News

Singapore private home launches plummet 71.4% to 616 units in July

Developers hold prices firm as the level of unsold stock remains low.

Singapore private home launches plummet 71.4% to 616 units in July

Developers hold prices firm as the level of unsold stock remains low.

Singapore private residential stock up 0.4% to 412,002 units in Q2

There were 1,882 newly completed units during the quarter.

Australia office completions below 10-year historical average

The new completions in H1 2024 are 56% below the average.

Hong Kong office vacancy rate climbs to 16.6% in Q2

This was driven by the Central/Admiralty area.

Singapore strata industrial sales hit two-year highs in Q2

Sales increased by 42.9% to 513 transactions during the quarter.

Sydney CBD to see 155,000sqm of new office stock in H2 2024

This will be from three developments slated to complete during the period.

Adelaide Grade A office rents rise by 1% in Q2

Supply constraints will continue to drive rental growth.

Hong Kong prime retail rents to decline by 5-10% this year

Over 10m sq ft of new retail supply will be completed from 2026.

Perth office rents grow 2.3% in Q2

Grade A rents increased by 3%.

Brisbane office vacancy rates at a 10-year low of 11.7%

There has been strong absorption in the prime office segment.

3 factors that prove Singapore residential rents are finally stabilising

Rents for 1- to 3-bedroom non-landed units fell 1.4% in Q2.

Australia prime office rents up 1% in Q2

This is the strongest growth since Q3 2023.

Singapore shophouse sales to hit up to S$800m in 2024

This is lower than the previous forecast of up to S$1.2 billion.

Singapore private home resale volume reaches two-year high in Q2

There were 3,802 resale homes transacted during the quarter.