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Simon Smith of Savills

Hong Kong Retail Rents Not Likely to Rise More Than 5% in 2023

Simon Smith of Savills

2022/12/30 by Christopher Caillavet Leave a Comment

Investors hoping for a major turnaround in Hong Kong’s retail market in the new year may need to adjust their expectations, with property services firm Savills predicting that currently depressed rents are unlikely to rise by more than 5 percent… Read More>>

Investors hoping for a major turnaround in Hong Kong’s retail market in the new year may need to adjust their … Read more>>>

Guoco Midtown

Singapore Office Rent Growth Doubled in 2022, Set to Slow in New Year

Guoco Midtown

2022/12/26 by Beatrice Laforga Leave a Comment

Grade A office rents in Singapore’s core business districts jumped by 8.3 percent in 2022, more than double last year’s growth rate, as vacancies fell and more employees returned to their desks, according to data from CBRE Research.

CBRE said… Read More>>

Grade A office rents in Singapore’s core business districts jumped by 8.3 percent in 2022, more than double last year’s … Read more>>>

Singapore apartments

Landlord’s Market to Continue in Singapore Residential Leasing

Singapore apartments

2022/12/26 by Christopher Caillavet Leave a Comment

A landlord’s market took hold of Singapore’s residential leasing sector in 2022 and is likely to persist in the new year amid strong leasing demand and tight rental stock, according to PropNex Realty.

Delays in the completion of new condos… Read More>>

A landlord’s market took hold of Singapore’s residential leasing sector in 2022 and is likely to persist in the new year … Read more>>>

Nelson Wong JLL

Hong Kong Office Leasing Pulls Back in November as Vacancy Nears 12%

Nelson Wong JLL

2022/12/22 by Christopher Caillavet Leave a Comment

Hong Kong’s Grade A office market in November saw tenants give back 44,400 square feet (4,125 square metres) more than they took up as leasing activity slowed towards year-end and large spaces became available in some submarkets, according to JLL.

… Read More>>

Hong Kong’s Grade A office market in November saw tenants give back 44,400 square feet (4,125 square metres) more than … Read more>>>

PF-Rody-Allan-flip

APAC Property Investment Slump to Continue in 2023 With Hotels to Outperform

PF-Rody-Allan-flip

2022/12/22 by Christopher Caillavet Leave a Comment

Asia Pacific real estate investment volume is expected to fall by 5-10 percent in 2023, narrowing from an estimated decline of 25 percent in 2022, as tumultuous economic and financing conditions continue to weigh on sentiment, according to JLL.

Hotels… Read More>>

Asia Pacific real estate investment volume is expected to fall by 5-10 percent in 2023, narrowing from an estimated … Read more>>>

Singapore Home Sales Hit Eight-Year Low as Stocks Dry Up

2022/12/15 by Beatrice Laforga Leave a Comment

Singapore’s new private home sales dropped to an eight-year low in November as developers depleted their inventories and home prices continued to rise across the city-state.

Developers’ sales, excluding executive condominiums, fell for a second month, dropping by 17.3 percent… Read More>>

Singapore’s new private home sales dropped to an eight-year low in November as developers depleted their inventories and … Read more>>>

christine li knight frank

APAC Office Rent Growth Set to Moderate in 2023 Says Knight Frank

christine li knight frank

2022/12/15 by Christopher Caillavet Leave a Comment

Economies driven by domestic consumption, such as emerging Southeast Asia and India are forecast to remain supportive of regional growth as the rest of Asia Pacific normalises next year, according to Knight Frank.

APAC is set to keep its crown… Read More>>

Economies driven by domestic consumption, such as emerging Southeast Asia and India are forecast to remain supportive of … Read more>>>

URA Chairman Peter Ho Hak Ean

Singapore Boosts Land Supply by 17% to Tame Rising Housing Prices

URA Chairman Peter Ho Hak Ean

2022/12/11 by Beatrice Laforga Leave a Comment

After seeing housing prices rise in defiance of escalating interest rates and punitive stamp duties, Singapore authorities have announced plans to sell more housing sites during the first half of 2023 than in any period over the past decade.

In… Read More>>

After seeing housing prices rise in defiance of escalating interest rates and punitive stamp duties, Singapore … Read more>>>

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

Singapore Shops Sees Vacancy Fall to Pre-Pandemic Levels

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

2022/12/05 by Beatrice Laforga Leave a Comment

Singapore’s retail property market has ended a three-year freefall as vacancy in the third quarter reached its lowest level since 2019 and prime rents began heading northward, according to a recent report.

The average vacancy level for retail space in… Read More>>

Singapore’s retail property market has ended a three-year freefall as vacancy in the third quarter reached its lowest … Read more>>>

Scalpel office building London

Weaker Pound Lets APAC Investors Dominate London Office Market in 2022

Scalpel office building London

2022/12/04 by Christopher Caillavet Leave a Comment

Asia Pacific-based capital has led inbound office investment in central London this year as overseas buyers take advantage of a weakening pound, according to an analysis by BNP Paribas Real Estate.

Based on third-quarter data, APAC-based investment stood at £4.8… Read More>>

Asia Pacific-based capital has led inbound office investment in central London this year as overseas buyers take … Read more>>>

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