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

 
Guangzhou Hospitality 2H 2014

Guangzhou Hospitality 2H 2014

18 November 2014

Since 2012, thanks to the entrance of several renowned luxury hotel brands, Guangzhou’s hospitality sector has experienced a period of remarkable development. The Four Seasons, Mandarin Oriental and W Hotel launched their Guangzhou locations within that time, all in Tianhe district. Prior to this, there was only one hotel which could be categorised as a luxury five-star hotel – The Ritz-Carlton Guangzhou, established in 2008. The entrance of the Four Seasons and Mandarin Oriental

 
 
 
Hong Kong Logistics 2H 2014

Hong Kong Logistics 2H 2014

18 November 2014

Total trade growth is expected to recover slightly to 9.4% per annum over the next five years, compared with the 8.3% annual growth recorded from 2004 to 2013, given a full-blown recovery of the US and European economies. While trading performance may still moderate in the short term, the outlook for retail sales is more positive, with an expected 10.8% per annum growth rate from 2014 to 2018, higher than the 9.1% annual increment over the past decade.

 
 
 
Japan Hospitality 2H 2014

Japan Hospitality 2H 2014

18 November 2014

According to the Japan National Tourism Organization (JNTO), the number of international tourists visiting Japan in 2013 totalled a record 10.36 million, up by 24.0% from 8.36 million in 2012. Between January and March this year, the number of overseas arrivals reached an estimated 2.87 million – equivalent to approximately 28% of 2013’s total or 11.5 million on an annualised basis. This growth has been driven principally by Japan’s rising popularity among Asian tourists.

 
 
 
Kuala Lumpur Office 2H 2014

Kuala Lumpur Office 2H 2014

18 November 2014

Malaysia’s economic growth continued in the first and second quarters of 2014, with the gross domestic product (GDP) increasing faster than expected. Malaysia’s economy grew 6.2% in the first quarter of 2014 and 6.4% in the second quarter, when many economists had expected growth of between 5.7% and 5.8% in both quarters. The fast pace of economic growth is due to the rise of exports and private domestic demand. Private investment continued to register double digit growth,

 
 
 
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

 
 
 

Key contacts

Fong Kean Hwa

Fong Kean Hwa

Executive Vice President
Research & Consultancy

Savills Kuala Lumpur

+603 2092 5955

 

Lek Chay Tong

Lek Chay Tong

Executive Vice President
Research & Consultancy

Savills Kuala Lumpur

+603 2092 5955

 

Simon Smith

Simon Smith

Senior Director
Research & Consultancy

Savills Two Exchange Square, 23/F

+852 2842 4573

 

Subscribe to Savills Research

 

Would you like to be notified via email about new research?