Asia Pacific Research

Savills has earned an outstanding reputation for providing incisive commentary on the Asia Pacific property markets. In offering objective advice we enable you to make informed property related decisions and ensure your predefined goals are realised in full.

We supply regular intelligence to key developers on the commercial, retail and residential leasing and sales markets and advise multinational companies on their office requirements.

We undertake analysis of occupational costs for those wishing to examine their present and future accommodation overheads. Through detailed consultation with each client we can ascertain all key inputs and compile a thorough understanding of future space needs and location criteria.

We prepare monthly property market briefings for all the Asia Pacific markets we operate in order to assist decision makers in formulating effective strategies for leasing, purchasing or developing. Individual reports can be tailored to meet specific client needs.

Featured report

Research

Singapore Retail Briefing Q4 2016
01 March 2017

Beneath all the challenges retailers face, the fact is that demand for space is still increasing.

 

Research search results: 1384 found

 
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%.

 
 
 
Tokyo Office 2H 2017

Tokyo Office 2H 2017

04 October 2017

Large-scale Grade B office metrics in the central five wards (C5W)2 have been improving as Tokyo office market fundamentals remain sound. Grade A office vacancy has remained tight and some demand appears to have spilled over to Grade B offices. Grade A vacancy in Shinjuku and Shibuya is particularly tight, and rental growth for Grade B offices in these wards has outpaced growth in other wards.

 
 
 
Vietnam Residential 2H 2017

Vietnam Residential 2H 2017

04 October 2017

In the late 1980s, the urban population of Viet Nam was 20% of the total. When economic liberalisation was embraced, the rate of rural migration to urban centres increased, and 30 years later it is now at its highest rate of 34%. In 2000, Viet Nam had approximately 2,200 sq km of urban land; by 2010 that land area had expanded to 2,900 sq km, overtaking Thailand and the Republic of Korea. With growth of almost 2% per annum, the pace of urbanisation over the last five years was the second highest in the region. The ratio of urbanisation in Viet Nam, however, is still lower than Malaysia at 75%, Indonesia with 54% and Thailand at 52%, indicating that there is still significant potential for urban expansion.

 
 
 
 

General enquiries

Asia Pacific Research

Key contacts

Simon Smith

Simon Smith

Senior Director
Research & Consultancy

Savills Two Exchange Square, 23/F

+852 2842 4573

+852 2842 4573

 

Jack Tong

Jack Tong

Director
Research & Consultancy

Savills Two Exchange Square, 23/F

+852 2842 4213

+852 2842 4213