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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.

 

Q3 2007 Beijing-Residential Briefing
Q3/2007 sees the Beijing high-end residential leasing market experience an overall uptrend in rents, with limited availability
Average vacancy rates for serviced apartments and Grade 'A' villas drop slightly compared with last quarter
Average sales prices for high-end residential projects increase rapidly, with moderate transactions volumes
A large number of new high-end residential apartments and villas to be launched in the next quarter
Central bank increases mortgage down payment requirement for second home buyers from 30 per cent to 40 per cent
 
Q3 2007 Beijing-Office Briefing
Q3/2007 witnesses a rebound in market supply from second quarter with annual office supply achieving a post-2000 peak
Average rents climb to US$22.59 per sq.m. per month, up by 6.37 per cent over the previous quarter with a steady supply of new prime properties entering the market
Vacancy rates reflect strong demand as the market sees further decline to 10.6 per cent, the lowest rate since 2001
Sales market recovers from Q2/2007 but remains relatively quiet
Beijing Finance Street records the highest QoQ rent increase of 8.86 per cent
Many tenants choose to 'upgrade' offices to high quality buildings
More new supply is expected in the last quarter of the year
 
Q2 2007 Beijing-Residential Briefing
Large volumes of high-end apartment supplywitnessed in 1H/2007
Serviced apartment accounts for 31 per cent of new units
Finance Street begins to emerge as high-endapartment location
Purchasing demand led by rapid growth of China'sincreasingly wealthy population
Serviced apartment vacancy increases to highest level since 2000
High-end apartment rents now average US$19 persq.m., up 11 per cent compared with 2006
High-end villa rents stable at US$18 per sq.m.
Annual rental increases for 2008 estimated at 25 to 40 per cent
 
Q2 2007 Beijing-Office Briefing
Q2/2007 witnesses a fall in supply from the peak in Q1/2007 but total supply in 1H/2007 still higher than 2006 as a whole
Average rents edge up by 1 per cent compared with the first quarter in spite of ample supply
Foreign companies and institutions are playing a more important role in Grade 'A' office leasing market through office relocations and expansions
Sales market not as active as 2006, with few large or en-bloc sales transactions recorded
Office developments decentralising, many multinational hi-tech companies moving out of CBD
More supply expected in the second half of the year
 
Q1 2007 Beijing-Residential Briefing
Strong leasing demand continues into Q1/2007
High-end residential sales market stagnant during Q1/2007
China initiates collection of Land Appreciation Tax (LAT) from Feb 1, 2007
Villa supply is estimated to continue declining due to restrictions on land for luxury villa development
 
Q1 2007 Beijing-Office Briefing
Q1/2007 sees expected supply peak
Rents increase slightly compared with the end of 2006
Grade 'A' office vacancy rate stable
Grade 'A' office prices record upward trend in Q1/2007
Larger supply volumn expected in the next quarter
 
January 2007 Beijing-Residential Briefing
High-end residential leasing market robust during 2006
Supply in 2006 well below 2005 levels
High-end residential projects launched on Financial Street and in Zhongguancun
Average transaction sales price witness dramatic YoY increase
Booming supply anticipated in 2007
 
January 2007 Beijing-Office Briefing  
Q4/2006 supply peak spike brings more choice to CBD
Rents generally stable compared with 2005
Strong demand from finance sector, professional services and manufacturers helps maintain high occupacy rates in 2006
Substancial new supply expected in 2007 ahead of the Olympics
Falling rents and rising vacancies expected in Grade 'A' office market in 2007
More Market Reports: 1 2 3
 
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