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Savills

The latest news and top stories on Savills. A leading entity in the Real Estate Services sector, London-based Savills plc is a global real estate advisor with over 700 offices and associates in more than 70 countries across the Americas, Europe, Asia Pacific, Africa, and the Middle East. They specialise in a broad range of advisory, management, and transactional services for residential, commercial, and rural properties, including investment and property management. Primarily serving a diverse international client base, Savills is known for its strong market position and consistent industry accolades, such as "Global Real Estate Adviser of the Year".

Hong Kong property

Creditors push to sell 2 Hong Kong hotels amid banks’ drive to cut losses

Dual-branded Sheraton complex heads for tender, with stricter capital rules pushing lenders to accept quicker disposals.

24 Jun 2026 - 3:44PM

Singapore

Sin to salvation: how Singapore’s most notorious mall found God

1 Jul 2026 - 2:35AM

Hong Kong property

Will Beijing’s tighter capital-control rules stall Hong Kong’s housing rebound?

16 Jun 2026 - 8:00AM

Hong Kong property

Hong Kong developers rediscover pricing power amid firmer demand

Developers ‘no longer relying on discounted pricing to drive sales’, with popular projects recording double-digit increases, JLL says.

12 Jun 2026 - 7:00AM

The latest prices at Sino Land’s La Mirabelle project in Tseung Kwan O, pictured on April 19, were about 10 per cent higher than nearby projects in January 2025. Photo: Jelly Tse

Hong Kong property

Hong Kong to see more mainland Chinese brands enter retail market, analysts say

In the first four months of the year, more than one fifth of new entrants in the city’s retail market were mainland brands, according to JLL.

24 May 2026 - 5:09PM

Hong Kong property

Hong Kong’s Tsim Sha Tsui tops Asia luxury retail rents – but loses global crown

City’s luxury retail shows resilience with rising tourist arrivals and new store openings despite global slowdown, according to Savills.

13 May 2026 - 6:24PM

China property

Shenzhen office market gains steam on tech and services demand

Leasing activity in core districts is picking up, driven by tech occupiers, but analysts warn oversupply will keep vacancies elevated.

3 May 2026 - 11:00AM

Shenzhen’s technology sector – spanning artificial intelligence, consumer electronics and robotics – remains a key driver of leasing activity. Photo: Reuters

International Property

Singapore’s safe-haven status draws more Chinese property investment

Mainland firms’ investments in Singapore fixed assets zoomed to 21 per cent of the total in 2025 from 2.5 per cent a year earlier.

3 May 2026 - 10:03AM

China property

Why Shenzhen may be first to climb out of China’s property slump

Shenzhen’s housing inventory drops to a seven-year low, offering an early signal that China’s property downturn may be nearing a turning point.

26 Apr 2026 - 12:00PM

Hong Kong property

Hong Kong safe haven appeal seen rising as Middle East turmoil clouds outlook

A slowdown in Hong Kong office leasing reflects caution among multinationals, yet analysts see upside as investors seek stability.

13 Apr 2026 - 9:00AM

Despite the recent slowdown, heightened geopolitical risk could ultimately strengthen Hong Kong’s appeal as a capital haven. Photo: May Tse

China property

Top Chinese developers’ losses mount as debt overhaul props up operations

Analysts say subdued demand and cautious buyers persist, with one-off debt restructuring masking deeper losses in the sector.

1 Apr 2026 - 6:02PM

A residential building under construction by China Vanke in Hangzhou, Zhejiang province, in March 2024. Photo: AFP

China property

China mall shuffle: as EVs exit, who’s filling the ground-floor showrooms?

New demand for mall space comes from brands riding fresh trends, including Unitree Robotics, Pop Mart and Lululemon.

15 Mar 2026 - 12:00PM

China property

China’s shoppers head for suburban outlets, a bright spot in retail property

Outlet spending nearly doubles to around US$36 billion over five years, prompting investment surge while urban malls suffer high vacancies.

8 Mar 2026 - 8:30AM

Singapore

Singapore real estate giants feel the heat amid China’s property woes

Analysts say Singaporean companies are still likely to bet on China’s massive market, but could now adopt a more selective investment approach.

7 Mar 2026 - 5:31PMvideocam

Buildings under construction in Nanjing, in China’s Jiangsu province, in February. Photo: AFP

International Property

Singapore offices cost the most to outfit, Asia-Pacific survey says

Fit-out costs in the city average more than US$2,000 per square metre, topping Tokyo, with Hong Kong in eighth, Knight Frank report says.

