News
Hong Kong primary residential transactions dropped to 1,000 units in May
Secondary residential transactions were at 3,003 units.
Hong Kong primary residential transactions dropped to 1,000 units in May
Secondary residential transactions were at 3,003 units.
Seoul’s hotel supply pipeline concentrated in provincial markets
Around 3,000 new hotel keys are expected to be added this year.
Tokyo hotel transactions to maintain momentum from Q2 onwards
Thanks to a strong recovery in accommodation demand.
Singapore prime office rents up 1.2% in Q2
This brings total rental growth to 2.5% in H1 2023.
Hong Kong office vacancy rate increased to 12.4% in May
Vacancies in Central rose to 9.2%.
How did these two new projects impact Ho Chi Minh City’s retail market?
The significant net takeup at Thiso Mall drove vacancy rate down to 5.6%.
Sydney to see 60,000sqm of new retail stock by end-2023
Over 60% of the stock will be neighbourhood centres.
Hong Kong’s hotel capital market to hit USD1b in 2023
Full recovery is expected by next year.
Bangkok’s to witness its largest annual hotel supply increase in 10 years
Over 8,000 keys are expected to be added this year.
Manila to see 240,000sqm of new retail supply by Q2
One Ayala and Gateway Mall 2 are expected to have been completed over the quarter.
Two retail projects to watch out for in Tokyo by 2025
These will have a combined GFA of over 13,000sqm.
Guess how many hotel rooms Jakarta currently has
Supply is expected to grow 2.7% this year.
Nearly 2,000 new hotel rooms expected to open in Singapore this year
A total of 818 rooms were completed in Q1 alone.
Bengaluru’s total retail supply to hit 15.8m sq ft by year-end
Three new malls totalling 1.6m sq ft will be added this year.
Perth’s retail supply pipeline remains soft
Over 20,000sqm of projects are expected to be completed by mid-2023.
Hong Kong high street shop rents to rise by up to 15% this year
Overall prime retail rents could grow at a slower pace of 5%.
Bangkok to see three new retail projects in the next 12 months
This will add over 300,000sqm to the city’s prime retail stock.