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: 126 found

 
Macau Retail 2H 2014

Macau Retail 2H 2014

18 November 2014

Macau’s economy grew at a brisk rate of 10.2% in Q2/2014, 2.8 percentage points (ppts) above that of China (7.4%) and 8.0 ppts over Hong Kong. The rebound in external demand as well as capital investment in tourism and gaming facilities are the main drivers of this rapid growth.  Given the strong economic performance, the median monthly income of residents rose to a record-breaking level of MOP13,000 per month in Q2/2014 and the overall unemployment rate in Macau regist

 
 
 
Manila Office 2H 2014

Manila Office 2H 2014

18 November 2014

The Philippines’ economic performance has remained robust as it posted a 6.4% GDP growth for the second quarter of the year. Its growth decelerated from 7.2% in 2013, a result of the super typhoon last November which decreased agricultural production and damaged critical infrastructure. However, the economy is expected to benefit from the massive reconstruction plans by the end of the year. The country’s move towards a more business-friendly climate also remains on track a

 
 
 
Seoul Retail 2H 2014

Seoul Retail 2H 2014

18 November 2014

Consumer sentiment in 1H/2014 improved compared with 2H/2013. The consumer sentiment index in 2H/2014 is also believed to have improved since 1H/2014, considering the weaker domestic consumption experienced since the ferry sinking off the southern coast of South Korea in April. Overseas credit card spending grew 15.4% in 2013, outpacing the increase in domestic spending of 3.2%, according to the Bank of Korea. Imports through e-commerce sites rose 47% in 2013 to about $1 billion, acco

 
 
 
Shanghai Retail 2H 2014

Shanghai Retail 2H 2014

18 November 2014

Affected by the slowing economy, retail sales growth rates in Shanghai continued to slow to less than 10% in the first six months of 2014. Additionally, the city is faced with an average annual supply influx of 1.0 million sq m over the next three years, placing downward pressure on city-wide rental levels. Since 2H/2013, Shanghai’s overall rental growth has continued to slow. Although a select number of leading projects were able to achieve an annual rental growth rate of aroun

 
 
 
Shenzhen Residential 2H 2014

Shenzhen Residential 2H 2014

18 November 2014

Shenzhen was the nation’s first Special Economic Zone and, due to its proximity to Hong Kong, an important gateway to China. Shenzhen is also the most popular immigrant city in the country. By the end of 2013, the population had reached 10.6 million, of which the non-resident population accounted for 71%. A large migratory population allows constant new demand to enter Shenzhen’s residential market. In 2013, Shenzhen’s GDP per capita reached RMB136,947, up 9.6% year-

 
 
 
Singapore Investment 2H 2014

Singapore Investment 2H 2014

18 November 2014

Investment in real estate is usually defined as taking a long term position in physical property for the purpose of reaping rental income during the holding period and capital gains at the end of that period. Although the investment decisions may appear rather intuitively straightforward for many, that is perhaps only for the individuals or those engage in crowd funding where the investment quantum is rather small and thus the decision making process need not jump through too many hoops. Howe

 
 
 
Taiwan Hospitality 2H 2014

Taiwan Hospitality 2H 2014

18 November 2014

The Taiwan tourism market continued to enjoy fast growth of inbound visitors in 2013. More than 8 million international travellers were recorded last year, representing a 10% increase year-on-year (YoY) and, furthermore, the rate of growth accelerated in the first six months of 2014, with international travellers reaching 4.6 million, up 27% compared with the same period in 2013. This was driven mainly by travellers from China and Japan, with a 38% and 19% increase YoY respectively. Apart fro

 
 
 
Tianjin Residential 2H 2014

Tianjin Residential 2H 2014

18 November 2014

Tianjin is a municipality in northern China and the fourth largest city in the country. As part of the Bohai economic rim, it is the largest coastal city in northern China. Bordering Heibei province and Beijing municipality, it is considered “the Pearl of the Bohai Sea”, becoming the transport hub of North China and the gateway to Beijing. By the end of 2013, Tianjin’s population reached 14.72 million, of which 4.41 million were migrants. Its growing migrant populati

 
 
 
Viet Nam Hospitality 2H 2014

Viet Nam Hospitality 2H 2014

18 November 2014

Viet Nam is an attractive destination for both domestic and international tourists due to its natural landscapes, particularly its long and beautiful coastline and world heritage sites. In 1H/2014, there were 27.7 million visitors, up 9% year on year, at 61% of the target for 2014. International visitors have significantly increased since 2010, at 13% per year on average. In 2013, there were 7.6 million international visitors, surpassing 7 million for the first time, up 11% year on ye

 
 
 
Beijing Residential 1H 2014

Beijing Residential 1H 2014

28 April 2014

Beijing enjoyed strong economic growth between 2001 and 2010, with a GDP compound annual growth rate (CAGR) reaching 16%. Echoing the economic slowdown and uncertainties at home and abroad, Beijing’s GDP growth has slowed over the past three years to 7.7% by the end of 2013. Beijing is the second largest city nationwide in terms of population (21.2 million by the end of 2013), and hosts a large pool of affluent and high net worth individuals. Local residents have strong affordab

 
 
 

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