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For more market reports, please visit the website of Savills China. |
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The following market reports were made and provided by Savills Property Services (Beijing) Company Limited. The copyright of the market reports belongs to Savills Property Services (Beijing) Company Limited. |
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| ， Mass-market residential supply increased by 48.9% in Q4/2011 to 3.7 million sq m, while transaction volume rose by 52.3% to 3.5 million sq m. |
| ， Mass-market residential prices fell by 0.3 of a percentage point month-on-month in November. |
| ， Grade A apartment transaction volume increased 5.6% in Q4/2011 to 711 units while transaction prices increased by 3.5% quarter-on-quarter to an average of RMB57,561 per sq m. |
| ， High-end villa supply and transaction volume increased 330% and 300% respectively in Q4/2011, while transaction prices fell by 5.6% to an average of RMB38,406 per sq m. |
| ， High-end residential demand is expected to remain muted in 2012 resulting in a moderate fall in transaction prices. |
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| ， No new serviced-apartment projects were handed over to the market in Q4, representing the sixth consecutive quarter with no new supply. |
| ， Only one Grade A apartment project was launched onto the leasing market in Q4. |
| ， Serviced-apartment, high-end villa and Grade A apartment occupancy rates decreased by 0.5, 1.3, and 4.4 percentage points quarter-on-quarter to 87.7%, 89.6%, and 84.0% respectively. |
| ， Serviced-apartment, high-end villa and Grade A apartment rents rose by 1.9%, 1.5%, and 5.4% quarter-on-quarter to an average of RMB182.3, RMB123.6, and RMB126.8 per sq m per month respectively. |
| ， Three serviced-apartment projects are scheduled to enter the market in 2012, adding 485 units. |
| ， New supply in 2012 is expected to increase, causing rental growth to slow. |
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| ， Only one new project was handed over in Q4/2011, adding 45,000 sq m of leasable office GFA to the market. |
| ， Beijing Grade A office rents increased by 7.5% quarter-on-quarter to RMB278.2 per sq m per month, up 44.2% year-on-year. |
| ， Limited supply and sustained strong demand forced vacancy rates to contract by 2.1 percentage points in the fourth quarter to end the year at 4.2%, an historical low for the past decade. |
| ， Demand stayed strong in the fourth quarter with net take-up almost doubling to 231,000 sq m. |
| ， The Grade A office market should remain largely stable in 2012, with only 274,000 sq m of leasable office space scheduled to enter the market. Occupancy rates are expected to remain buoyant. |
| ， Nevertheless, the pace of rental growth should slow down further in 2012 as renewals at elevated levels force some tenants to seek more affordable office space in decentralised locations. |
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| ， Retail sales in the first 11 months of 2011 totalled RMB622.3 billion, representing a 10.9% year-on-year increase. |
| ， Six new retail projects were launched in Q4/2011, adding 304,000 sq m to the market. |
| ， Prime shopping mall first-floor rents increased by 0.7% quarter-on-quarter to RMB814.9 per sq m per month. |
| ， The city-wide prime shopping mall occupancy rate fell by 0.6 percentage points quarter-on-quarter to 90.7%. |
| ， Around 1.5 million sq m of new supply is expected to enter the market in 2012, putting downward pressure on rents and occupancy rates. |
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， Grade A office capital values increased by 5.8% in Q4/2011 to
RMB52,294 per sq m, up 33.4% yearon- year. |
， Grade A office gross yields rose by 12 basis points to 6.38%, up 58 basis
points year-on-year as rents shot up by 7.5% in Q4/2011. |
| ， Despite slow sales, investors remained keen to enter the market. |
， A shift in monetary policy is expected to help to stimulate
investment activity in 2012. |
， Despite a recovery in activity in the high-end residential market, sustained
cooling policies have encouraged more than half of the high-end apartments to
offer some form of price discount. |
， A jump in villa supply facilitated a sharp increase in transaction volumes
despite a price fall. |
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| More Market Reports: 1 2 3 4 5 6 7 8 9 10 11 12 13 14 |
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