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Tokyo’s office capital values drop for fourth consecutive quarter
Tokyo’s office capital values drop for fourth consecutive quarter
Capital values decreased 3.1% in 1Q21.
Is the worst finally over for Singapore office rents?
Rents are estimated to have risen 1.2% in Q2, the first ever increase since the pandemic hit.
7 in 10 APAC firms willing to pay more to rent a green building
Corporate occupiers currently pay a 7-10% rental premium in green buildings.
Manila retail vacancy rate reaches 15-year high of 7% as store closures persist
This is the highest recorded vacancy rate since 2006.
APAC property demand to be bolstered by booming life sciences sector
Tokyo, Singapore, and Melbourne are among the top 5 life sciences hubs in the region.
Taipei Grade A office vacancy at a record low of 2.1% in Q1
Market supply is expected to further tighten until 2023.
Tokyo hotel vacancies down to 19.3% in Q1
It was a moderate improvement from the 40% vacancy rate the previous quarter.
3 in 10 APAC businesses to increase property portfolios over the next three years
And 1 in 2 plan to relocate their APAC headquarters.
Sydney CBD office market records highest prime incentive levels since 2015
Prime incentives reached 31.1% in the Sydney CBD in Q1.
Negative rent growth drags Tokyo retail capital values
Capital values were down 18.1% in Q1, the sixth consecutive quarter of decline.
Which office submarket in Seoul showed the most robust leasing demand?
Net absorption in Yeouido increased the most in Q1.
This is the third most expensive condo unit sold in Singapore since 1995
It was a 548 sqm unit at Park Nova sold for S$34.4m in May 2021.
Melbourne sees largest increase in CBD office stock in three decades
Five more new projects are currently under construction.
F&B retailers drive Jakarta’s positive net demand in Q1
Several businesses opened new stores during the quarter.
Why 2023 is a significant year for Tokyo’s office supply
The supply influx for this year is expected to be a ‘headache’.
Offices to re-emerge in CBDs as companies de-densify post-pandemic
The offices in Central Business Districts will again become social and business hubs, says JLL.
Singapore condo rents see fastest quarterly growth in over a decade
Rents increased 2.4% in Q1.
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1. Investors turn to safe-haven branded homes 2. APAC office demand soars by 15.9% to 8.8m sqm in 2024 3. Japan hotel investments account for a fifth of 2024 total property transactions 4. Singapore private home prices to rise by 3-4% in 2025 5. Hong Kong residential sales decline 11.7% to 3,200 transactions in FebruaryResource Center
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