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Gross take-up of industrial spaces in Sydney hits record highs in Q2 amidst e-commerce boom
Gross take-up of industrial spaces in Sydney hits record highs in Q2 amidst e-commerce boom
Sydney recorded a total of 476,300 sqm of gross take-up in 2Q20, more than six times higher than the 1Q20 total and more than twice the 10-year quarterly average.
Thailand's unsold rate for condos at its highest since 2011
The unsold rate hit 2.8% in Q2 as over 1,700 units remained unsold.
Office rents in Hong Kong, Sydney, Jakarta, Manila to decline by over 10% by end-2020
Weighted average APAC rents should fall 5% over 2020.
Hotel investment sales in Asia plummet 71.7% to US$1b in Q2
The most liquid markets were Japan and South Korea.
Tokyo residential rents to stay ‘flattish' as the economy recovers: Savills
Meanwhile, occupancy should hold at the lower end of the 96%-98% range.
New office supply in APAC up 12% YoY in Q2, driven by India and Melbourne CBD
Aggregate new supply in the 19 APAC cities that Colliers tracks closely reached about 1.42 million square metres in Q2 2020.
Philippine logistics demand to grow by 160,000sqm annually over the next 10 years
E-commerce firms and third-party logistics are driving the demand for high-specification spaces.
Singapore sees significant demand for larger flats in mature estates
Competition is tough for units in Ang Mo Kio and Geylang.
Rents for Singapore's high-spec industrial spaces decline for the first time in three years
Average monthly rent was down by 0.3% QoQ to S$3.48 per sq ft.
Office space absorption in APAC to drop 41% over 2020
Absorption fell 56% QoQ to 0.48 million square metres in Q2.
APAC retail sector poised for sluggish recovery post-COVID
Retail rents are expected to fall sharply in major cities in APAC.
Tokyo's 2020 office supply to reach 17-year high but high occupancy eases glut concerns: Savills
Well over 95% of the supply has already been filled or pre-leased, whilst existing supply has little vacancy.
Hong Kong home prices to drop 5% as unemployment reaches record highs
Knight Frank says there is a strong negative correlation between mass residential prices and unemployment.
Rental growth rate in Tokyo's prime office market at its lowest since 2016
Grade A office rents inched up by a mere 0.2% in Q2 2020.
Singapore strata office unit sales drop to a measly 79 in H1 2020
This translates to a total transacted value of S$272.2m, down 42.3% from S$471.4m in H2 2019.
Indian residential market to rebound within six months; Bengaluru and Chennai to lead the recovery
Demand for homes in the affordable and mid segments is expected to drive the market.
APAC office sector's net absorption hits decade-low in H1
It fell 34% to 16.3 million sq ft, no thanks to tenants cutting costs amidst the pandemic.
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1. APAC 2025 luxury hotel deals reach near pre-pandemic highs at US$2.1b 2. Fewer launches fail to dent buyer appetite in Singapore housing market 3. Delhi NCR to welcome nearly 3m sq ft of new retail supply this year 4. Singapore new home sales hit lowest levels since Q2 2025 5. Non-landed homes drive Singapore residential price gainsResource Center
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