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

 
Chengdu Residential 1H 2014

Chengdu Residential 1H 2014

28 April 2014

Chengdu has long been recognised as one of China’s fastest growing and most liveable cities. The city’s economy has gone through an amazing transformation over the last decade and a half. In 2013, GDP reached RMB910 billion, more than 10% higher compared with 2012. The city’s economy is the second largest in the west of China, just behind Chongqing (RMB1,266 billion). Given that is the municipality’s administrative region, is the same size as some of China&rsqu

 
 
 
Dalian Office 1H 2014

Dalian Office 1H 2014

28 April 2014

Dalian’s Grade A office market is currently divided into four areas, including two traditional business areas and two emerging areas: Renmin Road, Qingniwa, Xinghai Square and East Harbor respectively.

 
 
 
Guangzhou Retail 1H 2014

Guangzhou Retail 1H 2014

28 April 2014

As the commercial and trade centre of southern China, retail sales in Guangzhou have maintained strong growth for the last ten years. Between 2003 and 2013, retail sales registered a nominal compound annual growth rate (CAGR) of over 16%, making the city’s retail market one of the fastest growing in mainland China. In 2013, retail sales totalled RMB688.3 billion, with year-to-date year-on-year (YoY) growth at 15.2%, which lists Guangzhou as third, after Shanghai and Beijing, among first

 
 
 
Hong Kong Retail 1H 2014

Hong Kong Retail 1H 2014

28 April 2014

In the past few years, Hong Kong’s tourism market has been dominated by mainland tourists – especially compared with other major tourist cities – welcoming over 40 million of these visitors in 2013, representing a staggering 75% of all arrivals. In Singapore, for example, mainlanders represented 14% of total visitors in 2012, New York fewer than 5%, Paris around 2% while London recorded below 1% of all visitors of mainland origin. Only Macau can begin to match Hong Kong with

 
 
 
Kuala Lumpur Office 1H 2014

Kuala Lumpur Office 1H 2014

28 April 2014

The Malaysian economy increased at a steady rate of 4.4% in the second quarter of 2013 compared with 4.1% in Q1/2013. In line with forecasts, GDP reached 5.0% in Q3/2013 and 5.1% in the fourth quarter. However, with the global economy affected by the weak US dollar and the euro crisis, which caused fluctuations in international trades, including the performance of supplies and services, the country’s overall GDP for 2013 contracted by 0.9% to stand at 4.7% by year’s end, c

 
 
 
Manila Office 1H 2014

Manila Office 1H 2014

28 April 2014

The Philippines is currently one of the fastest growing economies in Asia, despite the calamities the country faced last year. While global growth remains in low gear, the Philippines’ economy posted growth of 7.2% in 2013, continuing the trend seen over the past few years. The current state of the Philippine economy has also prompted economists to maintain their high growth forecasts for 2014, with the International Monetary Fund expecting 6.0% growth and the World Bank 6.5%, w

 
 
 
Qingdao Office 1H 2014

Qingdao Office 1H 2014

28 April 2014

As one of China’s most important harbour cities and coastal resorts, Qingdao is the economic centre of Shandong province. The city is a major economic, cultural and tourism hub in the Bohai Economic Region and home to the second largest port in northern China in terms of throughput. Qingdao maintains strong economic ties with both Japan and Korea, given its geographical proximity, with many companies having established offices here. Qingdao ranked third in terms of GDP among nor

 
 
 
Seoul Hospitality 1H 2014

Seoul Hospitality 1H 2014

28 April 2014

The number of international visitors has increased by an average of 11.2% per annum since 2007, reaching over 10 million for the first time in 2012. This trend has continued and international visitor arrivals recorded an historical high in 2013 at 12.2 million, up 9.3% from the previous year. Compared with 2007, almost double the number of international visitors who arrived in Korea in 2013. Korea’s K-pop culture, Korean Wave, beauty and health services, cuisine, and shopping ar

 
 
 
Shanghai Office 1H 2014

Shanghai Office 1H 2014

28 April 2014

Following the historical economic reform led by Deng Xiaoping in the 1970s, Shanghai has become one of the strongest performers of all mainland cities, registering a remarkable nominal GDP compound annual growth rate (CAGR) of 13.5% between 2000 and 2010. In an effort to accelerate the city’s development, the State Council hastened plans to turn the city into an international financial hub and shipping centre in 2009. In the late 2000s, due to weak external demand, a strong renm

 
 
 
Shenyang Retail 1H 2014

Shenyang Retail 1H 2014

28 April 2014

In the first nine months of 2013, Shenyang‘s GDP increased by 8.3% year-on-year (YoY), to RMB522.31 billion. Retail sales reached RMB229.79 billion in the same period, up 13.3% YoY. Meanwhile, urban residents’ disposable incomes grew by 10.1% YoY to RMB22,090.

 
 
 

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