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Seoul data centre capacity slated to triple in the coming years
Seoul data centre capacity slated to triple in the coming years
The city currently has 515MW of capacity.
Real estate boosts women's executive promotions over past year
Firms have a 5% yearly rise in formal strategy adoption.
Slow sales drag retail property market although leasing rates “strong”
Structural change and shifts in visitors are some challenges the market may face.
HFCs in India anticipate 12% to 14% growth amidst housing loan momentum
It is mainly fueled by continued momentum in housing loans and an expected revival in developer loans.
Thailand logistics records negative net absorption for the first time in five years
Net absorption was at -31,800sqm in H2 2023.
Korean logistics transaction volume hits over USD6.4b in 2023
This is approximately the same level seen in the previous year.
Singapore retail vacancy hits record lows since 2014
The vacancy rate was at 6.5% in Q4.
Hong Kong 2023 commercial property transactions breach 2022 levels
Transactions in 2023 totalled HK$31.1 billion.
Korean cold storage rents decrease by 7.9% in 2023
Dry storage rents also declined by 1.3%.
Thailand ready-built warehouses increase by 6.3% in H2 2023
Total supply hit 5.7m sqm.
Singapore new home sales drop 47% to 149 units in February
This is the lowest monthly sales since December 2023.
Korea total logistics stock reaches over 35m sqm in 2023
Majority of the gross floor area is in the Seoul Metropolitan Area.
Hong Kong residential sales volume to reach up to 65,000 units in 2024
Developers are expected to launch primary projects as sentiment improves.
Kuala Lumpur’s pipeline to be dominated by suburban malls
Over 3 million sq ft of new stock is expected to come from the suburban market.
Singapore industrial rental index hits highest annual growth in 11 years
The index grew by 8.9% in 2023.
Melbourne apartment supply to stay moderate for the next few years
Supply is expected to fall short of demand.
Perth to see 16,800sqm of new retail supply by 2025
This is from two major developments.
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1. Singapore is the priciest flex office market in APAC 2. China new home sales are set to fall as values drop to 7-8% 3. Mumbai to see 1.9m sq ft of new premium retail stock over the next four years 4. Around 5,000 new prime apartments to enter the Ho Chi Minh City market in 2025 5. Bengaluru warehouse stock to reach 70m sq ft this yearResource Center
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