News
Manila retail net absorption hits 285,400sqm in 4Q21
This is the highest figure in the last six quarters.
Manila retail net absorption hits 285,400sqm in 4Q21
This is the highest figure in the last six quarters.
Melbourne records positive office net absorption for third consecutive quarter
Melbourne CBD office saw net absorption of 12,700 sqm in 4Q21.
Seoul to see 1.5 million pyung of new logistics centres by end-2022
These will be concentrated in the South-east and the West sub-markets.Â
Why it is still challenging to find tenants in Singapore’s business parks
The vacancy rate in the East Planning Region business parks increased to 21.5% in 4Q21.
Kuala Lumpur to see 4m sq ft of new office space supply this year
Vacancy rates are then expected to rise further.
Tokyo’s 2021 industrial net absorption almost reaches pre-COVID levelsÂ
Net absorption hit over 1.9m sqm in 2021.
Singapore private residential rents on an uptrend for fifth consecutive quarter
Rents increased 2.6% in the final quarter of 2021.
Jakarta Grade A office rents decline 8.1% for full-year 2021
Rent decreased 2.5% in the final quarter of the year.
The Philippines’ data centre capacity to triple in the next few years
Several facilities are expected to be built, which will expand the country’s current capacity of 96MW.
Singapore’s 2021 residential leasing volume hits highest level since 1999
Leasing volume increased 6.5% y-o-y to 98,569 in 2021
Brisbane’s office leasing market dominated by large occupiers
Tenants requiring over 1,000sqm accounted for 8,900 sqm of gross take-up in the CBD alone.
Multiple-user factory rents in Singapore to increase by 2% this yearÂ
Meanwhile, warehouse & logistics rents could grow 3%.
Delhi NCR to see 9.3m sq ft of new office space in 2022
This supply pipeline will largely be in the Gurgaon and Noida submarkets.
Hanoi Grade A office vacancy rate drops by 1.7% in 4Q21
Thanks to the strong demand for large spaces from the banking and tech sectors.
Private residential completions in Singapore almost doubles in 2021
A total of 6,388 units were completed in 2021, nearly double 2020’s 3,433 units.
Seoul and Taipei among the top 10 markets with the largest growth in luxury home prices
They are the only two Asian cities that made it to the 2021 list.
Singapore industrial leasing volume reaches record highs in 2021
Total annual leasing volume increased 18.8% to 13,081 transactions during the year.