News
Bangkok office demand declines after seven consecutive quarters of increase
Net absorption was at -5,500sqm in Q1.
Bangkok office demand declines after seven consecutive quarters of increase
Net absorption was at -5,500sqm in Q1.
Singapore retail vacancy rate rises in Q1 after three consecutive quarters of decline
The vacancy rate slightly increased to 6.7% in Q1 2024.
Australia transaction volumes at decade lows over the past year
Volumes in the office sector were just 37% of the 5-year average in Q1.
India real estate investments up 3% to USD1.1b in Q1
The residential sector accounted for over 60% of the investments.
Singapore Q1 private home transactions down 2.4% to 4,230 units
There were over 1,100 units sold in the primary market.
Singapore office vacancy rate hits record low in over 7 years
Vacancy rates in the Central region fell to 9.3% in Q1.
Singapore private home price hike slows to 1.4% in Q1
This was from the 2.8% increase recorded in the prior quarter.
Vacant offices in Asia prompt investors to diversify
Investors shift strategies in response to rising vacancies.
Singapore prime logistics rents up 3.6% in Q1
Rents are expected to increase by 5% for the full year 2024.
Japan new hotel supply growth to underperform 10-year average of 3.7%
New supply is expected to have a CAGR of only 0.4% until 2027.
Hong Kong office vacancy rates could surpass 20% by 2027
That is if annual take-up only reaches 0.5m sq ft.
Singapore real estate investment sales to exceed $25b in 2024
In Q2, volumes will be supported by several GLS tender closings.
Delhi retail leasing volume drops 28% in Q1
Limited availability of space dragged mall leasing during the quarter.
APAC investment volume nearly reaches 10-year average
It was the best performing region globally in 2023.
What was Singapore’s biggest retail transaction in Q1?
It was also the biggest investment deal by quantum.
Japan hotel investment volumes hit record highs in 2023
Investments more than tripled to JPY500b during the year.
Singapore shophouse deals drop 43% to $169m in Q1
The largest deal was worth $47.5m.
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Empire East Land Holdings lands two wins at Real Estate Asia Awards 2024
![Empire East Land Holdings lands two wins at Real Estate Asia Awards 2024]()
Co-Written / Partner
The company believes innovation and data-driven strategies are paramount to a sustainable future.
The company believes innovation and data-driven strategies are paramount to a sustainable future.
