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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 China. The copyright of the market reports belongs to Savills China.
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| ， First-hand residential transaction volume fell by 10.5% quarter-on-quarter to 1.35 million sq m, representing a 17.0% decrease year-on-year. |
| ， Weakened demand is believed to be the result of government policies causing potential buyers to take a wait-and-see attitude towards the market. |
| ， Residential prices registered an average of RMB13,816 per sq m, compared with an average of RMB12,781 per sq m in the second quarter, largely a result of higher quality buildings being handed over to the market. |
| ， Average suburban transaction prices were RMB10,972 per sq m in the third quarter. |
| ， Downtown transaction prices registered an average of RMB21,307 per sq m in the third quarter. |
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| ， Two Grade A office projects, Taikoo Hui and GT Land Plaza (Phase 3, South Tower), were handed over in the third quarter, adding a total of 187,600 sq m to the market. |
| ， Net take-up reached 187,200 sq m in the third quarter, largely supported by strong pre-leasing activity in newly handed-over projects. |
| ， The city-wide vacancy rate fell by 0.8 of a percentage point quarter-on-quarter to 10.2%, representing a 5.1-percentage point fall year-to-date. |
| ， Grade A office rents increased by 2.1% quarter-onquarter to an average of RMB145.3 per sq m per month, representing a 10.0% increase year-to-date. |
| ， Rents in Yuexiu district increased by 3.1% quarter-on-quarter to an average of RMB115.6 per sq m per month, while vacancy rates fell by 1.4 percentage points to 4.8%. |
| ， Rents in Tianhe Bei increased by 0.6% quarter-onquarter to an average of RMB143.1 per sq m per month, while vacancy rates increased by 1.7 percentage point to 6.3%. |
， Rents in Zhujiang New Town increased by 2.8% quarter-on-quarter to an average of RMB168.2 per sq m per month, while vacancy rates fell by 2.6
percentage points to 18.2%. |
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， Retail sales in the first nine months of 2011 rose 16.9% year-on-year to RMB375.1 billion, thanks to over RMB132.9 billion worth of sales in the third
quarter. |
， Two projects held their soft openings in the third quarter, namely G5 Mall and Mall of the World (Phase 1), adding a total of 210,000 sq m to the
market. |
| ， Prime first-floor shopping mall rents remained at an average of RMB1,170 per sq m per month in the third quarter. |
， A number of luxury brands opened their first stores in Guangzhou in the third quarter, including Chanel Boutique and Giorgio Armani. These new stores
were primarily located in the new Taikoo Hui, which was handed over in the second quarter. |
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| ， Serviced-apartment rents fell by 0.4% quarter-on-quarter to an average of RMB200 per sq m per month, while the city-wide vacancy rate increased by 1.5 percentage points to 18.1%. |
| ， High-end villa rents increased by 1.5% quarter-on-quarter to an average of RMB 162.9 per sq m per month, while the city-wide vacancy rate fell by 0.4 of a percentage point to 11.4%. |
| ， High-end strata-title apartment rents increased by 2.7%quarter-on-quarter to an average of RMB97.7 per sq m per month, while vacancy rates increased by 0.2 of a percentage point to 13.2%. |
| ， First-hand transaction prices increased by 17.7% quarter-on-quarter to an average of RMB20,582 per sq m, while transaction volume rose by 4.5% quarter-on-quarter to a total of 705,000 sq m. |
| ， Although quarterly data would indicate an improvement in market sentiment, monthly figures show a softening of the market at the end of the quarter, with falling transaction volume and prices. |
| ， Activity in the second-hand residential market dropped off in the third quarter, with transaction volume falling 61.1% quarter-on-quarter to 793,300 sq m. |
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| ， No new strata-title or leasing projects were launched onto the market in the third quarter. |
| ， Net take-up totalled 64,200 sq m, two-thirds of which was accounted for by projects handed over in 1H/2011. |
| ， With no additional supply and steady demand, the city-wide vacancy rate fell by 2.7 percentage points quarter-on-quarter to 13.6%. |
| ， Rents rose by 5.3% quarter-on-quarter to an average of RMB185.5 per sq m per month, representing a 23.3% increase year-on-year. |
| ， Strata-title transaction prices rose by 4.0%quarter-on-quarter to an average of RMB51,235 per sq m, with Futian district, the most expensive area, registering an average transaction price of RMB55,364 per sq m. |
| ， The Grade A office market is expected to receive four new buildings in Q4/2011, adding over 350,000 sq m of new supply. |
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| ， Retail sales for the first nine months of 2011 rose by 18.5% year-on-year to RMB256.6 billion. |
| ， Shenzhen¨s consumer price index fell to 5.7% in August 2011, down from its high of 6.4% in April 2011. |
