Commercial Property
Retail spaces in non-core areas continue to pull investments
The retail podium at Coo Residences in Tuen Mun was sold for $450m.
Office net effective rents drop 0.6% MoM in October
Across submarkets, Central posted the largest drop in rents.
Kwai Chung site sold for $1.1b to CITIC Pacific subsidiary
It was awarded on a 50-year land grant.
Commercial investment volumes drop 19% YoY to US$1.7b in Q3: MSCI
Singapore ranked 5th amongst APAC markets with the highest investment volume.
Property sales fall 8.1% MoM in October
Year-on-year sales declined by 28.9%
Site in Kai Tak up for public tender
The site is designated for non-industrial purposes.
Flexible office spaces expand in Hong Kong: JLL
Companies should rethink their office design as hybrid work gains traction.
Henderson Land, CR Land partner to boost GBA integration
The companies also seek to seize opportunities in the Northern metropolis.
Government unveils strategies for land, housing
Strategies include the introduction of Light Public Housing.
Where to invest your millions in real estate
Realtors cited two property types that can offer higher upside potential in return.
Property market ends downcycle
Real estate expert, Cathie Chung, said that the market will have a reset by 2023.
30-38 Lam Tin Street, Kwai Chung for sale via expression of interest
The building has a total gross area of approximately 31,331 sqft.
High-street shop vacancy improves to 14.4% in Q3: CBRE
Causeway Bay vacancy hit single-digits for the first time since Q1 2020.
Warehouse vacancy inches up to 2.7% in Q3
The completion of a new logistics centre in Tuen Mun contributed to this.
Commercial property investment volume up 5.7% QoQ to $18.1b in Q3
A total of 20 transactions were accounted for during the period.
New supply pushes Grade A office vacancy up to an all-time high of 11.9 million sq ft
Q3 saw an additional 1.8 million sq. ft. of new office space.
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