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Joe Tsai - Alibaba

Hong Kong Warehouse Rents Fell 0.5% in Q3 Amid Trade Weakness

Joe Tsai - Alibaba

2023/12/26 by Christopher Caillavet Leave a Comment

Warehouse rents in Hong Kong declined 0.5 percent year-on-year in the third quarter of 2023 as logistics demand continued to diminish and warehouse tenants refrained from actively seeking expansion opportunities, according to Savills.

The Asian finance hub’s logistics sector has… Read More>>

Warehouse rents in Hong Kong declined 0.5 percent year-on-year in the third quarter of 2023 as logistics demand … Read more>>>

The Henderson 2023-12-08

Hong Kong Grade A Office Rents Seen Falling Another 5-10% in 2024

The Henderson 2023-12-08

2023/12/18 by Christopher Caillavet Leave a Comment

After declining by 5.3 percent this year, Grade A office rents in Hong Kong are likely to tumble another 5 to 10 percent in 2024 as high interest rates and a global economic slowdown continue to challenge the leasing market,… Read More>>

After declining by 5.3 percent this year, Grade A office rents in Hong Kong are likely to tumble another 5 to 10 percent … Read more>>>

URA chief executive officer Lim Eng Hwee

Singapore Home Sales Nearly Triple in November as Buyers Snap Up Surge in Supply 

URA chief executive officer Lim Eng Hwee

2023/12/15 by Beatrice Laforga Leave a Comment

Singapore private home sales nearly tripled to 784 units in November as a trio of condo launches helped snap three straight months of declining housing deals.

Developers’ home sales, excluding subsidised executive condos, jumped 286 percent last month from the… Read More>>

Singapore private home sales nearly tripled to 784 units in November as a trio of condo launches helped snap three … Read more>>>

Ap Lei Chau

Hong Kongers Grow Pessimistic on Residential Market: Citi Survey

Ap Lei Chau

2023/12/13 by Christopher Caillavet Leave a Comment

Just 13 percent of Hongkongers polled by Citi say it’s a good time to buy a home, down from 16 percent a year ago, the global bank said Tuesday.

The latest figure, based on data from 1,100 respondents in September,… Read More>>

Just 13 percent of Hongkongers polled by Citi say it’s a good time to buy a home, down from 16 percent a year ago, the … Read more>>>

URA chief executive officer Lim Eng Hwee

Singapore Cues Up Sites for 5,450 New Homes in Biggest Land Sale Plan Since 2013

URA chief executive officer Lim Eng Hwee

2023/12/06 by Beatrice Laforga Leave a Comment

Singapore has cued up the city-state’s biggest housing pipeline in more than a decade with the Urban Redevelopment Authority (URA) on Wednesday announcing plans to sell sites capable of yielding up to 5,450 new private homes during the first half… Read More>>

Singapore has cued up the city-state’s biggest housing pipeline in more than a decade with the Urban Redevelopment … Read more>>>

pan gongsheng PBOC

China Housing Market Continues Slide Despite Support Measures

pan gongsheng PBOC

2023/12/01 by Kevin He Leave a Comment

China home sales and prices continue to plummet despite a raft of recent government measures to prop up the ailing property market, with the mainland’s pessimistic economic outlook and developers’ increased backlog of unfinished projects weighing on buyer appetite.

China’s… Read More>>

China home sales and prices continue to plummet despite a raft of recent government measures to prop up the ailing … Read more>>>

Singapore Minister for National Development Desmond Lee

Singapore Pushes Land Sales for Long-Stay Rental Apartments in Policy Shift

Singapore Minister for National Development Desmond Lee

2023/11/30 by Christopher Caillavet Leave a Comment

Singapore is now designating land for development of long-stay rental apartments, with Minister for National Development Desmond Lee announcing the first pair of sites to be sold under the new initiative in a speech on Wednesday.

Already on the Urban… Read More>>

Singapore is now designating land for development of long-stay rental apartments, with Minister for National Development … Read more>>>

Monetary Authority of Singapore chief Ravi Menon

Singapore Central Bank Sees Home Prices, Rents Cooling as Housing Supply Grows

Monetary Authority of Singapore chief Ravi Menon

2023/11/28 by Beatrice Laforga Leave a Comment

The central bank of Singapore sees home price and rent growth slowing over the near term as demand cools and the government continues add more residential sites to the development pipeline.

In this year’s Financial Stability Review, the Monetary Authority… Read More>>

The central bank of Singapore sees home price and rent growth slowing over the near term as demand cools and the … Read more>>>

Ken Tang JLL

Hong Kong Office Leasing Grew Again in October as Occupiers Grabbed Bargains

Ken Tang JLL

2023/11/27 by Christopher Caillavet Leave a Comment

Tenants in Hong Kong’s Grade A office market took up 152,500 square feet (14,168 square metres) more than they gave back in October, marking a third straight month of positive take-up, according to JLL.

The overall vacancy rate of the… Read More>>

Tenants in Hong Kong’s Grade A office market took up 152,500 square feet (14,168 square metres) more than they gave back … Read more>>>

Alan Beebe ULI

Tokyo Regains Spot as Top APAC Investment Destination in ULI Poll

Alan Beebe ULI

2023/11/24 by Poonyapat Luenam Leave a Comment

Tokyo has been crowned Asia Pacific’s most favoured destination for property investment for 2024, reclaiming the title for the fourth time in the past decade, according to an annual survey by the Urban Land Institute (ULI) and financial consulting firm… Read More>>

Tokyo has been crowned Asia Pacific’s most favoured destination for property investment for 2024, reclaiming the title … Read more>>>

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