Colliers International 4Q 2015 Asia Pacific Office Market Map

1. Our Presence in
Asia Pacific
1
Mumbai
Bengaluru
Karachi
Kuala Lumpur
Singapore
Ho Chi
Minh City
Yangon
Chennai
Wellington
AucklandSydney
Brisbane
CanberraPerth Adelaide
Melbourne
Almaty
Jakarta
Delhi NCR
Manila
Taipei
Tokyo
Seoul
Beijing
Hong Kong
Shanghai
Chengdu
Hanoi
Bangkok
Note : Rents, vacancy rate forecasts and new supply forecasts are referring to prime quality office premises in CBD except India.
In India, rents are referring to prime quality office premises in CBD while new supply and vacancy rate forecasts are referring to the
prime quality space in the whole city.
Supply Forecast 2016
(Million sq ft)
Legend :
Supply Forecast 2017
(Million sq ft)
Prime Office Rents
in CBD, 4Q 2015
(US$ / sq ft / annum)
Forecast
Direction
2016
Vacancy Rate
2015
Forecast
Direction
2016
Forecast
Direction
2017
Forecast
Direction
2017
Astana
Guang
zhou
Shenzhen
$50.6 ↑ ↑
7.4% ↓ ↓
1.49
1.84
$40.5 ↓ ↓
14.5% ↓ ↓
2.41
5.39
$61.2 ↔ ↓
15.0% ↓ ↓
0.17
0.65
$33.0 ↑ ↑
21.0% ↔ ↔
7.87
8.28
$14.9 ↑ ↑
43.0% ↓ ↓
0.86
1.24
$31.1 ↑ ↑
13.0% ↔ ↓
5.48
4.53
$10.0 ↑ ↑
12.0% ↔ ↓
11.74
9.50
$83.1 ↓ ↑
27.7% ↓ ↓
0.59
1.03
$17.5 ↑ ↑
43.5% ↑ ↓
10.41
5.47
$35.0 ↓ ↓
15.0% ↑ ↔
0.43
7.21
$8.9 ↑ ↑
14.0% ↓ ↓
3.05
1.24
$19.6 ↔ ↔
12.6% ↑ ↓
1.06
0.27
$76.5 ↓ ↓
3.5% ↑ ↓
3.58
0.15
$39.4 ↓ ↓
19.6% ↑ ↓
0.88
0.00
$33.1 ↓ ↓
10.6% ↑ ↑
7.43
5.28
$56.9 ↓ ↑
4.7% ↑ ↑
5.49
5.70
$52.9 ↓ ↑
5.0% ↑ ↑
9.88
6.67 $23.5 ↑ ↑
9.9% ↑ ↑
6.01
7.04 $90.2 ↑ ↓
4.6% ↑ ↑
6.42
3.10
$25.3 ↑ ↑
18.0% ↓ ↑
0.58
1.07$128.2 ↑ ↑
2.5% ↑ ↑
1.04
2.28
$28.4 ↑ ↑
5.0% ↓ ↓
0.52
0.32 $30.0 ↓ ↓
0.3% ↑ ↑
0.00
0.00
$44.3 ↓ ↓
5.0% ↔ ↑
1.50
3.68
$41.8 ↑ ↑
11.5% ↑ ↓
2.07
0.00
$25.9 ↑ ↑
14.1% ↑ ↓
0.03
0.00
$39.6 ↑ ↑
6.9% ↑ ↓
1.29
0.32
$28.5 ↑ ↑
9.0% ↓ ↓
0.00
0.00
$23.0 ↑ ↑
1.6% ↑ ↑
0.00
0.27
$26.1 ↑ ↑
1.2% ↑ ↓
0.52
0.46
$26.7 ↓ ↑
15.7% ↑ ↑
6.78
4.21
$36.9 ↓ ↓
11.2% ↑ ↑
10.04
12.79

2. Copyright © 2015 Colliers International.
The information contained herein has been obtained from sources deemed reliable. While every reasonable effort has been made to
ensure its accuracy, we cannot guarantee it. No responsibility is assumed for any inaccuracies. Readers are encouraged to consult
their professional advisors prior to acting on any of the material contained in this report.
