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This is the real reason behind Hong Kong luxury residential rents’ rally in Q2
This is the real reason behind Hong Kong luxury residential rents’ rally in Q2
Rents on Hong Kong Island and in Kowloon inched up 1% and 2.5%, respectively.
Serviced apartments to account for 41% of new hotel rooms in Jakarta
Approximately 1,550 new rooms will enter the market this year.
Why Delhi NCR’s office sector is attracting more institutional investments
There was a total inflow of USD169 million in 2021.
Singapore private home prices rise 3.2% in Q2
This is a strong growth compared to the 0.7% increase in Q1.
Sydney hotel occupancy improves to 40.5% in Q1
Occupancy was at 37.4% in the same period last year.
Bangkok to see almost 30 new hotels this year
This equates to 7,000 keys.
Demand for luxury apartments in Delhi surges 114% in Q1
A majority of the sales were from Gurgaon.
Melbourne retail completions to jump 76% in 2023
But completions will still be below historical levels till 2025.
Manila residential vacancy rate declines 50bps to 9.4% in Q1
Thanks to local professionals’ activation of leases.
Seoul shopping mall rents returns to pre-pandemic levels
Rents inched up 1.1% in Q1.
Hong Kong luxury residential rents to decline by up to 5% this year
The lacklustre activity recently does not bode well for the market.
Sydney’s retail space completion at its lowest levels in two years
There was only 15,700sqm worth of retail space completed in Q1.
Mumbai retail rents inch up 0.4% in Q1
Net absorption was at 301,600 sq ft in the same period.
This mall alone contributed 889,100 sq ft to Kuala Lumpur’s retail stock
Vacancy rates in the City Centre submarket increased slightly to 17.5% in Q1.
Perth’s retail supply pipeline remains elevated amidst uncertainties
Plans for seven new projects yielding 89,300sqm have been approved.
Bangkok unsold condo inventory down to 3,348 units
The unsold market inventory dropped to 4.8% in Q1.
Mumbai prime residential launches up 18.8% to 1,042 units in Q1
South Central Mumbai accounted for 40.4% of all new launches.
Most Read
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. Mumbai prime retail leasing surges 82% 4. Singapore CBD Grade A office rents rise for seventh straight quarter 5. Singapore CBD Grade A office vacancy falls to 6.7% in Q4Resource Center
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