Commercial Property

The downward rental trend will continue for the rest of 2022.

The average fit-out cost is US$130 per sqft.

It was awarded to Topco (H.K.).

The retail podium at Coo Residences in Tuen Mun was sold for $450m.

Across submarkets, Central posted the largest drop in rents.

It was awarded on a 50-year land grant.

Singapore ranked 5th amongst APAC markets with the highest investment volume.

Year-on-year sales declined by 28.9%

The site is designated for non-industrial purposes.

Companies should rethink their office design as hybrid work gains traction.

The companies also seek to seize opportunities in the Northern metropolis. 

Strategies include the introduction of Light Public Housing.

Realtors cited two property types that can offer higher upside potential in return.

Real estate expert, Cathie Chung, said that the market will have a reset by 2023.

The building has a total gross area of approximately 31,331 sqft.

Causeway Bay vacancy hit single-digits for the first time since Q1 2020.