News
Mumbai to see 6m sq ft of new office space this year
Mumbai to see 6m sq ft of new office space this year
There was a total of 2m sq ft of new supply added in Q1 alone.
Canberra office vacancy rate hits 14-year low of 5.5% in Q1
Net absorption reached a total of 12,600sqm during the quarter.
Hong Kong home sales up 59.1% to 6,202 units in May
The growth was driven by a number of new launches during the month.
Taipei Grade A office rents to increase 2-4% in three years
The Xinyi District is leading rental growth.
Brisbane industrial demand below 10-year quarterly average
Occupier demand was at 108,400sqm in Q1.
Tokyo office rents continue downward streak for eight consecutive quarter
Rents slipped 1.2% in Q1 2022.
Hong Kong warehouse rents slip 1.5% in Q1
The vacancy rate also declined from 1.5% to 0.9%.
Sydney net office absorption drops to -8,900sqm in Q1
Blame it on major occupiers vacating their offices.
Seoul’s Q1 office leasing activity “outstanding”: JLL
Net absorption has been positive for the past eight quarters.
Hong Kong mass residential prices could hit new highs this year
Consumer sentiment is likely to turn positive in the second half of 2022.
Singapore new home sales hit 6-month high in May
There were 1,356 private homes sold last month.
Perth CBD office vacancy rate up 0.6ppts to 19.7% in Q1
New office stock completions drove vacancies up.
Manila net office absorption finally turns positive in Q1 at 216,900sqm
Net absorption has been negative for four consecutive quarters.
Mumbai prime residential launches up 18.8% to 1,042 units in Q1
South Central Mumbai was the top contributor to this quarter’s new launches.
Singapore Prime Orchard retail rents to grow by 3% this year
Prime Suburban rents are also expected to rise by 2%.
Flight-to-quality still dominates Kuala Lumpur’s office market
Various submarkets continue to experience this trend.
Jakarta office rents down 2.8% in Q1
Rents are expected to continue on a downward trend for the rest of the year.