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- Supported by strong corporate earnings, particularly within the technology sector, leasing demand remained active among both multinational and domestic occupiers.
- Robust leasing momentum supported rental growth, with Grade A office rents reaching NT$3,291 per ping in Q2, up 0.4% QoQ and 1.8% YoY.
- Supported by strong absorption in newly completed buildings, the vacancy rate declined by 1.3 ppts QoQ to 5.3% in Q2, with Dunhua N. district recording its lowest vacancy level in nearly ten quarters.
- Several large leasing deals were recorded during the quarter, with office upgrades and cross-market relocations increasingly concentrated in new office buildings within the Non-core district.
- Premium office rents are no longer confined to Xinyi, with high-quality office buildings driving rental growth in Dunhua N. and the Non-core district.