| ， Shenzhen¨s retail GFA remained unchanged at approximately 1.33 million sq m in Q3/2011. |
| ， First-floor shopping mall rents in prime areas ranged between RMB400 and RMB1,500 per sq m per month. |
| ， Six new projects, with a total GFA of over 640,000 sq m, are expected to be handed over in the next five quarters, representing a 48% increase in current stock. |
| ， As increased supply continues into 2012, operators will have to continue to upgrade developments, offer a wider selection of entertainment and F&B outlets, and devote more attention to interior design and tenant composition. |
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| ， Two new projects, Morgen Centre and Ping¨an Fortune Centre, were handed over in the third quarter, adding 92,000 sq m to the Grade A office market. |
| ， Net take-up reached 53,400 sq m in Q3/2011, bringing demand to 116,900 sq m year-to-date. |
| ， The city-wide vacancy rate rose by 0.6 of a percentage point quarter-on-quarter to 34.9%. |
| ， Rents increased by 0.2% in Q3/2011 to an average of RMB113.0 per sq m per month. |
| ， Capital values rose by 3.6% quarter-on-quarter to an average of RMB15,762 per sq m. |
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| ， Retail sales rose to RMB208.2 billion in the first nine months of the year, up 18.3% year-on-year. |
| ， Suning Plaza launched in Q3/2011, adding a total of 120,000 sq m to the market. |
| ， The city-wide prime shopping mall vacancy rate fell by 0.5 of a percentage point quarter-on-quarter to 15.4%. |
| ， Average shopping mall rents increased 0.5% in Q3/2011 to RMB15.9 per sq m per day. |
| ， MOI Centre, a 68,300-sq m department store, is the only project expected to be launched onto the market in Q4/2011. |
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| ， No new serviced apartments were launched on either the leasing or sales market in the third quarter. |
| ， Serviced-apartmentrents fell by 1.8% quarter-on-quarter to an average of RMB224.6 per sq m per month. |
| ， The city-wide serviced-apartment vacancy rate fell by 2.3 percentage points quarter-on-quarter to 25.3%. |
| ， Three new projects were launched onto thehigh-end residential sales market in the third quarter. |
| ， City-wide high-end residential asking prices fell by 0.6%quarter-on-quarter to anaverage of RMB23,250 per sqm. |
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| ， No new Grade A office projects were launched onto the leasing or sales markets in the third quarter. |
| ， Net take-up totalled 6,400 sq m in the third quarter, with leasing activity mostly accounted for by tenants upgrading within the market, rather than new entrants. |
| ， The city-wide vacancy rate fell by 1.3 percentage points quarter-on-quarter to 28.7%. |
| ， Grade A office rents fell by 0.3% quarter-onquarter to an average of RMB150.4 per sq m per month. |
| ， The Xiaobailou area rent rose by 1.9% quarteron- quarter to an average of RMB132.6 per sq m per month. |
| ， Rents on Nanjing Road fell by 3.0% quarter-onquarter to an average of RMB167.3 per sq m per month. |
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| ， Retail sales in the first eight months of the year rose by 18.6% year-on-year to RMB222.0 billion. |
| ， Aqua City,amid-end shopping mall located close to Tianjin West Station, was handed over in the third quarter, adding 80,000 sq m to the market. |
| ， First-floor Tianjin city centre prime retail rents fell by 1.3% quarter-on-quarter to anaverage of RMB503 per sq m per month, while occupancy rates fell by 1.0 percentage point to 84%. |
| ， First-floor Binhai New Area prime retail rents rose by 3.7% quarter-on-quarter to an average of RMB236 per sq m per month. |
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| ， Only one new Grade A office was handed over in Q3/2011, adding 96,000 sq m to the market. |
| ， The city-wide vacancy rate fell by 3.2 percentage points quarter-on-quarter to 16%. |
| ， Grade A office rents rose by 4 4% quarter-on-quarter to RMB4.8 per sq m per day, bringing rental appreciation to 12.2% for the first three quarters of 2011. |
| ， Strong demand stimulated the strata-title sales market in Q3/2011. As a result, average stratatitle prices reached a new high of RMB23,400 per sq m, up by 51.3% year-on-year. |
| ， Two Grade A office projects will be handed over in Q4/2011, adding 283,000 sq m to the market. Both are located in non-primary areas, Qianjiang New City and Binjiang. |
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| ， Retail sales year-to-Septembe rincreased by 17.9% to RMB184 billion. |
| ， City-wide average first-floor shopping mall rents increased by 2.1% quarter-on-quarter to an average of RMB26.2 per sq m per day. |
| ， City-wide shopping mall vacancy rates decreased by 1 percentage point quarter-on-quarter to 2.0%. |
| ， Outlet store Sasseur International Life (SIL) Plaza opened in Qianjiang New City in Q2. |
| ， Hangzhou Hubin International Boutique Compound Phase2 will be launched onto the market in Q4, adding 75,000 sq m of new supply. |
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| More Market Reports: 1 2 3 4 5 6 7 8 9 10
11 12 13 14 15 16 |
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