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: 154 found

 
Chengdu Residential 2H 2017

Chengdu Residential 2H 2017

04 October 2017

Chengdu, the capital of Sichuan province, is China’s western economic centre. Benefitting from central government’s "Go West" policy launched in 2000, the city’s economy expanded greatly despite seeing a slowdown due to the global financial crisis and the Wenchuan Earthquake in 2008. Economic growth recovered thereafter then slowed in response to the nationwide economic slowdown from 2013 to 2015. Chengdu’s GDP increased by 8.2% year-on-year (YoY) to RMB611.1 billion i

 
 
 
Guangzhou Retail 2H 2017

Guangzhou Retail 2H 2017

04 October 2017

Guangzhou, known as the nation’s commodity trade centre, is home to the largest trade fair in China – "The Canton Fair". The Canton Fair is held twice a year and attracts merchants from around the world. These merchants and wholesalers fill up retail streets across the city, offering an array of goods and specialty items. The festival reflects the Guangzhou retail market’s ongoing significance.

 
 
 
Hong Kong Residential 2H 2017

Hong Kong Residential 2H 2017

04 October 2017

Several critical factors continue to propel Hong Kong’s residential market forwards including negative real interest rates, a buoyant Hang Seng Index, limited availability of stock and ample liquidity alongside attractive mortgage packages offered by banks. Volumes in the luxury (1,000 sq ft plus) bracket have picked up over the past quarter in both Hong Kong Island and Kowloon partly due to new project launches but equally to an active secondary market. Across the market as a whole, ho

 
 
 
Jakarta Residential 2H 2017

Jakarta Residential 2H 2017

04 October 2017

Jakarta is Indonesia’s economic powerhouse, priding itself on being the nation’s main commercial, political and business hub. Jakarta follows a similar trajectory to Indonesia’s GDP growth rate and has even historically maintained figures higher than Indonesia. Its annual GDP growth rate for the second quarter of 2017 sat at 5.96%, outperforming Indonesia’s result of 5.01%. Such performance is due in large part to the city’s improved household consumption in ligh

 
 
 
Kuala Lumpur Office 2H 2017

Kuala Lumpur Office 2H 2017

04 October 2017

Total supply of office space reached 119 million sq ft at the end of 1H/2017, meaning that Greater Kuala Lumpur (KL) is the largest office market (in terms of floor space) in Southeast Asia.

 
 
 
Shanghai Residential 2H 2017

Shanghai Residential 2H 2017

04 October 2017

Shanghai’s, and indeed China’s, residential market has once again defied many market commentators’ expectations over the last two years by recording a staggering 50% growth in pricing. This has brought average pricing to RMB48,000 per sq m by Q2/2017, while some of the most expensive units have traded at more than RMB200,000 per sq m. First-hand average transaction prices are now 360% more expensive than they were ten years ago.

 
 
 
Shenzhen Office 2H 2017

Shenzhen Office 2H 2017

04 October 2017

Shenzhen is the second largest economy in Guangdong Province and the fourth largest in China. It is one of two key mainland cities in Guangdong’s Big Bay Area, which includes nine mainland cities and two Special Administrative Regions: Hong Kong and Macau. Shenzhen was granted China’s first ‘Special Economic Zone’ status in the late 1970s. This status, along with Shenzhen’s strategic location, allowed it to become China’s leading manu

 
 
 
Singapore Residential 2H 2017

Singapore Residential 2H 2017

04 October 2017

Following the termination of the Financial Investor Scheme (FIS) in Singapore in April 2012, high end residential sales have been in decline. The FIS provided investors with an alternative route to gain Singapore Permanent Residency (PR) status and as such created demand for high-end real estate.

 
 
 
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

 
 
 

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