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: 111 found

 
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.

 
 
 
Kuala Lumpur Residential 1H 2017

Kuala Lumpur Residential 1H 2017

24 April 2017

Significant increases in the cost of living have led to a substantial erosion of disposable income for the average Malaysian household. This has resulted in many Malaysian families feeling like they are unable to buy decent homes, be it in urban or suburban areas. The shortage of affordable housing supply is a growing problem, as the supply is still very low compared with the rising public demand.

 
 
 
Manila Office 1H 2017

Manila Office 1H 2017

24 April 2017

The Philippines has been resilient despite the changing political tide and slow global growth. In 2016, the economy grew within government expectations at 6.8% placing it ahead of Asia’s fast growing economies such as China and Vietnam. Private consumption continues to largely contribute to economic growth which is still being fuelled by remittances from Overseas Filipino Workers (OFW) and the expanding outsourcing and offshoring (O&O) sector.

 
 
 
Seoul Residential 1H 2017

Seoul Residential 1H 2017

24 April 2017

Korea’s population, is 51 million, with 50% living in the Seoul metropolitan area (Seoul, Incheon, and Gyeonggi province ). Due to Korea’s low birth rate, low marriage rate and aging society, the average household size was 2.5 in 2016, shrinking from the 3.7 average in 1990. The proportion of households of only one or two people is 53%, and 40% for households of three or four. As the demographic characteristics have changed, perception and requirements for housing have changed acc

 
 
 
Shanghai Investment 1H 2017

Shanghai Investment 1H 2017

24 April 2017

Relaxed monetary policy and limited investment opportunities have brought an influx of capital searching for a safe haven into Shanghai’s real estate market in recent years. High demand for core assets as well as inflated land prices have also contributed to the growth of real estate asset prices further compressing yields.

 
 
 
Shenzhen Retail 1H 2017

Shenzhen Retail 1H 2017

24 April 2017

After hitting a low point in 2015, the city’s retail sales rebounded totalling RMB551 billion in 2016, up 8.1% year-on-year (YoY).  In Q3/2016, the city experienced a downward trend in housing prices, according to statistics provided by the Urban Planning Land and Resources Commission of Shenzhen Municipality. With households and individuals increasingly restricted from making home purchases or upgrades, it is expected that some of this excess capital will find its way into

 
 
 

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Alan Cheong

Alan Cheong

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Simon Smith

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