Commercial Office
Osaka’s new office stock up 7% in 2022
A total of 130,000sqm was added to the market last year.
Melbourne CBD records highest office vacancy rate since 1998
The headline vacancy rose to 15.4% in Q4 2022.
Singapore CBD Grade A office rents up 1% in Q1
This is the first time in five quarters that rental growth slowed down.
Metro Clark office vacancies reach 34.3% in H2 2022
The expansion of the IT-BPO sector will push Metro Clark’s rebound this year.
What could drive data centre growth in the Philippines
The country’s data centre capacity is around 75 megawatts.
What are the largest upcoming office projects in Brisbane?
One of them is a 360,000sqm development at 360 Queen Street.
Bengaluru Grade A office rents to rise by up to 3% this year
Around 14 million sq ft of supply is expected to be completed by year-end.
How this new building made an impact on Hanoi’s office market
It had a significant contribution to the city’s high net absorption in Q4 2022.
Canberra annual net office absorption hits 10-year high in 2022
Net absorption totalled 47,600sqm during the year.
Kuala Lumpur’s office supply pipeline to deliver over 3m sq ft by end-2023
JLL says this will likely keep rents suppressed and vacancy rates relatively high.
Here’s a rundown of the Manila office property sector’s Q4 performance
Over 43,000sqm of leasable office space was made available in Q4 2022.
Delhi to see around 9.5m sq ft of new office supply this year
Tech firms, flex operators, and healthcare firms are expected to drive demand.
Adelaide office vacancy rate rises to 16.5% in Q4
Net face rents also grew 2.6% in the quarter.
Bangkok office supply set to reach highest annual completion since 1999
There is 297,000sqm of supply expected to complete by the end of this year.
Metro Manila office market rebounds in 2022
The capital region saw a net absorption of 270,900 square metres.
Jakarta to see 700,000sqm of new office supply by 2025
A majority of the space is located in the CBD.
Hong Kong office net effective rents dip 0.2% in January
And vacancy rate rose to 12.2% during the month.
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1. Housing affordability to remain a challenge for homebuyers in APAC 2. This was the most expensive apartment sold in Singapore in July 3. Jakarta CBD’s office occupancy rate rises to 73.7% in Q2 4. Singapore industrial transactions up 8.4% to 424 units in Q2 5. Sluggish IPO market cripples Hong Kong’s office property sector in H1Resource Center
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Real Estate Asia Awards 2023 Winner: Henderson Land Development Company Limited
Henderson Land Development Company Limited wins big at the Real Estate Asia Awards 2023 taking home 3 notable accolades, the Developer of the Year, Mixed-Use Development of the Year, and Residential Development of the Year awards for Hong Kong.
Real Estate Asia Awards 2023 Winner: Henderson Land Development Company Limited
Henderson Land Development Company Limited wins big at the Real Estate Asia Awards 2023 taking home 3 notable accolades, the Developer of the Year, Mixed-Use Development of the Year, and Residential Development of the Year awards for Hong Kong.
