Key Highlights:

• Uptick in activities driven by local players despite emerging external risks.
• While occupiers remain prudent in spending, many companies continue to explore their workplace strategy, leading to active leasing inquiries. We expect the trend towards a flight to quality to grow.
• Despite a moderating inflation rate, we expect a bumpy road ahead for the retail sector.
• Residential real estate players will remain vigilant in making their moves as cost of living is becoming an outgrowing issue.