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Market Reports

 

The following market reports are made and provided by Savills Property Services (Beijing) Company Limited. The copyright of the market reports belongs to Savills Property Services (Beijing) Company Limited.

 

Q2 2008 Beijing-Residential Briefing
Frasers Hospitality opens their second serviced apartment complex in Beijing
Average high-end villa rent increases by 1.9 per cent in the second quarter
Residential supply recovers while transaction volumes remain suppressed
High-end apartment prices rise 13.4 per cent compared with the first quarter
Serviced apartment rents are expected to see a surge in the third quarter, while long term prospects are more moderate
 
Q2 2008 Beijing-Office Briefing
Rents grow by 6.6 per cent compared with the previous quarter
Finance Street and East 2nd Ring Road show double digit rental growth in the second quarter
Vacancy rates edge up to 13.2 per cent
Demand weakens, with net take-up totalling 81, 020 sq.m.
Finance, insurance, high-tech and real estate sectors continue to be the main occupiers of new space
New supply delayed from coming onto the market as the Olympics approach
 
Q1 2008 Beijing-Residential Briefing
Five new projects are delivered in Q1/2008
Both the high-end apartment and villa markets witness continuous rent increases
Occupancy rates of high-end villas hit a historical high
Sales prices of Grade `A¨ apartments keep rising
More supply expected in the second quarter
Rents and sales prices are expected to continue to rise
 
Q1 2008 Beijing-Office Briefing
Q1/2008 witnesses a fall in supply from Q4/2007
Average rents edge up by 3.6 per cent compared with Q4/2007
Average vacancy rate declines to 12.6 per cent
Active sales transactions recorded on Beijing Finance Street
Large supply is expected in the the second quarter
Grade `A¨ office rents are expected to continue to rise as top office project launched during 2008
 
Q4 2007 Beijing-Residential Briefing
A number of new high-end residential apartments and villas were launched onto the market in 2007
High-end residential leasing market is active in 2007 with continuously rising rents
Average sales price of Grade 'A' apartments witnesses a dramatic year-on-year increase
Elevated supply levels are expected in 2008
High-end residential properties will see significant rent rises during the Olympic season
The sales prices of Grade 'A' apartments will continue to rise before and after the Olympic Games
 
Q4 2007 Beijing-Office Briefing
Supply volume hits historical peak in 2007
Average rental growth in Grade 'A' office market robust during 2007
In the leasing market, major drivers remain the finance, professional services and high-tech sectors
Both domestic and international investors show interest in acquiring prime office buildings
Substantial supply expected in 2008
Grade 'A' office rents expected to continue to rise this year although rate of increase may slow
 
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