Real Estate Asia
Real Estate Asia is the industry portal serving Asia's dynamic real estate industry.
The top 3 spots belong to Tokyo, Mumbai, and Sydney.
Top 10 established data centre hubs in APAC revealed Singapore continues to be a leading data centre hub for its regional and global connectivity, despite the high property and construction costs when compared to
The average annual house prices rose by 4.1% globally in the 12 months to March 2024.
Asian cities lead prime residential price growth in Q1 Asia is spearheading the global prime residential market recovery, accounting for four of the top five performing cities (Manila, Tokyo, Mumbai and Delhi) led b
Vietnam emerges as a prime beneficiary of the 'China Plus One' strategy, attracting tech giants like Samsung and Intel amid US-China trade tensions, according to Edwin Tan, Deputy CEO of Frasers Property Vietnam. https://bit.ly/3ValSuf
IWG expands in the Philippines with four new centers, catering to the increasing demand for hybrid workspaces, as detailed by Senior VP Lars Wittig. https://bit.ly/3x0aQ2v
The industry's brightest stars dazzled at the Sands Expo & Convention Centre on 4 June 2024, for the Real Estate Asia Awards and the inaugural Built Environment Awards. Celebrating the pinnacle of innovation and sustainability, this prestigious event honoured visionary projects and trailblazing companies transforming Asia's real estate landscape.
Congratulations to all the winners for their remarkable contributions and commitment to excellence 🏆
To view the full list, visit: https://bit.ly/4bJppqx
Industry's finest take centre stage at 2024 Real Estate Asia Awards and Real Estate Asia Built Environment Awards Winning companies were honoured at the Sands Expo & Convention Centre on 4 June 2024.
Asia Pacific commercial real estate investment volume declined by 14% YoY to US$24 billion in Q1.
What’s to blame for the delay in APAC property investment recovery? CBRE’s latest survey reveals that capitalization rates across property sectors in Asia Pacific are expected to continue rising over the next six months due to d
The average office fit out costs across Asia Pacific continue to rise in 2024.
How expensive is an average office fit out in APAC? The average office fit out costs across Asia Pacific continue to rise in 2024, albeit at a much slower rate as compared to a year ago, according to Cushman & Wa
Prime office rents in APAC declined by 3.2% year-on-year.
APAC prime office rents decline for seventh straight quarter in Q1 Knight Frank’s latest Asia-Pacific Prime Office Rental Index for Q1 2024 showed a continued downward trajectory for the region. The index registered a 3.2% year
Construction waste contributes 50% of global CO2 emissions. Dennis Lee, Partner at RSM Singapore, explains how PropTech can reduce this. https://bit.ly/3Wtxdrv
The build-up of available spaces will cause landlords to face heightened competition in the near term.
Why Singapore office demand and rents won’t recover until later this year According to the Monetary Authority of Singapore, the economy is projected to grow at 2.4% in 2024, a substantial improvement from the 1.1% recorded during 2023
The decline was primarily driven by Chinese Mainland cities.
APAC prime office rents drop for the seventh consecutive quarter Knight Frank’s latest Asia-Pacific Prime Office Rental Index for Q1 2024 showed a continued downward trajectory for the region. The index registered a 3.2% year
Asian investors have become powerful on the global stage.
How much have Asian investors spent on overseas properties in 2023? According to a recent article from Savills, Asia has become a major source of capital for real estate in other regions, with investors from this region spending
Demand for flex workspaces has remained consistent despite a subdued market.
APAC demand for flex offices up 13% over the past 5 years According to the Instant Group’s 2024 APAC Flexible Workspace Market Review, demand for flexible workspaces across the Asia Pacific region has increased by 13%
Driven by an oversupply of office spaces, investors in Asian markets are strategically targeting stable revenue streams and longer-term capital gains, according to CK Lau, Managing Director for Valuation & Advisory Services at Colliers Asia. https://bit.ly/4d8WFZ8
Labor costs, the availability of skilled labor, and the strategic importance of real estate costs are driving the expected growth of the APAC offshoring market to $185 billion by 2032. Christine Li, Head of research, Asia-Pacific in Knight Frank, discusses this trend. https://bit.ly/49xzvJ0
Following thirty years of planning and over US$4b in investments– the eight-hectare site has been redeveloped into a modern mix of residential, official, and commercial spaces, crafted with the international in mind.
