Knight Frank: Strongest Office Markets Are Taipei, Seoul, Guangzhou

The video discusses the post-pandemic workplace, highlighting tenant-friendly environments and the hybrid work model's limited impact in Asia. It explores bank downsizing trends and decentralization strategies, noting a shift towards agile workspaces. The residential market in Asia Pacific shows strong demand, driven by local buyers and low interest rates, with significant growth in Singapore.

What is a significant trend in the post-pandemic workplace environment in Asia Pacific?

• Decrease in tenant-friendly locations

• Increase in hybrid working models

• Decline in the semiconductor industry

• Stability or increase in rents

How are occupiers in Asia responding to the hybrid working model?

• They are moving to remote-only work

• They are downsizing their office spaces

• They are concerned and bringing workers back to the office

• They are fully embracing it

What strategy are some global banks adopting in response to market changes?

• Centralizing their operations

• Expanding their CBD campuses

• Increasing their office footprint

• Decentralizing to fringe locations

What is driving the strong local demand in the residential market in Singapore?

• Foreign buyers

• Ultra-high-net-worth individuals

• High interest rates

• Decreasing property prices

What has been the impact of border closures on the residential market?

• Increased foreign buyer activity

• No impact on the market

• Decreased local demand

• Foreign buyers taking a step back