retail vacancy
Singapore's retail vacancy rate hits record highs in the Central Area
Singapore's retail vacancy rate hits record highs in the Central Area
Major retailers such as Naiise, Dimbulah Coffee and Manekineko had to shut down their stores.
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1. APAC real estate investment surges to highest quarterly level since 2021 2. Singapore private home prices rise 0.9% in Q1, beating flash estimates 3. Hong Kong home sales rise 9% to 18,654 units in Q1 4. Singapore prime retail rents to grow by 1-2% this year 5. Seoul prime office vacancy rises to 4% as CBD sees negative absorption in Q1Resource Center
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Ernst & Young’s Seng Leong Teh: Developers must acquire, build own proprietary data capabilities
He shares his insights on how Asia’s real estate players can maintain profitability whilst navigating intersecting industry pressures.