News

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).

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.

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.

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.