News

Here's a rundown of how APAC retail rents fared in Q4 2020

Rents declined for the fifth consecutive quarter.

Wharf REIC net profits drops 24%

Its occupancy rates in its Hong Kong and Singapore properties remained high due to steady demand.

Perth home prices to see double digit growth for the first time in 11 years

Perth is expected to lead the Australian housing market’s recovery this year.

Future office spaces should cater to these 4 types of workers

The post-pandemic office will have to provide highly tailored solutions. According to JLL, expectations of the workplace are radically different according to employees’ appetite for remote-working options.

Why property investors are doubling down on joint ventures

27% of investors plan to increase their involvement in partnerships.

APAC to host a quarter of the world's ultra rich by 2025: Knight Frank

Individuals in APAC with a net worth of over US$30m are expected to grow 33% in the next five years.

Australia, Singapore most sought-after locations for APAC homebuyers

One in five ultra rich individuals in APAC plan to buy a new house this year.

4 key demand drivers for Singapore's office market in 2021

Net absorption is expected to rebound this year.

APAC office leasing volumes down 25% in 2020

Leasing recovery will depend heavily on the efficacy of vaccination programs this year.

New housing loan commitments in Australia hit record high in January

Commitments for owner occupier housing rose 10.5%. The January 2021 Lending to Households and Business figures released by the Australian Bureau of Statistics show that the value of new loan commitments for housing grew for the eighth consecutive month and reached another record high, according to the Real Estate Institute of Australia (REIA).

APAC prime residential prices maintain rise amidst pandemic

Auckland leads index in Q4 2020, with prime growth of 18%.

Indonesian office tenants downsizing by up to 30% upon lease renewal

They’re also asking for further lease flexibility to manage risks.

Singapore office rents could “fare better than anticipated” in 2021: Savills

Headline CBD Grade A office rents are projected to fall by 5% to 6% this year..

First time homebuyers in Australia increased market share by 50.4% in 2020

They were motivated by low interest rates and other incentives.