News
Melbourne sees largest increase in CBD office stock in three decades
Melbourne sees largest increase in CBD office stock in three decades
Five more new projects are currently under construction.
F&B retailers drive Jakarta’s positive net demand in Q1
Several businesses opened new stores during the quarter.
Why 2023 is a significant year for Tokyo’s office supply
The supply influx for this year is expected to be a ‘headache’.
Offices to re-emerge in CBDs as companies de-densify post-pandemic
The offices in Central Business Districts will again become social and business hubs, says JLL.
Singapore condo rents see fastest quarterly growth in over a decade
Rents increased 2.4% in Q1.
Brisbane’s Q1 industrial leasing volumes breaches 10-year first quarter average
All thanks to pent up demand from groups that were hesitant to lease space last year.
How Korea’s flex space market fared amidst the pandemic
Several co-working space operators recently opened new branches.
Asia’s industrial net absorption records highest first quarter total in years
Net absorption in the region reached 15.6m sq ft in Q1 2021.
Vietnam to see more prime apartments at record-high prices this year
For one, Masterise Group’s Grand Marina project is expected to sell at an all-time high of USD 16,000 per sqm.
Why did Singapore prices and transaction volumes increase in 2020?
Savills provides a short narrative to explain the phenomenon.
Manila records lowest residential vacancy since the pandemic hit
Vacancy improved to 9% in Q1 2021, the lowest since Q2 2020.
Hong Kong industrial vacancy rate improves to 2.3% in Q1
Grocery retailers expanded aggressively and there were fewer short-term leases of 6 to 24 months.
Luxury hotels to comprise a third of Kuala Lumpur’s new openings this year
Notable upcoming openings include lyf Raja Chulan Kuala Lumpur and Crowne Plaza Kuala Lumpur City Centre.
Singapore home prices see largest quarterly growth since 2018
Private home prices increased 3.1% in Q1, thanks to a 6.7% hike in landed property prices.
Tokyo industrial records sub-1% vacancy rates for sixth consecutive quarter
Greater Tokyo reported a vacancy rate of 0.9% in Q1.
APAC retail rents slip 0.4% in Q1
It’s a slower rate than the 2.1% drop recorded in the previous quarter.
High-end residential launches in New Delhi more than doubled in Q1
Gurgaon accounted for 65% of the new launches’ sales.