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Singapore HDB resale prices up 9.6% in 2024
Singapore HDB resale prices up 9.6% in 2024
This growth rate is almost double that of 2023’s 4.9%.
Korean new logistics supply projected to have reached 3.8m sqm in 2024
This is only 63% of 2023 totals.
India’s data centre capacity to hit 3,250 MW IT by 2030
This represents a CAGR of 23% from H1 2024.
Hong Kong to see an influx of 4m sq ft of new offices until 2026
This is expected to put pressure on office rentals.
Singapore HDB resale volume declines by 3.6% to 6,314 units in Q4 2024
The decline was due to over 8,500 new flats launched in October.
Singapore private residential prices record slowest annual price growth since 2020
Prices increased by 3.9% for full-year 2024.
Manila annual office absorption to rise by 36% from 2025 to 2029
That is compared to absorption levels between 2020 and 2024.
Bangkok to see 550,000sqm of new office space next year
The current supply stands at 6.3m sqm as of Q3 2024.
Distressed sales to attract investor attention in Hong Kong next year
Unsold luxury residential units are expected to be the key focus.
New office supply in Japan’s regional markets to be moderate in 2025
This should allow existing supply to be absorbed.
Australian CBDs record steepest declines in prime retail rents in APAC
Sydney and Melbourne, in particular.
Kuala Lumpur office rents to dip in 2026
This is due to an influx of new supply.
Mumbai cumulative office supply to reach 14-15m sq ft in the next two years
Vacancy rates are expected to be within range.
Sydney’s 2025 retail completions to be 33% higher than 2024 totals
A total of 22,500sqm of new retail space entered the market in Q3.
Osaka to see rising office vacancy rates until Q3 2025
And rents are expected to decline gradually.
Singapore CBD office supply to tighten until 2027
New supply won’t rise again until 2028.
Grade A office rents on Hong Kong Island to decline by up to 3% in 2025
The market’s absorption capacity will be tested next year.
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1. 8M Real Estate makes first move into suburban projects 2. Bengaluru gross office leasing volume hits record highs in YTD Sep 3. APAC real estate investment volume hits USD39.5b in Q3 4. Only these two cities recorded Q3 office rental growth in Southeast Asia 5. Hong Kong office rents to decline by up to 5% this yearResource Center
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