"Metro Manila’s post-pandemic office scene is slowly regaining momentum, with developers focusing on introducing more certified green buildings. Older buildings need to remain competitive, forcing landlords to adapt and invest in strategies that align with changing priorities."

"Despite strong ongoing macroeconomic headwinds, Lahore’s residential market has grown steadily on the back of strong population growth, rural to urban migration, and interest from both owner occupiers and investors, resulting in steady demand for centrally located developments with high quality finishing and amenities."

"The government, prior to the 2024 policy address, announced substantial changes to Macau’s real estate policy. These modifications focus on two main areas: the elimination of the additional 5% stamp duty for second residential property purchases and the dissolution of the mortgage percentage for local residents in favor of a unified mortgage limit of 70%."

"The new generation of Grade A strata office buildings is set to establish elevated standards which prioritise sustainability and wellbeing, thereby enhancing asset value. This trend is encouraging property developers to include more ESG-compliant features, state-ofthe-art green technology and health and wellness amenities."

"With robust growth in online retail sales and the expansion of quickcommerce in the open-market sector, the imbalance between supply and demand is expected to be gradually addressed after 2025. "

"Logistics demand held up well during the COVID period due to operators refocusing on regional supply chain. Nevertheless, the sector faces many uncertainties in 2023 despite border reopening, with declining merchandise trades, slower-thanexpected retail recovery as well as the prolonged closure of borders diverting supply chains away from Hong Kong among the key issues facing the local logistics sector."

"An increase in the number of visitors to Jakarta has been driven by the growing MICE activity, which has lead to an improvement in occupancy rates in the hotel market. Even though the hotel market performance is still in a recovery phase, nightly room rates have returned to pre-pandemic levels."

"With more completions and softer economic conditions, rents for private residential properties are starting to show signs of inflecting. However, any decline is likely to be shallow and not back to levels where the sharp increase began in early 2021."

"The effect of the first store economy continues to ferment, attracting more new brands to open in Shenzhen, which is second to none in South China."

"As the expansion of major department store groups has intensified market competition, exclusive dining brands, flagship stores, and online retailers opening physical stores are strategies being adopted a win market share."