News
Demand for luxury apartments in Delhi surges 114% in Q1
A majority of the sales were from Gurgaon.
Melbourne retail completions to jump 76% in 2023
But completions will still be below historical levels till 2025.
Manila residential vacancy rate declines 50bps to 9.4% in Q1
Thanks to local professionals’ activation of leases.
Seoul shopping mall rents returns to pre-pandemic levels
Rents inched up 1.1% in Q1.
Hong Kong luxury residential rents to decline by up to 5% this year
The lacklustre activity recently does not bode well for the market.
Sydney’s retail space completion at its lowest levels in two years
There was only 15,700sqm worth of retail space completed in Q1.
Mumbai retail rents inch up 0.4% in Q1
Net absorption was at 301,600 sq ft in the same period.
This mall alone contributed 889,100 sq ft to Kuala Lumpur’s retail stock
Vacancy rates in the City Centre submarket increased slightly to 17.5% in Q1.
Perth’s retail supply pipeline remains elevated amidst uncertainties
Plans for seven new projects yielding 89,300sqm have been approved.
Bangkok unsold condo inventory down to 3,348 units
The unsold market inventory dropped to 4.8% in Q1.
Mumbai prime residential launches up 18.8% to 1,042 units in Q1
South Central Mumbai accounted for 40.4% of all new launches.
What’s driving retail space demand in Ho Chi Minh City?
Net absorption reached 14,000sqm in Q1.
Manila prime retail market plagued by pull-outs in Q1
As a result, net absorption reached -7,300sqm during the quarter.
Tokyo retail rental decline slows down in Q1
Rents slipped for the eighth consecutive quarter to reach JPY 73,233 per tsubo per month in Q1.
Singapore prime residential prices up 0.6% in Q1
Typical prime non-landed residential prices also inched up 0.9%.
Hong Kong is the priciest housing market in 2021: study
Following Hong Kong were Sydney and Vancouver.
Get to know the top industry players in the Asia Pacific at the Real Estate Asia Awards!
The winners were awarded via digital presentations.
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