News
New Delhi’s retail property market shows promising signs of recovery
New Delhi’s retail property market shows promising signs of recovery
Occupancy levels are rising and rentals are returning to pre-COVID levels.
Singapore warehouse vacancies hit sub-10% for the first time in nearly 6 years
The rental index also saw the sharpest quarterly growth in 8 years.
Hong Kong primary residential transactions surge 172% in September
There were a total of 1,926 transactions worth HK$21.3 billion.
Automotive, tech firms scrambling for industrial land in Jakarta
There were at least 3 transactions of 13 hectares for data centre companies in Q3.
Singapore non-landed private home transactions slip 1.4% to 7,103 in Q3
Meanwhile, the price index inched up 0.5% to 159.6 during the quarter.
Living sector to take up one-third of global real estate investments by 2030
The sector is expected to overtake office and retail.
Hong Kong prime office rents record slowest rate of decline since 2019
Q3 rents slipped 1% in Hong Kong, whilst the rest of APAC markets saw uneven recovery.
How are retail rents faring in Tokyo’s regional cities?
Average rents increased 9% to JPY26,350 per tsubo in H1 2021.
Singapore private residential transactions smash 9-year record in Q3
Transactions totalled 9,083 units, the highest since the 10,274 units in Q3 2012.
Jakarta office rents on a downward streak for over two years now
But rental declines are now slowing with only a 0.6% drop in Q3.
Tokyo retail prospects remain grim as high vacancy rates persist
Out of all the regional markets, Sapporo is in the worst position.
New Delhi gross office leasing surges 40% in Q3
One-fifth of the transactions were term renewals.
Singapore property auction listings down 26.5% to 150 in Q3
Success rates also dropped to 4.7% during the quarter.
Jakarta’s retail occupancy rate drops to 71.2% in Q3
This is a 7% decline from the start of the pandemic in Q2 2020.
Hong Kong residential sales up 5.4% to 5,844 units in September
A notable luxury transaction was an apartment sold for HKD160m.
Singapore CBD retail rents down 4.8% in the first nine months of 2021
Island-wide prime retail rents slipped 1.9% QoQ to S$25.70 psf pm in Q3.
Indonesian residential developers find new creative ways to promote projects
Some have been using online channels like Instagram and TikTok.
Commentary
From petri dish to playbook: What the great global workplace experiment taught us