Grade A office
Prime office buildings to lead rental recovery in Hong Kong’s CBD
Rents of Grade A1 offices in the area grew 3% from May-July 2021.Â
Prime office buildings to lead rental recovery in Hong Kong’s CBD
Rents of Grade A1 offices in the area grew 3% from May-July 2021.Â
Manila’s office vacancy rate reaches record highs since 2005
It surged 726bps to 12% in Q2 2021.
This district recorded the biggest office rental decline in Hong KongÂ
Rents in this area fell 5.6% in Q2.
Seoul sees robust office occupier demand, investment sentiment in Q2
All major submarkets in the city recorded positive net absorption during the quarter.
What’s driving office occupier demand in Vietnam?
Large transactions of up to 1,000sqm are keeping the market alive.
Tokyo’s Grade A office rents take a hit from pandemic woes, new office supply
Rents in the Tokyo central five wards fell 1.7% in Q2 2021.Â
Singapore prime office occupancy rate rises for the first time since COVID hit
Occupancy rate in the Raffles Place / Marina Bay precinct reached 94.3% in Q2.
Tokyo Grade A office rents down 1.7% in Q2 as secondary vacancies emerge
Demand from big firms declined as more employees work remotely.
Singapore Grade A office vacancy rate hits record high since 2018
Vacancies reached 4.6% in Q2 2021, the highest since the 4.9% rate recorded in Q1 2018.
Hong Kong Grade A office rents slip 2.6% in Q2
Hong Kong Island rents saw the lowest rate of decline since Q1 2020.
Hong Kong records positive office absorption for the first time since 2019
Overall net absorption was 116,300 sq ft in May.
Taipei Grade A office vacancy at a record low of 2.1% in Q1
Market supply is expected to further tighten until 2023.
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1. APAC demand for flex offices up 13% over the past 5 years 2. Japan new hotel supply growth to underperform 10-year average of 3.7% 3. Hong Kong office vacancy rates could surpass 20% by 2027 4. Singapore prime logistics rents up 3.6% in Q1 5. Singapore real estate investment sales to exceed $25b in 2024Resource Center
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EY’s Seng-Leong Teh emphasises focus on resilience, tenant mix management amidst challenges
![EY’s Seng-Leong Teh emphasises focus on resilience, tenant mix management amidst challenges]()
Co-Written / Partner
Discover the insights of Seng-Leong Teh as he navigates the challenges and opportunities shaping the industry today.
Discover the insights of Seng-Leong Teh as he navigates the challenges and opportunities shaping the industry today.
