News

Singapore industrial sales drop 4.9% to S$661.5m in Q2

Multiple-user factories were the outperformers during the quarter.

Hong Kong industrial vacancy hits 8-year low of 1.4% in Q2

This is despite a slow leasing momentum in the quarter.

Kuala Lumpur to see over 2,200 new hotel keys this year

One of the key openings will be the 527-room Parkroyal Collection.

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.

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.

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.

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.