The office market on the verge of growth in Southeast Asia

The development of strong economic growth in Southeast Asia area has the high-quality demand of the space work.

According to the latest report from Knight Frank, the economic development in Southeast Asia is very good, open the office of the future market.

The specific date, compared with last year, Price Index Office 1,1 increased % and% compared to the 0,7 / IV in 2017. Asia Pacific market research expert, Nicholas Holt said: "the activities of the economic growth to allow market forces in the area of office is maintained at a relatively high level in 2017. This increase in demand, from space to space work and technical work trend will continue to be prominent in the year 2018 in most of the focus of the market in the Asia Pacific".

According to the increase of Knight Frank level, while the highest in the region is in the Jakarta office rental increase 3,8% from the III / IV / 20172017 years of a woman. Forecast office rental prices remained at the level of appeal, in the next 24 months at least.

Second of Manila's 2.5% growth range from the III / IV / 20172017 years of a woman. Office market growth due to the professional training industry (BPO).

The third quarter growth in Sydney and the level is not high than 2,1%, Mumbai (2%) and Singapore (1,8%).

In twentieth, the largest decline and growth level in the Seoul office market is 1,9% from the previous quarter, lower than Beijing (0,9 in Phnom Penh (1%), Melbourne (%), 0,2%).

Knight Frank said: "in the next 12 months, the mayor's office in 1620 city is the country's growth will stabilize or improve tracking, an expert like prediction".