News roundup: Worldwide super luxury home sales are down, plus other stories
Super luxury home sales down worldwide, Brisbane CBD needs 11 towers, PH office market improves
Super luxury home sales down worldwide, Brisbane CBD needs 11 towers, PH office market improves
Philippines office market demand, Thailand’s best condo developments, Singapore’s home prices’ slow rise
Chennai’s residential market, Australia’s rental growth, Hong Kong’s Grade A office market
Australia’s autumn sales window, Singapore’s office rent rebound, Manila’s office market performance
Australia’s housing market surge, Cebu’s properties rising, Mumbai’s office and housing markets boom
Manila's office rebound, luxury residential surge, and Colliers' insights predict future growth trends
BPO firms account for more than 56 percent of these deals
Leasing volumes are said to further accelerate during the latter half of the year
Moreover, POGOs, which occupied the majority of office space prior to COVID-19, have slowly returned to the market
Furthermore, it is a top-ranking destination for investors looking into the luxury property market
The technology sector was at the forefront of office space demand at 42 percent
Leasing activity in the office market has improved substantially since April, and the decline in Grade A office rent has recovered
Housing sales across eight cities in India went up by 60 percent annually from January to June this year
Foreign buyers were responsible for 38 percent of all deals in Q1 2022
The Philippines handles 10 to 15 percent of the worldwide BPO market and provides services mainly to the US
The majority of coworking spaces and serviced offices in Vietnam are located in large cities like Hanoi, which has 64 locations
The city-state’s real estate market also saw a 21 percent annual increase in transactions of income-earning assets
For the last two years, the highest unit-area rates for office properties have been recorded in the Gangnam Business District
Retail and office sectors fared significantly while logistics and manufacturing grew at a steady pace of 3.5 percent YoY
After businesses in North Bengaluru create more jobs, it will capture ~30 percent overall office absorption by 2025
An influx in logistics deals will help the value of commercial real estate transactions in Australia is on return to pre-COVID levels this year
It is expected that there will be a sustained demand in Cebu, Iloilo, and Pampanga
The office sector remained the most popular in Asia Pacific in terms of overall volume
Office supply nearly doubled to 14.3 million sq ft