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Five takeaways from Savills World Cities research
"Where does London stand in a global context? We examine the factors influencing capital and rental values across the world’s most dynamic cities"
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"Where does London stand in a global context? We examine the factors influencing capital and rental values across the world’s most dynamic cities"
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"The enduring allure of prime central London"
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"Despite the near-term headwinds, Hong Kong remains an attractive investment hotspot in Asia Pacific and a broad-based market recovery is expected once PRC demand returns."
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"The regional residential markets remain steady supported by stable demographic trends. Unlike Tokyo, the pandemic has not substantially affected demand in those markets, and rents have generally continued to grow moderately. With urbanisation expected to continue, the fundamentals of these regional markets appear sound. "

"Market retains momentum for now, but will likely slow as economic challenges mount"
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"More than ever, wellness has become a high priority for many buyers."
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"Across the board, locations which perform well against their counterparts for their particular World City can be found in traditional sun and sea areas."
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"With the increased focus on personal health and wellness, second homes locations have to pull double-duty."
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"For second home locations with key wellness credentials, provisions for yogis are an advantage."
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"Rising interest rates will make borrowing for a second home mortgage more expensive and could deter some buyers."