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

 
Kuala Lumpur Investment 2H 2015

Kuala Lumpur Investment 2H 2015

22 September 2015

Malaysia retail sales growth has been revised for the fourth time by the Malaysia Retailers Association, lowered from an initial anticipated growth rate of 5% to 3.1% for 2015. 1H/2015 saw a major decline in sales, experienced by even the best malls. The Malaysia Consumer Sentiment Index has reached a low point, similar to the level recorded during the Global Financial Crisis (2008). Market expectations for Q4/2015 are for an improvement if sentiment picks up.

 
 
 
Penang Investment 2H 2015

Penang Investment 2H 2015

22 September 2015

Tourism and the manufacturing are the two core support sectors of Penang’s economy. Since UNESCO gave World Heritage Site status to George Town (the capital city of Penang) in July 2008, tourism has grown at a remarkable rate. This is evidenced by the arrivals statistics registered at Penang International Airport, which have grown at a compounded annual growth rate (CAGR) of 10%, since 2009, against 4.0%, prior to the award. Penang International Airport is the second most visited airpor

 
 
 
Philippines Office 2H 2015

Philippines Office 2H 2015

22 September 2015

With rather uncertain news coming from the region, the Philippines is arguably one of the region’s bright spots. The economy grew by 5.6% in the second quarter of 2015, however, even this figure represented a deceleration from the 6.1% seen in 2014. Despite the slight slowdown, the Philippines is still one of the fastest growing economies in the Asia-Pacific region with a very positive outlook.

 
 
 
Qingdao Office 2H 2015

Qingdao Office 2H 2015

22 September 2015

One of the world’s busiest seaports, the eastern coastal city of Qingdao is one of the most active second-tier cities in northern China. After being one of the first cities to open up in China, Qingdao ranked 14th in the 2014 China Top 100 Foreign Trade Cities list, and has become a first-choice city for the multinational corporations entering the Shandong Province market. Additionally, Qingdao West Coast New Area became the ninth economic area appointed nationally in 2014.

 
 
 
Shanghai Hospitality 2H 2015

Shanghai Hospitality 2H 2015

22 September 2015

The hotel market in China has seen remarkable growth over the last decade. According to 2013 figures provided by the United Nations World Tourism Organisation (UNWTO), China has propelled itself into its new position as the largest tourism hub in Asia and the fourth largest in the world. This can be attributed to key events, such as the Olympics and the Expo. This increase in demand in recent years has led to a diversification in the types of hotels entering the China market.

 
 
 
Shenyang Retall 2H 2015

Shenyang Retall 2H 2015

22 September 2015

Over the past six months, Shenyang’s GDP growth rate has further slowed, registering at RMB334.22 billion at the end of 1H/2015 at a growth rate of 3.8%, much lower than China’s national GDP. Other major indicators also appear to be slowing. In 1H/2015, Shenyang’s total investment in fixed assets amounted to RMB319.2 billion, down 11 percentage points (ppts) year-on-year (YoY). Real estate investment amounted to RMB75.06 billion, down 32.4% YoY. Boosted by the spring festiva

 
 
 
Shenzhen Office 2H 2015

Shenzhen Office 2H 2015

22 September 2015

Nation-wide GDP continued to increase in Q2/2015, and at a faster rate than in Q1/2015. National fixed assets rose 11.4% year-on-year (YoY), while real estate investment rose 5% YoY. In contrast to the same period last year, the national economy seems to be in a state of recovery.

 
 
 
Singapore Residential 2H 2015

Singapore Residential 2H 2015

22 September 2015

Many academic commentaries compare and contrast Singapore and Hong Kong. From topics as diverse as labour productivity and social mobility to the quality of life for an expatriate, these two economies have been like magnets, drawing contributions from different analytical sources. Of course, this is wholly understandable: both are Asian, coastal cities with high population densities. However,  there are subtle and overt differences between Singapore and Hong Kong. For example, Hong Kong

 
 
 
Tianjin Office 2H 2015

Tianjin Office 2H 2015

22 September 2015

It cannot be denied that the Chinese economy is experiencing a change in gear from one that turned out to be a little high for the long-term economy, as evidenced by the slowing GDP growth in the first half of 2015. However, this slowing serves as a new state of play for the economy as it develops into a new normal.

 
 
 
Tokyo Residential 2H 2015

Tokyo Residential 2H 2015

22 September 2015

Since the launch of Abenomics, Japan’s real estate industry has experienced a recovery, due to the policy support the Abe administration has given the industry.

 
 
 

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

 

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