What property developers can learn from Japan’s Azabudai Hills Japan’s newest redevelopment Azabudai Hills may just serve as an important cornerstone to Tokyo’s ambitions of being seen as an attractive global destination.
The Asia-Pacific offshoring industry is witnessing an unprecedented growth momentum.
APAC annual office demand to hit up to 5m sqm for the next three years Amid a challenging business environment which sees a reduction in sentiment among corporate real estate leaders, Knight Frank reveals that the Asia-Pacific offs
In Malaysia, MNCs demand 3 office days weekly, whilst local firms work full-time. Wong Xian Yang, Head of Research for Singapore and SEA at Cushman & Wakefield discusses its impact on office vacancies. https://bitly.ws/3gpsD
Of the 17 cities tracked by the index, 13 cities recorded stable or increased rents in H2 2023, compared with 16 in the prior six months.
Guess which city led APAC logistics rental growth in H2 2023 According to Knight Frank’s Asia-Pacific Logistics Markets report for H2 2023, overall prime logistics rents in the Asia Pacific region continued their upward t
Prime mall rents in Malaysia dipped to RM45.90 - RM219.32 per sq. ft. per month, a 1% YoY decrease, as per Wong Xian Yang, Head of Research Singapore & SEA at Cushman & Wakefield. https://bit.ly/4cyXcTS
Technology firms occupy nearly 45% of office leasing in GCCs, says Arpit Mehrotra, Managing Director of Office Services at Colliers India. https://bitly.ws/3gpu2
Over two-thirds of companies struggle with uncertainty in uninsured risk coverage, according to Ben MacCarthy, Head of Real Estate, Hospitality & Leisure in Asia at WTW. https://bitly.ws/3fTWZ
AIRSIDE leads the charge in sustainable development, blending nature with modernity.
New eco-haven AIRSIDE boasts urban farm, smart bike parking system and more AIRSIDE is charting a new course in sustainability by housing a 6,000 square feet urban farm within the mall premises that provides fresh produce to its tenants
Smart buildings cut carbon emissions, with 40% of global emissions from buildings, says Anu Rathninde, CEO of Johnson Controls Asia Pacific. Watch the full interview here: https://bit.ly/3wFJy17
The commercial investment volume in Singapore more than doubled over the same year.
Singapore beats all other APAC cities with USD4.1b commercial property investments in Q4 Singapore has taken the lead in Asia-Pacific in commercial real estate investments in Q4 2023, according to Knight Frank’s latest report. The commercial investm
Open protocols drive energy savings in Singapore's old office spaces.
Older office buildings adopt open protocol systems for energy management An expert also recommended utilising BMS for data analysis, empowering stakeholders to pinpoint energy-saving opportunities.
Adelaide, Brisbane, Canberra, Melbourne and Perth recorded growth in cap cates across all sectors.
Here's proof that the APAC real estate investment market is finally recovering Colliers’ APAC Cap Rate Report | Q4 2023 found that despite the low transaction environment persisting, five of 19 cities surveyed across the region saw upward
Find out the major issue stifling the supply of new luxury developments in Sydney. Watch Alex Adams, Head of Sales and Marketing at Aqualand's full interview here: https://bit.ly/49K27iz
An influx of regional offices in Singapore is driven by political tensions in neighbouring regions. Calvin Yeo, Managing Director of Occupier Strategy and Solutions at Knight Frank Singapore explains this trend in this video: https://bit.ly/49fpaSN
Booming self-storage sector in Singapore embraces online bookings, varied unit options.
Self-storage firms stand out in the growing industry with added services and amenities In Singapore, StorHub has introduced online booking for storage spaces of various sizes.