News

Singapore HDB rents hit new highs in Q1 

Rents grew 2.7% q-o-q and 26.7% y-o-y.

CapitaLand Malaysia to buy Selangor warehouse for $11.4m

The REIT plans to convert the property into a temperature-controlled distribution center.

Private home prices in Singapore hit all-time high despite cooling measures

OrangeTee analyst predicts up to 22,500 private homes to be sold in 2023 with growth in prices at 5% to 8%.

APAC property market focuses on ESG amidst rising energy prices, regulatory goals

Tenants and employees seek sustainable and wellness-focused properties.

Why Seoul’s office transaction volumes crashed in Q1

The city’s KRW989.5b transaction in Q1 is a mere 26% of the volumes recorded the previous year.

Residential launches in Delhi more than doubled in Q1

Nearly 8,000 units were launched during the quarter. 

Singapore has the priciest office fit-out costs in SEA

The Lion City’s fit-out cost for a basic hybrid is $113 (US$86 psf).

Seoul prime office rents record highest increase since 2008

Face rents grew 8.1% in the first quarter of 2023.

Mumbai office leasing plummets 32% to 3.05msf in Q1

Smaller sized transactions dominated fresh leases.