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Cross Street Exchange

Singapore Central Business District Office Rent Growth Slowed to 1% in Q1

Cross Street Exchange

2023/03/29 by Christopher Caillavet Leave a Comment

Grade A office rents in Singapore’s central business district rose 1 percent in the first quarter of 2023 compared with the previous three months as growth slowed for the second quarter in a row, according to JLL.

Gross effective rent… Read More>>

Grade A office rents in Singapore’s central business district rose 1 percent in the first quarter of 2023 compared with … Read more>>>

Wendell Cox Demographia

Hong Kong Still World’s Least Affordable Housing Market Despite Property Slump

Wendell Cox Demographia

2023/03/21 by Christopher Caillavet Leave a Comment

Hong Kong has defied an ongoing property slump to maintain its distinction as the world’s least affordable housing market, according to the results of a Demographia survey.

The median home price in the Asian financial hub stood at 18.8 times… Read More>>

Hong Kong has defied an ongoing property slump to maintain its distinction as the world’s least affordable housing … Read more>>>

Terra Hill Singapore

Singapore New Home Sales Up 9.9% in February, Driven by Terra Hill Launch

Terra Hill Singapore

2023/03/15 by Christopher Caillavet Leave a Comment

Developers sold 432 new private homes in Singapore last month, up from 393 units transacted in January but down from 542 that changed hands a year earlier, according to data from the Urban Redevelopment Authority.

February’s 9.9 percent monthly rise,… Read More>>

Developers sold 432 new private homes in Singapore last month, up from 393 units transacted in January but down from 542 … Read more>>>

Stuart Crow JLL

Pricing, Interest Rate Challenges Test Investors in APAC Commercial Real Estate Markets

Stuart Crow JLL

2023/03/07 by Christopher Caillavet Leave a Comment

Real estate investors are pointing to uncertainties around pricing and rising interest rates as the main factors slowing capital deployment in Asia Pacific commercial property markets this year, according to JLL.

A survey of global and regional investors found that… Read More>>

Real estate investors are pointing to uncertainties around pricing and rising interest rates as the main factors slowing … Read more>>>

Nelson Wong JLL

Hong Kong Office Market Shrank Again in January as Reopening Fails to Ignite Demand

Nelson Wong JLL

2023/02/27 by Christopher Caillavet Leave a Comment

Hong Kong’s Grade A office market in January saw tenants give back 16,900 square feet (1,570 square metres) more than they took up as leasing activity paused during Chinese New Year, according to JLL.

Optimism sparked by the reopening of… Read More>>

Hong Kong’s Grade A office market in January saw tenants give back 16,900 square feet (1,570 square metres) more than … Read more>>>

Paul-Chan-Budget-Speech

Hong Kong Cuts Tax for First-Time Buyers of Smaller Homes in Bid to Boost Market

Paul-Chan-Budget-Speech

2023/02/22 by Christopher Caillavet Leave a Comment

Hong Kong’s finance chief delivered the city’s budget in a speech on Wednesday, with the planning document introducing tax cuts for first-time buyers of small homes as the government tries to jump-start sales in the world’s least affordable housing market.

… Read More>>

Hong Kong’s finance chief delivered the city's budget in a speech on Wednesday, with the planning document introducing … Read more>>>

CSRC Chairman Yi Huiman

China Unveils Pilot Scheme for Real Estate Private Equity Funds

CSRC Chairman Yi Huiman

2023/02/22 by Greg Isaacson Leave a Comment

Chinese regulators said they will allow the creation of real estate private equity funds under a pilot programme to boost developer financing, as the government continues to roll out measures to stabilize the country’s flagging property sector.

The new scheme,… Read More>>

Chinese regulators said they will allow the creation of real estate private equity funds under a pilot programme to … Read more>>>

Liu He Davos tb

China New Home Prices Rise for First Time in a Year as Supportive Measures Kick in

Liu He Davos tb

2023/02/17 by Greg Isaacson Leave a Comment

New home prices in mainland China rose for the first time last month since January 2022, as the loosening of COVID restrictions and the launch of supportive policies helped stabilise demand in the country’s struggling housing market.

January’s 0.1 percent… Read More>>

New home prices in mainland China rose for the first time last month since January 2022, as the loosening of COVID … Read more>>>

Otemachi Place East Tower

Japan Outperforms as APAC Delivers Weakest Q4 for Dealmaking Since 2012: MSCI

Otemachi Place East Tower

2023/02/16 by Christopher Caillavet Leave a Comment

Commercial property investment in Asia Pacific totalled $32.6 billion in the fourth quarter of 2022, plunging 52 percent year-on-year, as interest rate hikes and uncertainty about the pricing outlook took a toll, according to MSCI Real Assets.

The investment figure… Read More>>

Commercial property investment in Asia Pacific totalled $32.6 billion in the fourth quarter of 2022, plunging 52 percent … Read more>>>

Sceneca Residence

Singapore Private Home Sales Bounce Back but Remain Below 2022 Levels

Sceneca Residence

2023/02/15 by Christopher Caillavet Leave a Comment

Developers sold 391 homes in Singapore last month, more than doubling the 170 units transacted in December but still lower than the January 2022 total, according to data from the Urban Redevelopment Authority.

Sales of new private homes (excluding executive… Read More>>

Developers sold 391 homes in Singapore last month, more than doubling the 170 units transacted in December but still … Read more>>>

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