november 27, 2024

10 most expensive retail spaces in Asia Pacific 2024

As per the Cushman & Wakefield Main Streets Across the World 2024 report, main streets have shown resilience as headline rents surpassed the pre-pandemic levels globally.

Data: Cushman & Wakefield 

Let's have a look at some of the most expensive retail locations in the Asia Pacific region in 2024!

Rent per year: $595/ sq ft

10. Gangnam Station, Seoul, South Korea

Rent per year: $688/ sq ft

9. Myeongdong, Seoul, South Korea

Rent per year: $711/ sq ft

8. Shinjuku, Tokyo, Japan

Rent per year: $721/ sq ft

7. Central , Hong Kong, Central China

Rent per year: $802/ sq ft

6. Pitt Street Mall, Sydney, Australia

Rent per year: $830/ sq ft

5. Midosuji, Osaka, Japan

Rent per year: $949/ sq ft

4. Omotesando, Tokyo, Japan

Rent per year: $1,186/ sq ft

3. Ginza, Tokyo, Japan

Rent per year: $1,430/ sq ft

2. Causeway Bay, Hong Kong, Central China

Rent per year: $1,607/ sq ft

1. Tsim Sha Tsui, Hong Kong, Central China

In the Asia-Pacific region, Indiranagar 100 Feet Road in Bengaluru, India saw the strongest year-on-year rental growth, with rent increasing by 32% to reach $47.
 

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