News
APAC property market focuses on ESG amidst rising energy prices, regulatory goals
APAC property market focuses on ESG amidst rising energy prices, regulatory goals
Tenants and employees seek sustainable and wellness-focused properties.
Singapore retail vacancy rates rise for the first time in almost a year
The retail vacancy rate hit 7.6% in Q1.
Why Seoul’s office transaction volumes crashed in Q1
The city’s KRW989.5b transaction in Q1 is a mere 26% of the volumes recorded the previous year.
Residential launches in Delhi more than doubled in Q1
Nearly 8,000 units were launched during the quarter.
Singapore has the priciest office fit-out costs in SEA
The Lion City’s fit-out cost for a basic hybrid is $113 (US$86 psf).
Hong Kong’s primary luxury residential volume to be extremely low this year
The market is likely to be dominated by distress sales.
Seoul prime office rents record highest increase since 2008
Face rents grew 8.1% in the first quarter of 2023.
Mumbai office leasing plummets 32% to 3.05msf in Q1
Smaller sized transactions dominated fresh leases.
Singapore Q1 office rental growth maintains its momentum from 2022
The office rental index grew 5.1% in Q1.
Here’s what to expect from Seoul’s office property sector this year
Find out which projects are slated for completion.
Delhi sees 0.22msf of new retail supply in Q1
One new mall hit over 90% occupancy within its first few months of operations.
Oversupply woes loom for Hong Kong’s residential sector in the coming years
Over 100,000 units will be available against an annual demand of 18,000.
Mumbai residential launches up 16% to over 19,000 units in Q1
This is in line with the quarterly average over the past year.
Net absorption in Seoul CBD’s office sector falls for the first time since 2021
It stood at -2,700sqm in Q1 2023.
Singapore private home prices rise for the 12th consecutive quarter
Home prices grew 3.3% in Q1 2023.
Delhi NCR office leasing volume drops 27% to 2.9msf in Q1
Fresh leases accounted for 86% of the activity during the quarter.
Fresh leases dominate Mumbai’s Q1 retail leasing activity
The demand for fresh leases primarily came from fashion and F&B.