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Analysts still bearish about Hong Kong Island’s office market
Vacancy rates in Central is expected to hit record highs this year.
Analysts still bearish about Hong Kong Island’s office market
Vacancy rates in Central is expected to hit record highs this year.
Seoul prime office rental growth slows to 4.8% in Q4
This is from a 7.1% growth recorded in the previous quarter.
These were the 5 largest Singapore shophouse transactions in Q4
A deal worth $18.5m took the top spot.
Asking prices for Jakarta CBD offices rise 2% in 2023
Prices hit approximately USD3,600.
Seoul prime office net absorption hits 20,000sqm in Q4
The vacancy rate slightly declined to 3.1% during the quarter.
Hong Kong home prices to follow an ‘L-shaped’ trend this year
Knight Frank expects prices to decline in the first half before remaining flat in the second half.
Singapore HDB resale prices rise for fourth consecutive month in January
Prices increased by 1.5% vs the previous month.
Singapore Q4 shophouse transactions hit lowest quarterly sales since 2010
There were only 15 transactions during the quarter, down 60% QoQ.
APAC rental rates continue decreasing in Q4 2023
The Asia-Pacific office market will continue to favour tenants in 2024.
Trends in Greater Tokyo’s for-sale condominium markets revealed
The Tokyo 23W saw a 14% decline in market size.
Jakarta CBD cumulative office supply now at 7.4m sqm
Supply is also expected to increase significantly outside the CBD.
Singapore private resale home prices to grow by 3-5% in 2024
Prices grew by 2.7% in the final quarter of 2023.
Tokyo residential occupancy rates recover close to pre-pandemic levels
In the central five wards, occupancy is at 97%.
Jakarta has nearly 3 million sqm of unabsorbed office space in 2023
Almost 70% of these are located in the CBD
This was Singapore’s biggest commercial investment deal in Q4
It involves the collective sale of Shenton House to Shenton 101 Pte Ltd.
Rental gap between Tokyo’s large- and small-sized units continues to widen
Large residential units with up to 60sqm saw the biggest increase of 2.7% in Q4.
Tokyo mid-market residential rents up 3.5% in Q4
In the central five wards, rents grew by 4%.
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Empire East Land Holdings lands two wins at Real Estate Asia Awards 2024
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The company believes innovation and data-driven strategies are paramount to a sustainable future.
