Tokyo and Seoul emerge as most resilient cities in APAC
Singapore ranks third in the region.
Singapore has ranked 8th globally in the latest Resilient Cities Index, slipping from 6th place in 2024 due to moderating migration trends, according to Savills.
Despite the decline, Savills notes that Singapore remains a top performer, ranking third in Asia Pacific behind Tokyo and Seoul, supported by steady economic growth, a strong knowledge economy and continued real estate investment interest.
Savills highlights that global rankings remain led by major gateway cities, with New York, Tokyo, London and Seoul maintaining the top positions, while San Francisco climbed to 5th place.
According to Savills, notable shifts are occurring further down the rankings, with mid-sized cities in southern Europe and the US rising rapidly. Cities across Spain, Italy, Portugal and Greece have seen significant gains, driven by economic strength, tourism and evolving service sectors.
Savills also points to strong momentum in North America, where US cities recorded an average seven-place rise, supported by economic outperformance and a recovery in commercial real estate transactions.
Savills emphasises that while leading global cities continue to benefit from scale and stability, emerging and mid-tier markets are increasingly adapting to economic, technological and environmental changes, enhancing their appeal to investors and businesses alike.