Asian Cities Research

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Research search results: 126 found

 
Taiwan Hospitality 2H 2017

Taiwan Hospitality 2H 2017

04 October 2017

The number of foreign visitors to Taiwan marginally increased, by 2.4% year-on-year (YoY) to 10.69 million in 2016, with Chinese visitors accounting for 33% (3.51 million), Japan for 18% (1.9 million) and Hong Kong and Macau for 15% (1.6 million). The tourism industry had previously been in decline for two consecutive years, due to rising political tensions between China and Taiwan. However, in 1H/2017, conditions again proved to be difficult, with the number of oversea

 
 
 
Tianjin Office 2H 2017

Tianjin Office 2H 2017

04 October 2017

As one of the economic centres of northern China, Tianjin’s economy has been dominated by the manufacturing sector (secondary industry) for a long time. Steady economic growth has however provided a solid foundation for the recent development of tertiary industry, with its contribution to the economy exceeding 50% for the first time in 2015, signifying a key milestone in the city’s transformation from being a manufacturing-oriented economy to a services-orie

 
 
 
Tokyo Office 2H 2017

Tokyo Office 2H 2017

04 October 2017

Large-scale Grade B office metrics in the central five wards (C5W)2 have been improving as Tokyo office market fundamentals remain sound. Grade A office vacancy has remained tight and some demand appears to have spilled over to Grade B offices. Grade A vacancy in Shinjuku and Shibuya is particularly tight, and rental growth for Grade B offices in these wards has outpaced growth in other wards.

 
 
 
Vietnam Residential 2H 2017

Vietnam Residential 2H 2017

04 October 2017

In the late 1980s, the urban population of Viet Nam was 20% of the total. When economic liberalisation was embraced, the rate of rural migration to urban centres increased, and 30 years later it is now at its highest rate of 34%. In 2000, Viet Nam had approximately 2,200 sq km of urban land; by 2010 that land area had expanded to 2,900 sq km, overtaking Thailand and the Republic of Korea. With growth of almost 2% per annum, the pace of urbanisation over the last five ye

 
 
 
Seoul Retail 2H 2017

Seoul Retail 2H 2017

27 September 2017

Based on the Korea Appraisal Board (KAB) data in June 2017, 1/F rents in the top five retail areas for mid-size buildings have shown a divergent performance. Retail rents in Myeongdong and Gangnamdaero recorded steady growth from 2014 to mid 2016, but have recorded slight downward movement since 2016. Meanwhile retail rents for Hongdae-Hapjung increased due to new recreational facilities and improved infrastructure.

 
 
 
Vietnam Hospitality 1H 2017

Vietnam Hospitality 1H 2017

25 April 2017

Viet Nam is a rapidly growing Southeast Asian tourism destination. However, inbound traveller numbers are less than half those visiting the most popular ASEAN locations of Thailand and Malaysia. This gap represents significant potential. Inbound travellers have tripled in the last decade and in 2016, a 26% year-on-year (YoY) increase saw Viet Nam outperfoming other regional destinations.

 
 
 
Beijing Retail 1H 2017

Beijing Retail 1H 2017

24 April 2017

City-wide retail sales recorded an annual growth of 6.5% in 2016 to RMB1.1 trillion, although 0.8 of a percentage point (ppt) less than the increase in 2015. Online retail sales continued their strong momentum, registering a 20.0% YoY increase and accounting for 18.6% of total retail sales during the same period.

 
 
 
Chengdu Retail 1H 2017

Chengdu Retail 1H 2017

24 April 2017

According to the Chengdu Statistics Bureau, during the 2017 Spring Festival, the city’s overall shopping mall turnover was higher than that seen in department stores. Shopping malls such as International Finance Square, Global Century Plaza and CapitaMall Tianfu saw their operating income increase by more than 10%, an indication that the city’s retail market still has great potential.

 
 
 
Guangzhou Office 1H 2017

Guangzhou Office 1H 2017

24 April 2017

Despite the slowdown of the national economy, Guangzhou continued to witness strong economic growth in 2016. According to the Guangzhou Statistics Bureau, the city’s GDP grew by 8.2% year-on-year (YoY) in 2016, to RMB1.96 trillion, 1.5 percentage points (ppts) and 0.7 of a ppt higher than the National GDP growth rate and Guangdong Province GDP growth rate, respectively.

 
 
 
Hong Kong Office 1H 2017

Hong Kong Office 1H 2017

24 April 2017

Hong Kong has firmly established itself as the most expensive office market in Asia and CBD rents are now at an all-time high, after registering 4.2% growth in 2016. On Hong Kong Island, rental growth generally remained in positive territory throughout 2016 driven predominantly by a lack of available stock. Grade A vacancy in the island’s main business districts ended the year just shy of 2%, very low by historical standards.

 
 
 

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