News
Jakarta retail supply remains stable at nearly 5m sqm as of Q3
Two new malls will add 85,000sqm by year-end.
Jakarta retail supply remains stable at nearly 5m sqm as of Q3
Two new malls will add 85,000sqm by year-end.
Singapore private non-landed residential rents could rise by up to 10%: Savills
Rents have already increased by 7% year-to-date.
Three things that prove the flight to quality trend persists in Australia’s office sector
Flight to core and flight to CBD themes are now more evident than ever.
Singapore’s 2023 total investment sales to fall short of S$25b forecast
The projection dropped 20% to S$19 to S$20 billion.
Singapore’s hospitality sector closes first ever investment deal of the year in Q3
It’s a deal worth over S$500m for the sale of PARKROYAL on Kitchener Road.
APAC hotel investments drop 29% to US$8.4b as of Q3
Nearly a third of the investments were recorded in Japan.
Jakarta apartment rents to grow by up to 3% in the next three years
This is due to the upcoming supply of new upscale serviced apartments.
Singapore office rents to decline by up to 3% in 2024
Rents are expected to soften as supply surges from both CBD and non-CBD areas.
Singapore’s biggest commercial real estate transaction in Q3 revealed
It was a deal worth S$908.0 million.
Hong Kong high street rents to increase by 8% for full-year 2023
Market recovery should gain momentum by the second half of next year.
What could drive mall occupancy rates in Jakarta in the near term?
There is a palpable eagerness for retailers to open new stores.
This sector accounted for almost half of Singapore’s property investments in Q3
The total investment volume in this sector reached S$3.43b during the quarter.
Singapore real estate investments hit over S$7b in Q3
This is double the investment levels in the previous quarter.
Hong Kong real estate investments continue to disappoint in Q3
Q3 recorded HKD5.3b worth of transactions in Q3, the third lowest investment quarter since 2013.
Singapore Grade A office vacancy hits record highs since Q1 2022
The vacancy rate reached 7.1% in Q3 2023.
Jakarta apartment take-up rate to remain at 88% in Q4
The apartment market is set to continue its sluggish performance.
Singapore office rents grow for the seventh consecutive quarter in Q3
Rents inched up by 0.1% during the quarter.