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A survey of 651 corporate real estate executives found that 56 per cent see no immediate impact on space demand, while 25 per cent expect to expand their footprint.
As the office market in Kowloon grapples with a substantial oversupply, the atmosphere has become increasingly cautious among tenants. Steve Ng, Executive Director and Head of Kowloon Office Strategy & Solutions at Knight Frank, pointed out that the first…
Central, Hong Kong’s frenetic business and retail heart, crammed with skyscrapers, swanky malls and luxury hotels, is the most expensive district for renting office around the world. Although the office rent in Hong Kong’s Central district is already the…
Hanoi and HCMC will continue to be among the best performing office space markets globally in 2019, top property consultants have predicted. Troy Griffiths, deputy managing director of real estate service firm Savills, said that it was the case last year and…
The Klang Valley office market is expected to remain vibrant this year, despite the influx of new buildings which is expected to affect occupancy rates, said Knight Frank Malaysia. “Due to the influx of new buildings, particularly in TRX, occupancy rate in…
Saigon leads Vietnam in real estate interest, drawing 300 million internet searches in the last 12 months. According to a report recently issued by Batdongsan.com.vn, one of the biggest property portals in Vietnam, Hanoi is the second most searched city when…
With office rents rising constantly for several years, HCMC has moved into the top 20 Asia-Pacific office rent markets. Grade-A office rents in Ho Chi Minh City have reached a five-year peak of $936 per square meter a year, according to property service firm…
High-rise buildings in downtown HCMC have seen monthly rents rocket to $70 per square meter, the highest in five years. A report on the Ho Chi Minh City office market in the third quarter of 2018 said the main reason for rising prices is that office supply is…
Office rentals in downtown Ho Chi Minh City have been rising steadily over the last three months, a new report says. Grade A office rent has seen a 7 percent increase in the second quarter over the first quarter and 17 percent increase over the same period…
Hong Kong has become the world’s highest-priced office market and Asia continued to top the list of the world’s most expensive office locations, accounting for four of the top five markets, according to CBRE Research’s latest semi-annual Global Prime Office…
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