News
Upper-luxury condo launches in Jakarta to remain negligible this year
8+ hour, 58+ min ago (227+ words) Blame it on weakened demand. According to a JLL report, the pipeline of new upper-luxury high-rise residential launches in Jakarta is projected to remain negligible in 2026 due to weakened demand. At the same time, current market supply is tightening as…...
Seoul office investment surges by 13% in Q1
2+ week, 6+ hour ago (247+ words) Owner-occupiers and core assets support the city's office deal activity. Seoul's office investment market recorded KRW3. 0 trillion in transactions in Q1 2026, up 13% year-on-year from KRW2. 7 trillion, according to Savills. However, this still represents only about 14% of the record KRW21 trillion achieved in 2025, reflecting a…...
Seoul prime office vacancy rises to 4% as CBD sees negative absorption in Q1
3+ week, 7+ hour ago (253+ words) Net absorption stood at -26, 900sqm during the quarter. Seoul's prime office market recorded negative absorption in Q1 2026, with vacancy rising across most major districts, according to Savills. Total net absorption stood at -26, 900 sq m, pushing the average vacancy rate up 0. 4 percentage points…...
Tokyo residential occupancy rate increases to 96. 8% in Q1
3+ week, 7+ hour ago (192+ words) This represents an increase of 0. 6 percentage points from the previous quarter. Occupancy rates across Tokyo's 23 wards (23 W) edged higher in Q1 2026, rising 0. 6 percentage points quarter-on-quarter to 96. 8%, according to Savills. Savills reported that occupancy remained stable year-on-year, while the central five wards (C5 W) also…...
Jakarta serviced apartment rents hold flat amidst soft demand
3+ week, 8+ hour ago (220+ words) Demand in early 2026 was primarily driven by renewals. Jakarta's serviced apartment market remained stable but constrained in Q1 2026, with demand largely driven by lease renewals rather than new arrivals, according to Colliers. Colliers notes that the first quarter is typically the…...
Ready-to-move-in units lead Jakarta apartment absorption in Q1
1+ mon, 2+ day ago (231+ words) Over half of the 290 units sold in Q1 were from ready-to-move-in stock. Apartment demand in Jakarta remained stable in Q1 2026, supported by government incentives and a growing preference for completed units, according to Colliers. Colliers reports that total apartment sales reached approximately…...
Jakarta retail stock hits 4. 9m sqm in Q1
1+ mon, 2+ day ago (172+ words) Supply in Greater Jakarta alone rose to around 3. 3m sqm during the quarter. Jakarta's retail sector is increasingly shifting toward experiential concepts, with developers focusing on upgrades and targeted expansions rather than large-scale new supply, according to Colliers. Colliers reports that…...
Tokyo large-scale grade B office rents surpass 2020 peak
1+ mon, 5+ day ago (229+ words) Rents rose nearly 20% year on year in Q1. Tokyo's large-scale Grade B office market continued to strengthen in Q1 2026, recording rental growth broadly in line with the Grade A segment and surpassing its previous 2020 peak, according to Savills. In its latest market…...
Singapore grade A office rents forecast to rise 5% in 2026
1+ mon, 6+ day ago (277+ words) Tight supply is expected to support office rents through the year. The outlook for Singapore's office market remains cautiously positive, with continued rental growth expected through 2026 despite global macroeconomic and geopolitical uncertainty, according to CBRE. CBRE Research said limited new…...
Hong Kong home sales surge in February as primary market outperforms
1+ mon, 2+ week ago (175+ words) Primary sales hit 4, 109 units in February, surpassing 2024 levels. Hong Kong's residential market saw a strong uptick in February, with total transactions reaching 12, 338 units, driven by robust activity in both primary and secondary segments, according to Knight Frank. Primary sales climbed…...