4 Mar 2026 - 4:32PM

Rents have been rising amid falling vacancy rates in Singapore’s central business district. Photo: AFP

Hong Kong property

McDonald’s sells Hong Kong shop outside disposal plan for US$11.9 million

Latest sale of Hong Kong restaurant site by the Chicago-based food chain reflects a retail valuation reset as rents stay subdued.

4 Mar 2026 - 3:02PMvideocam

Hong Kong property

Hong Kong’s small landlords turn to co-working, student hostels to survive

With record office supply and tenants flocking to premium towers, landlords convert assets to co-working and student digs to survive.

1 Mar 2026 - 7:30AM

India

The View | Why AI disruption isn’t a major threat to India’s booming office market

Tech disruption is unlikely to spoil India’s commercial real estate party. If anything, the world’s hottest office market is too hot.

23 Feb 2026 - 4:30PMvideocam

Data labeller Indu Nadarajan working at the delivery centre of NextWealth, an AI-enabling services firm, in the Namakkal district of India’s Tamil Nadu state on January 12. Photo: AFP

Hong Kong property

Hong Kong home sales head for 22-year high as developers test price resilience

Deep discounts that were offered by developers to reduce unsold inventory may be a thing of the past, analysts say.

23 Feb 2026 - 11:50AM

China property

Swire Properties bullish on mainland retail despite slowing market

Foot traffic and sales have been rising across Swire’s mainland portfolio, lifted by Gen Z shoppers, holiday spending and policy support.

26 Jan 2026 - 10:38AM

China property

Hotel conversions gain traction in China’s office market amid high vacancies

In Hangzhou, one office building now houses around 10 hotels, alongside restaurants, photography studios and second-hand luxury stores.

18 Jan 2026 - 11:00AM

Hotel operators are seeking lower-cost, well-located space, and office landlords are looking to reduce vacancy, says James Macdonald, head of research for China at Savills. Photo: Handout

Technology

Singapore, Beijing land in top 10 of Savills’ Matcha Index of global tech cities

Even with its premium-priced matcha drinks, Singapore ranks among the world’s most ‘liveable’ cities for tech workers.

7 Jan 2026 - 7:30AM

Singapore’s vibrant and rich cafe culture has made it one of the world’s most liveable cities for tech workers. Photo: Shutterstock

Hong Kong property

Exclusive | US anti-piracy firm Vobile buys top floor of Bank of America Tower at a discount

The Emmy-winning firm has bought the top floor of the US bank’s Admiralty office for US$25.4 million – more than 60 per cent below its peak.

31 Dec 2025 - 8:35AM

Hong Kong property

Hong Kong developers test ultra-luxury home demand with new launch on The Peak

As property prices stabilise and rents are on the rise, affluent buyers are being enticed with a fresh supply of high-end homes.

28 Dec 2025 - 10:00AM

Hong Kong property

Hong Kong, Singapore embrace flex offices as multinationals reshape demand

Flex operators deliver creditworthy tenants – a departure from the sector’s early reliance on start-ups and small firms: analysts.

21 Dec 2025 - 11:30AM

Flexible workspaces at One IFC Hong Kong. Photo: Handout

Luxury brands

Why global luxury brands are switching to shopping streets in China

Luxury giants are transforming China’s retail scene, blending culture, cuisine and shopping in vibrant street-level destinations.

21 Dec 2025 - 10:00AM

Stand-alone flagship stores with distinctive architectural facades are gradually gaining traction in China. Above, Beijing’s Taikoo Li Sanlitun North. Photo: Zhu Wenqian

Asia housing and property

The View | After vitalising its property market, India must shore up its weaknesses

The sustainability of the real estate boom will depend on how well New Delhi can address lingering gaps in affordability and infrastructure.

15 Dec 2025 - 5:43PM

China property

Shanghai retail landscape evolves with new malls, shift to experiential shopping

Hang Lung, New World and Swire are renovating and expanding their malls in Shanghai to stay relevant in a competitive environment.

14 Dec 2025 - 11:30AM

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Savills

Creditors push to sell 2 Hong Kong hotels amid banks’ drive to cut losses

Dual-branded Sheraton complex heads for tender, with stricter capital rules pushing lenders to accept quicker disposals.

Sin to salvation: how Singapore’s most notorious mall found God

Will Beijing’s tighter capital-control rules stall Hong Kong’s housing rebound?

Hong Kong developers rediscover pricing power amid firmer demand

Developers ‘no longer relying on discounted pricing to drive sales’, with popular projects recording double-digit increases, JLL says.

Hong Kong to see more mainland Chinese brands enter retail market, analysts say

In the first four months of the year, more than one fifth of new entrants in the city’s retail market were mainland brands, according to JLL.

