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Singapore Grade A office rents’ rate of decline at its slowest since 2019
Singapore Grade A office rents’ rate of decline at its slowest since 2019
Gross effective rents slipped by 0.4% to S$9.37 psf in Q2 2021.
Major APAC property markets show signs of sustaining recovery
Find out how Japan, Singapore, Australia, and other key markets fared in Q2.
Vietnam now among top 10 fastest growing markets for branded residences
Stock has risen 11% per annum from 2017 to 2021 to reach over 2,200 units.
Office rental contract values down but leasing volume up in Singapore
Tenants are renegotiating rents and reducing office spaces instead of vacating them.
India’s gross office leasing drops 16.9% as second wave of COVID persists
But Hyderabad bucked the trend with office leasing doubling in Q2.
Hong Kong home sales down 0.2% to 7,579 units in July
There were limited project launches during the month and sell-through rates were modest.
APAC prime warehouse rents to remain stable until end-2021
Rents are proving resilient, slipping only by a marginal 0.1% in the first half of the year.
Singapore’s top 10 best-selling residential projects in July
Pasir Ris 8 topped the list with 85% of its total inventory sold.
How Hyderabad’s residential market remained resilient amidst the pandemic
New launches were at record highs in 2020 and launches have now reached 83% of last year’s levels.
Philippines’ lacklustre office absorption dampens residential demand
Residential vacancy increased from 15.6% in Q4 2020 to 16.3% in Q2 2021.
Singapore private new home sales nearly doubles in July
1,589 new homes were sold in July, almost twice the 872 units sold in June.
South Korea’s data centre IT load to increase by 700MW this year
Data centre vacancy is already approaching zero in the Seoul Metropolitan Area.
APAC investment volume surges 99% to US$41b in Q2 2021
A quarter of the volume consists of large-ticket transactions of over US$1b.
Bangkok’s prime retail occupancy rates nearly hit pre-pandemic levels
Average occupancy rate was 98.7% in Q2 2021, almost the same level of 99.1% in Q1 2020.
Investors back out of 5-star hotel developments in Taiwan’s urban areas
One 5-star hotel project was turned into a Grade A office building instead.
Kuala Lumpur to see 13 new malls over the next three years
This translates to at least 8.9m sq ft of NLA, and more than half will be completed this year.
How Singapore offices’ passing rents impact investment decisions
Savills provides an analysis on yield compression using assumed passing rents.
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