$2.3
billion in
annual revenue
502 offices in
67 countries on
6 continents
United States:
Canada:
Latin America:
Asia:
ANZ:
EMEA:
140
31
24
39
160
108
$1.70
billion square feet
under management
16,300
Professional
and staff
ASIA
Sam Harvey-Jones
+852 2822 0509
sam.harvey-jones@colliers.com
NORTH ASIA
Mainland China
Beijing
Kelvin Chow
+86 10 8518 1633 ext.113
kelvin.chow@colliers.com
Shanghai
Michael Wu
+86 21 6141 3638
michael.wu@colliers.com
Guangzhou
Eric Lam
+86 20 3819 3988
eric.lam@colliers.com
Shenzhen
Ken Kan
+86 755 8825 8648
ken.kan@colliers.com
Chengdu
Bonnie Chiu
+86 28 8658 6288 ext.810
bonnie.chiu@colliers.com
Hong Kong, HKSAR
Hong Kong
Wendy Lau
+852 2822 0550
wendy.lau@colliers.com
(E-141423)
Kowloon
Fiona Ngan
+852 2117 3301
fiona.ngan@colliers.com
(E-197789)
Japan
Tokyo
Katsuji Tokita
+81 3 5563 2117
katsuji.tokita@colliers.com
South Korea
Seoul
Jay Yun
+82 2 3775 7351
jay.yun@Colliers.com
Taiwan
Taipei
Amanda Yang
+886 2 8101 1120
amanda.yang@colliers.com
SOUTH EAST ASIA
Indonesia
Jakarta
Bagus Adikusumo
+62 21 521 1400 ext.506
bagus.adikusumo@colliers.com
Malaysia
Sam Harvey-Jones
+852 2822 0509
sam.harvey-jones@colliers.com
*Based in Hong Kong
Kuala Lumpur
Research data provided by
C H Williams Talhar & Wong
Sdn Bhd
URL : http://www.wtw.com.my
Foo Gee Jen
+603 2616 8888
fgj@wtw.com.my
Philippines
Manila
Jie Espinosa
+632 888 9988 ext.4016
jie.espinosa@colliers.com
Singapore
Singapore
Duncan White
+65 6531 8684
duncan.white@colliers.com
Thailand
Bangkok
Hathairat Yoorod
+66 2 656 7000
hathairat.yoorod@colliers.com
Vietnam
Ho Chi Minh City
Nhung Quan
+84 8 3827 5665
nhung.quan@colliers.com
Hanoi
Tri Nhan Nguyen
+84 8 3827 5665
trinhan.nguyen@colliers.com
Myanmar
Yangon
Tony Picon
+95 931 491 678
antony.picon@colliers.com
SOUTH ASIA
India
George McKay
+91 22 4050 4553
george.mckay@colliers.com
Vikas Kalia
+91 12 4456 7531
vikas.kalia@colliers.com
Bengaluru
Goutam Chakraborty
+91 80 4079 5500
goutam.chakraborty@colliers.com
Chennai
Shaju Thomas
+91 44 2836 1064
shaju.thomas@colliers.com
Gurgaon
Vikas Kalia
+91 12 4456 7531
vikas.kalia@colliers.com
Kolkata
Swapan Dutta
+91 12 4437 5807
swapan.dutta@colliers.com
Mumbai
Nishith Agarwal
+91 22 4050 4556
nishith.agarwal@colliers.com
New Delhi
Vikas Kalia
+91 12 4456 7531
vikas.kalia@colliers.com
Pune
Rishav Vij
+91 20 4120 6438
rishav.vij@colliers.com
Pakistan
Karachi
S. Fazal Ahmad
+92 21 3561 2550 2
fazal.ahmad@colliers.com
Lahore, Faisalabad
Naveed Khan
+92 42 3662 3312 8 (Lahore)
+92 41 2540 501 4 (Faisalabad)
Naveed.khan@colliers.com
Kazakhstan
Almaty
Bayan Kuatova
+7 727 311 54 43
bayan.kuatova@colliers.com
AUSTRALIA
Melbourne
Simon Hunt
+61 3 9612 8818
simon.hunt@colliers.com
NEW ZEALAND
Auckland
Rob Bird
+64 9 356 8803
rob.bird@colliers.com
Wellington
Jim Pinson
+64 4 470 3917
jim.pinson@colliers.com
For further details, please contact: