| Table 7. Central Business District Office Business Vacancy Rates and Rental Yields. | ||||||||
| Vacancy Rates | Rental Yield | |||||||
| 1997 | 1998-99 | Jun-97 | ||||||
| Seoul | 9.50% | |||||||
| Jakarta | 10% | 20% | 7.20% | |||||
| Kuala Lumpur | 3% | 20% | 5.80% | |||||
| Manila | 1% | 3% | 9.30% | |||||
| Singapore | 8% | 12% | 3.90% | |||||
| Bangkok | 15% | 20% | 6.80% | |||||
| Hong Kong | 6% | 10% | 3.50% | |||||
| Shanghai | 30% | 40% | 8% | |||||
| Taipei | 4.80% | |||||||
| Source: JP Morgan "Asian Financial Markets," January 1998. 1997 figures for vacancy rates are | ||||||||
| estimates; 1998-99 figures are forecasts. | ||||||||