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Rosanna Tang, head of research for Hong Kong at Cushman & Wakefield

Hong Kong Slips in Global Retail Rent Rankings as Recovery Lags

Rosanna Tang, head of research for Hong Kong at Cushman & Wakefield

2023/11/24 by Beatrice Laforga Leave a Comment

Hong Kong’s Tsim Sha Tsui slid to the third spot among the world’s most expensive shopping districts this year as economic recovery in the Asian financial hub lagged its global peers, according to a report released this month.

Retail rents… Read More>>

Hong Kong’s Tsim Sha Tsui slid to the third spot among the world’s most expensive shopping districts this year as … Read more>>>

MTR Tung Chung

Hong Kong Residential Tender Failures in Past 22 Months Surpass 2015-2021 Total

MTR Tung Chung

2023/11/20 by Kevin He Leave a Comment

The number of failed residential development tenders in Hong Kong over the last 22 months has surpassed that of the previous seven years, according to a report by consultancy JLL.

The government has withdrawn four residential sites from tenders since… Read More>>

The number of failed residential development tenders in Hong Kong over the last 22 months has surpassed that of the … Read more>>>

Alan Cheong, Alan Cheong, executive director for research at Savills

Mall Rents in Singapore’s Orchard Area Up 1.3% in Q3 as Visitors Return

Alan Cheong, Alan Cheong, executive director for research at Savills

2023/11/20 by Beatrice Laforga Leave a Comment

Mall rents in Singapore’s famed Orchard Road shopping area inched up by 1.3 percent in the third quarter from the preceding three months on the back of a rebound in travel and the ongoing rejuvenation in the area.

Average passing… Read More>>

Mall rents in Singapore’s famed Orchard Road shopping area inched up by 1.3 percent in the third quarter from the … Read more>>>

Bernie Yardi thumbnail

A Third of Asia Real Estate Executives Expect Revolutionary Industry Impact From AI

Bernie Yardi thumbnail

2023/11/20 by Michael Cole Leave a Comment

Following the launch of ChatGPT one year ago, more than a third of Asia real estate executives expect artificial intelligence to have a revolutionary impact on the industry, according to a report released this past week by Yardi, based on… Read More>>

Following the launch of ChatGPT one year ago, more than a third of Asia real estate executives expect artificial … Read more>>>

J'den Capitaland

Singapore Home Sales Slid in October for Third Straight Month

J'den Capitaland

2023/11/16 by Beatrice Laforga Leave a Comment

Singapore home sales declined for a third consecutive month in October, with the 203-unit tally marking the lowest total this year as homebuyers await lower prices.

Developers’ sales of new private homes last month fell by 6.5 percent from the… Read More>>

Singapore home sales declined for a third consecutive month in October, with the 203-unit tally marking the lowest total … Read more>>>

APAC Hotel Investment to Dip 14% in 2023 Despite Travel Rebound

2023/10/31 by Beatrice Laforga Leave a Comment

Rising interest rates and prolonged economic uncertainty have dimmed investor enthusiasm for hospitality assets in Asia Pacific with investment in the sector projected to drop by 14 percent to $10.1 billion this year, according to a recent report by JLL.

… Read More>>

Rising interest rates and prolonged economic uncertainty have dimmed investor enthusiasm for hospitality assets in Asia … Read more>>>

URA Chairman Peter Ho Hak Ean

Singapore Developer Sales Slump 8.5% in Q3 as Housing Market Cools

URA Chairman Peter Ho Hak Ean

2023/10/28 by Beatrice Laforga Leave a Comment

Singapore’s housing market continues to show signs of cooling with average prices for new private homes rising by just 0.8 percent in the third quarter from the preceding three months after sliding 0.2 percent in the second quarter, according to… Read More>>

Singapore’s housing market continues to show signs of cooling with average prices for new private homes rising by just … Read more>>>

Robert Anderson, director for Asia Pacific capital markets at JLL

Global Investors Keep Faith in Japanese Apartments Despite Tighter Yields

Robert Anderson, director for Asia Pacific capital markets at JLL

2023/10/18 by Poonyapat Luenam Leave a Comment

Average rents in Japan’s multi-family residential sector grew less than 1 percent between 2020 and 2022 despite rising occupancy rates and ongoing urbanisation, however, international investors continue to favour opportunities in Asia’s largest rental housing market, according to a report… Read More>>

Average rents in Japan’s multi-family residential sector grew less than 1 percent between 2020 and 2022 despite rising … Read more>>>

christine sun orangetee

Singapore Home Sales Lowest in Nine Months as Developer Inventories Swell

christine sun orangetee

2023/10/16 by Beatrice Laforga Leave a Comment

Singapore’s housing market continued to slow in September with private home sales plunging by 45 percent from the 394 units sold a month prior, falling to a nine-month low of 217 units as developers were seen holding back project launches… Read More>>

Singapore’s housing market continued to slow in September with private home sales plunging by 45 percent from the 394 … Read more>>>

Chia Mein Mein - Knight Frank Singapore

Govt Land Sales, Chinese Buyers Drive Singapore Real Estate Investment Rebound in Q3

Chia Mein Mein - Knight Frank Singapore

2023/10/16 by Beatrice Laforga Leave a Comment

Singapore real estate investment rose for the first time in nearly two years in the third quarter with deal volume jumping 75 percent from the previous three months to S$6.9 billion with help from robust government land sales.

A Knight… Read More>>

Singapore real estate investment rose for the first time in nearly two years in the third quarter with deal volume … Read more>>>

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