News
HK issues 9 pre-sale consents for property developments in Q2
Most are residential developments.
Seven new industrial projects expected to be completed in Perth by Q4
The projects will add over 80,400sqm to the city’s stock.
Taipei to see 20,000 ping of new office stock in 2023
Two office projects were postponed to 2024.
This was the largest retail completion in Adelaide in Q1
It was a shopping centre spanning 4,400sqm.
Kuala Lumpur to see over 3m sq ft of new office stock by year-end
Though only one completion was recorded in Q1.
Melbourne’s Q1 gross industrial takeup still 15% below 10-year quarterly average
Gross takeup was at 211,300sqm in Q1.
Bangkok to close 2023 with over 5 million sqm of prime warehouse stock
Expect a higher vacancy rate as a result.
Sydney industrial transaction volumes up 9% to AUD851m in Q1
This figure is 67% above the 10-year quarterly average.
Tokyo’s Q1 office absorption more than double that of 2022’s full year figure
Net absorption totalled 116,000sqm in Q1.
Hanoi finally welcomes new Grade A office project after two years
It is a 23,000sqm project located in Dong Da District.
Brisbane sees 138,500sqm of new industrial space supply in Q1
Over 80% of these completions were pre-committed.
Seoul industrial vacancy rate hits 5-year high of 12.6% in Q1
This is the highest vacancy rate since 2018.
Perth’s office net absorption hits record highs since Q3 2018
The city’s absorption hit 27,200sqm in Q1 2023.
Here are some of Hong Kong's key industrial lease renewals in Q1
Most of the renewals were driven by 3PL operators.
Five projects to add 200,000sqm to Brisbane’s new office supply
The largest project spanning 69,000sqm began construction in Q1.
Delhi’s Q1 gross industrial absorption hits 1.1 million sq ft
Demand was driven by the 3PL and retail sectors.
This was the largest completion in Adelaide’s logistics market in Q1
It was a project spanning nearly 22,000sqm.
Most Read
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.