Hong Kong’s Tsim Sha Tsui tops Asia luxury retail rents – but loses global crown

City’s luxury retail shows resilience with rising tourist arrivals and new store openings despite global slowdown, according to Savills.

Shenzhen office market gains steam on tech and services demand

Leasing activity in core districts is picking up, driven by tech occupiers, but analysts warn oversupply will keep vacancies elevated.

Singapore’s safe-haven status draws more Chinese property investment

Mainland firms’ investments in Singapore fixed assets zoomed to 21 per cent of the total in 2025 from 2.5 per cent a year earlier.

Why Shenzhen may be first to climb out of China’s property slump

Shenzhen’s housing inventory drops to a seven-year low, offering an early signal that China’s property downturn may be nearing a turning point.

Hong Kong safe haven appeal seen rising as Middle East turmoil clouds outlook

A slowdown in Hong Kong office leasing reflects caution among multinationals, yet analysts see upside as investors seek stability.

Top Chinese developers’ losses mount as debt overhaul props up operations

Analysts say subdued demand and cautious buyers persist, with one-off debt restructuring masking deeper losses in the sector.

China mall shuffle: as EVs exit, who’s filling the ground-floor showrooms?

New demand for mall space comes from brands riding fresh trends, including Unitree Robotics, Pop Mart and Lululemon.

China’s shoppers head for suburban outlets, a bright spot in retail property

Outlet spending nearly doubles to around US$36 billion over five years, prompting investment surge while urban malls suffer high vacancies.

Singapore real estate giants feel the heat amid China’s property woes

Analysts say Singaporean companies are still likely to bet on China’s massive market, but could now adopt a more selective investment approach.

Singapore offices cost the most to outfit, Asia-Pacific survey says

Fit-out costs in the city average more than US$2,000 per square metre, topping Tokyo, with Hong Kong in eighth, Knight Frank report says.

McDonald’s sells Hong Kong shop outside disposal plan for US$11.9 million

Latest sale of Hong Kong restaurant site by the Chicago-based food chain reflects a retail valuation reset as rents stay subdued.

Hong Kong’s small landlords turn to co-working, student hostels to survive

With record office supply and tenants flocking to premium towers, landlords convert assets to co-working and student digs to survive.

.css-1pcrwvc{color:#2aa191;}The View | Why AI disruption isn’t a major threat to India’s booming office market

Tech disruption is unlikely to spoil India’s commercial real estate party. If anything, the world’s hottest office market is too hot.

Hong Kong home sales head for 22-year high as developers test price resilience

Deep discounts that were offered by developers to reduce unsold inventory may be a thing of the past, analysts say.

Swire Properties bullish on mainland retail despite slowing market

Foot traffic and sales have been rising across Swire’s mainland portfolio, lifted by Gen Z shoppers, holiday spending and policy support.

Hotel conversions gain traction in China’s office market amid high vacancies

In Hangzhou, one office building now houses around 10 hotels, alongside restaurants, photography studios and second-hand luxury stores.

Singapore, Beijing land in top 10 of Savills’ Matcha Index of global tech cities

Even with its premium-priced matcha drinks, Singapore ranks among the world’s most ‘liveable’ cities for tech workers.

.css-1f6sr3w{color:#727272;}Exclusive | US anti-piracy firm Vobile buys top floor of Bank of America Tower at a discount

The Emmy-winning firm has bought the top floor of the US bank’s Admiralty office for US$25.4 million – more than 60 per cent below its peak.

Hong Kong developers test ultra-luxury home demand with new launch on The Peak

As property prices stabilise and rents are on the rise, affluent buyers are being enticed with a fresh supply of high-end homes.

Hong Kong, Singapore embrace flex offices as multinationals reshape demand

Flex operators deliver creditworthy tenants – a departure from the sector’s early reliance on start-ups and small firms: analysts.

Why global luxury brands are switching to shopping streets in China

Luxury giants are transforming China’s retail scene, blending culture, cuisine and shopping in vibrant street-level destinations.

The View | After vitalising its property market, India must shore up its weaknesses

The sustainability of the real estate boom will depend on how well New Delhi can address lingering gaps in affordability and infrastructure.

Shanghai retail landscape evolves with new malls, shift to experiential shopping

Hang Lung, New World and Swire are renovating and expanding their malls in Shanghai to stay relevant in a competitive environment.

The View | Why AI disruption isn’t a major threat to India’s booming office market

Exclusive | US anti-piracy firm Vobile buys top floor of Bank of America Tower at a discount