Asia Pacific Research

Savills has a dedicated team focusing on the Asia Pacific research. With a network of offices across Asia Pacific our team is able to monitor and analyse markets and trends throughout the Asian property world. Its expertise is used to enhance all Savills services as well as providing bespoke research services to departments' own clients.

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Taiwan Office Briefing
18 March 2014

Improvements in cross-straits economic and trade activity led to increasing demand for high-quality instant offices.

 

Research search results: 1430 found

 
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, however, volumes are being supported by primary launches of units below 430 sq ft (Class A) in the New Territories, usually financed by the developer. Such recent launches of Class A units have included Eden Manor in Fanling (624 Class A units from HK$15,543 to HK$19,013 per sq ft), Eight Regency in Tuen Mun (221 Class A units from HK$15,968 to HK$17,103 per sq ft) and COO Residence in Tuen Mun (204 Class A units from HK$14,537 to HK$19,940 per sq ft).

 
 
 
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 light of an overall optimism in an accelerating economy. In fact, Jakarta’s consumer sentiment index for the second quarter of 2017 reached 116.97, a positive improvement from the first quarter result of 100.84.

 
 
 
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.

 
 
 
Seoul Retail 2H 2017

Seoul Retail 2H 2017

04 October 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.

 
 
 
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 manufacturing hub for the next 30 years. In the past several years, the city’s strategic advantages have shifted to high-tech and modern services industries.

 
 
 
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 overseas tourists falling by 5.66% YoY. The drop is mainly attributable to the reduction in visitors from China, which decreased by 40% (0.85 million), shrinking their share of total inbound travellers from 40% to 25%.

 
 
 
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-oriented one. The tertiary sector continued to see its contribution to the economy grow in 2016 to 54%.

 
 
 

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Simon Smith

Simon Smith

Senior Director
Research & Consultancy

Savills Two Exchange Square, 23/F

+852 2842 4573

+852 2842 4573

 

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