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

 
Beijing Retail 1H 2015

Beijing Retail 1H 2015

01 April 2015

Retail sales in Beijing reached RMB909.8 billion in 2H/2014. Online retail sales continued to display particularly aggressive growth, up 68.3% during the same period. Meanwhile, urban disposable incomes per capita grew 9.2% year-on-year (YoY) by the end of November, with expenditure per capita registering growth of 6.4% YoY over the same period.

 
 
 
Chongqing Office 1H 2015

Chongqing Office 1H 2015

01 April 2015

Dubbed the “Chinese Detroit” due to its manufacturing based industry, both Chongqing’s economy and national status have witnessed rapid development since the establishment of the municipality. In 2014, Chongqing was ranked the most competitive city in western China and ninth nationally by GN Chinese City Competitiveness Valuation Indicator. Additionally, Liangjiang New Area ranked the most competitive new economic area nationally by the same institute, after Pudong, Shanghai

 
 
 
Guangzhou Retail 1H 2015

Guangzhou Retail 1H 2015

01 April 2015

Guangzhou, the commercial and trade centre of southern China, has witnessed fast growth in both city construction and economic development in recent years. In 2014, Guangzhou’s GDP reached RMB1,670.6 billion, up 8.6% year-on-year (YoY), higher than the national level of 7.4% YoY.

 
 
 
Hong Kong Residential 1H 2015

Hong Kong Residential 1H 2015

01 April 2015

On February 27 2015, the Hong Kong Monetary Authority (HKMA) and the Hong Kong Mortgage Corporation (HKMC) announced the latest round of prudential measures on property mortgages, which are summarised below: HKMAThe maximum loan-to-value (LTV) ratio for self-use residential properties with value below HK$7 million will be lowered by a maximum of 10 percentage points, i.e. the highest LTV will be reduced from 70% to 60%.

 
 
 
Kuala Lumpur Investment 1H 2015

Kuala Lumpur Investment 1H 2015

01 April 2015

At the end of 2014, the total stock of office space in Greater Kuala Lumpur  (Greater KL) stood at 96.6 million sq ft, a 2.9% increase from  2013’s total stock. Three office buildings were completed in Kuala Lumpur during 2H/2014, all of them in November-December: one in the city centre (Menara Hap Seng 2) and two in suburban areas of Kuala Lumpur (Menara MBMR and Sunway Velocity V Office). These three buildings represent about 720,000 sq ft of additional office space.

 
 
 
Manila Retail 1H 2015

Manila Retail 1H 2015

01 April 2015

The Philippine economy posted the second fastest economic growth in Asia last year, beaten only by China. In the fourth quarter of 2014, Philippine GDP rebounded, posting a 6.9% growth supported by the Christmas spending, bringing the overall GDP growth to 6.1% in 2014 according to the National Statistical Coordination Board (NSCB). This is lower than the government’s target of 6.5%-7.5% last year, partly due to decelerated government spending.

 
 
 
Osaka Residential 1H 2015

Osaka Residential 1H 2015

01 April 2015

With Tokyo jumping to the top of many regional investors’ target list in 2014, the spotlight has gradually spread south to Osaka – Japan’s second biggest property market. Encompassing seven prefectures (including Osaka, Kobe, Kyoto and Nara), the Greater Osaka (or Kinki) region1, is home to an estimated 20.24 million people2. This makes it the eighth largest urban agglomeration in the world and places it not only above mature markets such as New York, Los Angeles and London,

 
 
 
Seoul Hospitality 1H 2015

Seoul Hospitality 1H 2015

01 April 2015

As of December 2014, based on Seoul Metropolitan Government statistics and recent hotel supply, the estimated Seoul hotel room stock is 33,792 across 220 hotels. By grade, fi ve- and four-star hotels account for 33.4% and 20.3% respectively, and combined they represent 53.7% of total stock. The proportion of existing Seoul hotel inventory is highly weighted toward upscale hotels.

 
 
 
Shanghai Office 1H 2015

Shanghai Office 1H 2015

01 April 2015

It cannot be denied that China’s economy is slowing. Last year’s growth, even with subdued inflation, yielded an extra RMB4.8 trillion in GDP, almost exactly the same as in 2007, when growth ran to 14.2% and inflation was far higher. In addition to this, the national economy is being more labour-intensive, with stronger performance in terms of job creation adding 13.2 million urban jobs last year, compared with 12 million in 2007.

 
 
 
Shenzhen Retail 1H 2015

Shenzhen Retail 1H 2015

01 April 2015

Shenzhen’s retail sales totalled RMB433.5 billion in the first 11 months of 2014, up 8.6% year-on-year (YoY) with the growth rate mirroring the slowing economic growth rates. This indicates that Shenzhen is currently entering a period of economic adjustment.

 
 
 

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Fong Kean Hwa

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Lek Chay Tong

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Savills Kuala Lumpur

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Simon Smith

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