Asian Cities Research

Savills Research and Consultancy aims to offer objective advice to clients in order to help them make well informed real estate related decisions and realise pre-defined goals.

 

Research search results: 140 found

 
Osaka Residential 1H 2015

Osaka Residential 1H 2015

01 April 2015

With Tokyo jumping to the top of many regional investors’ target list in 2014, the spotlight has gradually spread south to Osaka – Japan’s second biggest property market. Encompassing seven prefectures (including Osaka, Kobe, Kyoto and Nara), the Greater Osaka (or Kinki) region1, is home to an estimated 20.24 million people2. This makes it the eighth largest urban agglomeration in the world and places it not only above mature markets such as New York, Los Angeles and London,

 
 
 
Seoul Hospitality 1H 2015

Seoul Hospitality 1H 2015

01 April 2015

As of December 2014, based on Seoul Metropolitan Government statistics and recent hotel supply, the estimated Seoul hotel room stock is 33,792 across 220 hotels. By grade, fi ve- and four-star hotels account for 33.4% and 20.3% respectively, and combined they represent 53.7% of total stock. The proportion of existing Seoul hotel inventory is highly weighted toward upscale hotels.

 
 
 
Shanghai Office 1H 2015

Shanghai Office 1H 2015

01 April 2015

It cannot be denied that China’s economy is slowing. Last year’s growth, even with subdued inflation, yielded an extra RMB4.8 trillion in GDP, almost exactly the same as in 2007, when growth ran to 14.2% and inflation was far higher. In addition to this, the national economy is being more labour-intensive, with stronger performance in terms of job creation adding 13.2 million urban jobs last year, compared with 12 million in 2007.

 
 
 
Shenzhen Retail 1H 2015

Shenzhen Retail 1H 2015

01 April 2015

Shenzhen’s retail sales totalled RMB433.5 billion in the first 11 months of 2014, up 8.6% year-on-year (YoY) with the growth rate mirroring the slowing economic growth rates. This indicates that Shenzhen is currently entering a period of economic adjustment.

 
 
 
Singapore Residential 1H 2015

Singapore Residential 1H 2015

01 April 2015

By the end of June 2015, it would have been two years since the implementation of the Total Debt Servicing Ratio (TDSR) framework and two and a half years since the amended Additional Buyers Stamp Duty (ABSD) measure. These have been the two direct moves aimed at the private residential market. Indirectly, in 2013, there was the 30% Mortgage Servicing Ratio (MSR) cap that was applied first to public flats and then to Executive Condominiums (EC).

 
 
 
Taiwan Retail 1H 2015

Taiwan Retail 1H 2015

01 April 2015

The steady recovery of the Taiwanese economy in 2014 resulted in an increase in retail sales of 3.9% year-on-year (YoY), especially in car sales. Total car sales in 2014 reached 400,000 units, rising 12% YoY. One-third of these were imported vehicles.  It is believed that the growing trend in car sales will continue in 2015. It is noteworthy that since 2013, luxury and sports car brands have been expanding aggressively. Instead of setting up shop in the city centre, sports car brands suc

 
 
 
Tianjin Retail 1H 2015

Tianjin Retail 1H 2015

01 April 2015

Tianjin’s retail sales witnessed a steady growth rate before 2008 but slowed between 2009 and 2013, registering an annual average rate of 16.5%. In 2014, Tianjin’s retail sales totalled RMB430.6 billion, up 6.0% year-on-year (YoY). Tianjin’s per capita disposable income for urban residents reached RMB31,506 in 2014, up 8.7% YoY, with per capita consumption expenditure at RMB12,352 in the first half up 8.6% YoY. Increasing retail demands and spending power indicate great pote

 
 
 
Beijing Office 2H 2014

Beijing Office 2H 2014

18 November 2014

Following a similar trend witnessed over the past three years, Beijing’s Grade A office market continued to receive limited new supply in the second half of 2014. Only one new project was handed over adding an office GFA of 56,000 sq m to the market. As a result, Beijing’s Grade A leasable office stock grew to around 9.4 million sq m, remaining the largest market in mainland China. After a slowdown over the past year, demand began to pick up in 1H/2014 as the stabilised lo

 
 
 
Chengdu Office 2H 2014

Chengdu Office 2H 2014

18 November 2014

Chengdu is China’s strongest provincial capital and western China’s  technological, trade and financial centre. It has experienced strong economic growth in the last 14 years, with average growth of 13.4 percentage points. According to the Chengdu Statistics Bureau, gross domestic product (GDP) increased by 8.7 percentage points year on year to RMB484.3 billion in 1H/2014. Secondary industry was up 9.4% year on year to RMB225.8 billion, while the auto industry and ele

 
 
 
Chongqing Retail 2H 2014

Chongqing Retail 2H 2014

18 November 2014

Chongqing’s retail sales have witnessed stable growth over the last 14 years. From 2001 to July 2014, retail sales registered a nominal compound annual growth rate (CAGR) of over 10.5%. In the first seven months of 2014, retail sales totalled RMB288 billion, with year-to-date year-on-year growth reaching 13.1%, making Chongqing a leader in terms of total retail sales in south western China. The improvement in infrastructure has given momentum to the development of Chongqing&rsqu

 
 
 

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