 after a year with no new supply.
Perth retail completions still well below the 10-year average of 77,400sqm
Completions only totalled 20,700sqm over the last 12 months.
Large-scale malls dominate Kuala Lumpur’s 2023 supply pipeline
The malls have an average of 1 million sq ft of net lettable area.
Taipei office vacancy rate to remain healthy at 3-5% over the next three years
The supply pipeline is healthy until 2027.
Ho Chi Minh luxury apartment capital values to rise 5.7% by end-2023
It’s expected to hit USD3,498 per sqm.
Luxury hotels slowly making a comeback in Tokyo
Two international luxury hotels are slated to open next year.
Melbourne to see 1,480 new residential units by Q4
Over 1,500 units were already completed so far this year.
Hanoi’s prime retail supply remains in non-CBD areas
The total supply is stable at 1.1 million sqm.
Here are the new malls to watch out for in Bengaluru in the next two years
Over 4 million sq ft of new supply is expected to come onstream in the Suburbs submarket alone.
Half of incoming rooms in Jakarta this year are from serviced apartments
Six lodging facilities are expected to open before the year ends.
Kuala Lumpur to see over 3m sq ft of new office supply by 2023
Vacancy rates are likely to remain elevated.
Retail rents in Ho Chi Minh City breach pre-pandemic levels
Rents grew 1.1% to USD 79.1 per sqm per month across the city.
Myeongdong retail vacancy rate surges to 42.1% as Zara exits
Vacancy rates in Seoul increased during Q3.
Bangkok welcomes three new luxury hotels in Q3 alone
These properties account for a total of 518 keys.
Mumbai prime residential launches rise 23.4% to 3,755 units in Q3
Eastern Suburbs I accounted for 31.5% of the launches.
Tokyo retail rents increase for the second consecutive quarter
Rents grew 1.6% in Q3.