Commercial Office
Jakarta CBD office occupancy rate reaches 73% in Q3
The occupancy rate outside the CBD was lower at 70%.
Jakarta CBD office occupancy rate reaches 73% in Q3
The occupancy rate outside the CBD was lower at 70%.
Jakarta CBD office supply hits 7.38m sqm in Q3
Outside the CBD, supply reached 3.83m sqm during the same quarter.
Over 3 in 10 APAC firms expect office usage to increase
More than 60% reported stable office attendance.
Bangkok office supply to hit 316,000sqm in 2025
And over 410,000sqm of new supply is expected in the second half of 2024.
Kowloon office rents to decline by 1-3% in 2024
Rents in Kowloon East are forecast to drop by 3-5%.
Singapore office vacancy rate reaches 10-quarter high of 8.3% in Q3
Meanwhile, office rental growth plateaued during the quarter.
Singapore CBD Grade A office rents inch up 0.3% in Q3
And vacancy rates increased to 5.5% during the same period.
Grade A office rents on Hong Kong Island down 6.5% in August
And vacancy remained high at 13.4%.
Manila braces for influx of new office supply
Over 600,000sqm of new stock is expected to enter the market this year.
What were the key drivers of Singapore office demand in Q3?
There was more activity from smaller space occupiers.
Singapore office rents to grow by 3% for full-year 2024
Learn more about the economic dynamics affecting this forecast.
What to expect from Bangkok’s office market in the near term
Sustainability is increasingly becoming a non-negotiable factor for tenants.
Jakarta office occupancy rate forecast to remain low
There is an influx of new supply in the next two years.
Singapore prime office rents inch up 0.6% in Q3
Rents increased by 2% in the first nine months of 2024.
1 in 2 companies plan to expand flexible spaces in the next three years
Unassigned seating and collaborative spaces emerged as top workplace efficiency boosters.
6 in 10 APAC firms stabilise office attendance: survey
Around 32% companies expect an increase in office usage.
Over six in ten office occupiers in Asia Pacific (APAC) have stabilised their attendance...
Over half of APAC office occupiers pledge net-zero emissions by 2030
In contrast, 35% have no targets or pledges.
Over half of office occupiers in Asia Pacific (APAC) have publicly pledged to achieve net-zero...
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Al Mouj Muscat's Business Park wins Office Development of the Year - Oman at Real Estate Asia Awards 2024
![Al Mouj Muscat's Business Park wins Office Development of the Year - Oman at Real Estate Asia Awards 2024]()
Co-Written / Partner
It sets new standards for office developments with its striking design and strategic location.
It sets new standards for office developments with its striking design and strategic location.
