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Korea Co-living 1H/2023
"Co-living is defined as a form of rental housing which includes shared living rooms and kitchens apart from private rooms within a single building."
Tagged Articles
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"Co-living is defined as a form of rental housing which includes shared living rooms and kitchens apart from private rooms within a single building."
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"The tourism industry has played a significant role in the economic recovery of Macau. The city’s gaming revenue saw an astounding YoY growth of over 300%, reaching 49.3 billion in the first four months of 2023. Moreover, statistical data as of April 2023 indicates that the rebound in gaming revenue has exceeded the quarterly target and is expected to continue its upward trend."
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"With increasing economic challenges and the shedding of workers in the tech industry, the Singapore office market is now at a crossroads. Although many tenants have been impacted by the troubles afflicting their respective industries, their office leases still have a reasonable runway left, courtesy of signing long term leases when times were good. However, today, more find themselves with space which they do not need and are actively trying to lease out."
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"Commercial property and land transactions drop 70% in Q1 Both sellers and buyers remained conservative in the face of economic, financial, and housing policy uncertainties."
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"Net absorption in Q1 fell into negative territoryRents continue to nudge up even as vacancy rises."
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"Savills expects uncertainty about the ECB's interest rate outlook and the impact of regulation on investment and development markets to be the biggest influences on Dutch real estate investment volumes in 2023."
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"Chongqing’s GDP reached RMB2,083 billion in the first three quarters of 2022, a 3.1% increase YoY. The growth value of the tertiary industry reached RMB1,109 billion, up 2.5 ppts YoY. The investment market remained stable from 2021 to 2022, with seven bulk transactions recorded."
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"The city continued to struggle against a confluence of downside risks including a slowing domestic economy, stringent border policies, rising interest rates and an uncertain macro-outlook. Total imports and exports of goods and services are expected to drop by 9.9% YoY and 10.3% YoY respectively due to restrictions on crossborder activity with mainland China and the deterioration in demand from the rest of the world."
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"2022 has been a year of challenges for most economies. Supply chain disruption and geopolitical events such as the Russian invasion of Ukraine and the subsequent spiralling of energy prices among other things, have meant that inflation has remained beyond the comfort level of most central banks."
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"2022 witnessed the relaxation of COVID-19 restrictions and the reopening of various economic sectors as Malaysia transitioned to the endemic phase. As a result, the Gross Domestic Product (GDP) in Q3/2022 recorded a significant YoY growth of 14.2% to RM383.8 billion, an increase of RM47.6 billion from Q3/2021. "