Commercial Office
Singapore Grade A office vacancy rate increases to 5.1% in Q2
CBD office rents also rose 1.6% q-o-q.
Singapore Grade A office vacancy rate increases to 5.1% in Q2
CBD office rents also rose 1.6% q-o-q.
Mumbai office leasing volume hits 3-year high of 6.39msf in H1
Gross leasing volume was at 2.99msf in Q2 alone.
Singapore Grade A office rents to increase 5.4% this year
Grade B office rents are likewise expected to grow by 2.7%.
This is the prevailing trend in Kowloon’s office property market
Firms are after building upgrades and space optimisation.
HCMC Grade B office net absorption skyrockets to 17,764sqm in Q2
It was a huge jump from the 1,142sqm recorded in Q1.
Delhi office leasing activity up 7.4% to 3.4msf in Q2
Net absorption also increased 1.2% to 1.3msf during the quarter.
Hong Kong Island prime office rents slip 0.7% in H1
But overall rents in Central and Admiralty inched up 0.4%.
The Philippines’ office net absorption finally turns positive after seven quarters
Net take-up was at 26,400sqm in Q2.
Finance, tech firms drive Singapore office demand in H1
They accounted for over half of leasing activity in the CBD.
Sydney CBD prime office rents rise 2.1% in Q2
This is the fastest increase since 2017.
Klang Valley, Malaysia records 111.4m sq ft of office supply as of H1
Another 10 office buildings are slated for completion in H2.
Singapore Grade A office rents to breach pre-pandemic peak by Q3
Rents rose for the fifth consecutive quarter in Q2.
Tokyo office rental decline to reach an equilibrium soon: Savills
Grade A office rents declined 1.4% in Q2.
Tokyo Grade B office rents down 2.1% in Q2
Chiyoda recorded the largest decline of 3% amongst all submarkets.
Tokyo CBD’s flex space stock now at 417,490sqm
The supply has increased two-fold since the pandemic started.
What is the five-minute workplace all about?
Amenities around the office are a key consideration for landlords these days.
Hong Kong office vacancy rate up 0.4ppt to 11.12% in Q2
Net absorption was at -176,300sq ft as weak demand persists.
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