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Singapore CBD Office Rents Neared Pre-COVID Peak in Q2 Says JLL

2022/06/29 by Christopher Caillavet Leave a Comment

Grade A office rents in Singapore’s central business district have recovered to within striking distance of their pre-pandemic peak and could exceed that level soon, according to research by JLL.

Gross effective rents for Grade A office space in the… Read More>>

Grade A office rents in Singapore's central business district have recovered to within striking distance of their … Read more>>>

China homebuyer

Fitch Sees China Home Sales Falling Up to 30% This Year as Confidence Erodes

China homebuyer

2022/06/21 by Christopher Caillavet Leave a Comment

Fitch Ratings has revised down its 2022 forecast for China home sales to a decline of 25-30 percent as COVID-19 lockdowns, developer defaults and crumbling consumer confidence continue to suppress buyer demand.

Sales in the world’s biggest housing market were… Read More>>

Fitch Ratings has revised down its 2022 forecast for China home sales to a decline of 25-30 percent as COVID-19 … Read more>>>

Wong Siew Ying

Singapore Heats Up as May Home Sales More Than Double Previous Month’s Tally

Wong Siew Ying

2022/06/15 by Christopher Caillavet Leave a Comment

Developers sold 1,356 new private homes in Singapore during May, a 106 percent rise from April’s 660 units and the highest monthly figure since last November’s 1,547, according to government data released Wednesday.

The May tally of new home sales… Read More>>

Developers sold 1,356 new private homes in Singapore during May, a 106 percent rise from April’s 660 units and the … Read more>>>

alpharium4

Korean Commercial Property Investment Set to Ease After Record $42B in 2021

alpharium4

2022/06/11 by Christopher Caillavet Leave a Comment

After soaring to a record KRW 54 trillion ($42 billion) in 2021, investment in South Korea’s commercial property market is expected to decrease this year on concerns about rising interest rates, according to Colliers research.

Prime office investment in Seoul… Read More>>

After soaring to a record KRW 54 trillion ($42 billion) in 2021, investment in South Korea’s commercial property market … Read more>>>

David Green-Morgan RCA

Foreign Investors Drive 21% Increase in Singapore Real Estate Deals 

David Green-Morgan RCA

2022/06/09 by Beatrice Laforga Leave a Comment

The Singapore real estate market enjoyed its strongest start to a year in a decade thanks largely to foreign players driving a 21 percent annual increase in transactions of income-earning assets in the first quarter, according to MSCI.

Trades of… Read More>>

The Singapore real estate market enjoyed its strongest start to a year in a decade thanks largely to foreign players … Read more>>>

Gardens by the Bay.

Singapore Includes Bukit Timah Residential Site, Marina South Project in Land Sale Schedule

Gardens by the Bay.

2022/06/07 by Beatrice Laforga Leave a Comment

Singapore’s Urban Redevelopment Authority is including a residential site in Bukit Timah on a confirmed list of six sites to be put on the auction block in the second half of this year as authorities move to replenish the city’s… Read More>>

Singapore’s Urban Redevelopment Authority is including a residential site in Bukit Timah on a confirmed list of six … Read more>>>

Alex Barnes JLL

Hong Kong Office Market Steadies in April After COVID Curbs Relaxed

Alex Barnes JLL

2022/05/24 by Alden Monzon Leave a Comment

Hong Kong’s office leasing market stabilised in April with rental and vacancies flat as authorities relaxed restrictions as a surge in coronavirus cases eased, according to JLL.

In the consultancy’s latest Hong Kong Property Market Monitor, net absorption – a… Read More>>

Hong Kong’s office leasing market stabilised in April with rental and vacancies flat as authorities relaxed restrictions … Read more>>>

Amelie-Delaunay

GLP Leads Real Estate Fund Managers in APAC, Bumps CapitaLand From Global Top 10

Amelie-Delaunay

2022/05/23 by Christopher Caillavet Leave a Comment

GLP has seized the top spot among real estate fund managers in Asia Pacific, with the industrial specialist nearly doubling its APAC assets under management to $80.5 billion in 2021, according to data compiled by a group of non-profits serving… Read More>>

GLP has seized the top spot among real estate fund managers in Asia Pacific, with the industrial specialist nearly … Read more>>>

Amelie-Delaunay

Capital Raising for APAC Private Real Estate Funds Surged 50% in 2021 to $39B

Amelie-Delaunay

2022/04/28 by Christopher Caillavet Leave a Comment

Capital raising for private funds targeting Asia Pacific real estate hit a record high of $39 billion in 2021, up sharply from the $26 billion raised in 2020, according to a survey released late last week by a group of… Read More>>

Capital raising for private funds targeting Asia Pacific real estate hit a record high of $39 billion in 2021, up … Read more>>>

Simon Smith of Savills

Hong Kong Office Rents Down 2% in Q1 as Banks Cut Back on Space

Simon Smith of Savills

2022/04/19 by Christopher Caillavet Leave a Comment

Cryptocurrency has begun to show its real-world utility as demand for office space from start-ups dealing in bitcoin, NFT and blockchain is helping to offset downsizing from multinational banks and other traditional occupiers in Hong Kong, according to Savills research.

… Read More>>

Cryptocurrency has begun to show its real-world utility as demand for office space from start-ups dealing in bitcoin, … Read more>>>

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