 |
For more market reports, please visit the website of Savills China. |
 |
|
|
|
|
 |
 |
 |
| |
|
|
|
The following market reports were made and provided by Savills China. The copyright of the market reports belongs to Savills China.
|
|
|
| ， First-hand commodity residential transaction volume fell by 12.9% quarter-on- quarter, while transaction prices remained stagnant at an average of RMB22,100 per sq m. |
| ， The first-hand residential price index increased by 3.0% in the first three quarters, while the average year-on-year growth rate in the third quarter of 2011 amounted to just 3.3%, illustrating developers¨ resilience towards regulations. |
| ， First-hand high-end apartment transaction volume (units priced more than RMB40,000 per sq m) fell by 5.3% year-on-year to 656 units. |
| ， First-hand high-end villa transaction volume (villas priced more than RMB40,000 per sq m) fell by 38.5% year-on-year to 107 units. |
| ， Second-hand residential transaction volume fell by 14.4% year-on-year to 2.5 million sq m in Q3/2011. |
| ， Second-hand residential transaction prices fell by 4.2% year-on-year to RMB16,400 per sq m. |
| ， Fourteen residential land plots were transacted in the third quarter with the average mark-up over the reserve price falling to 15.4%. |
|
| |
|
|
| ，Stepping into the peak season, more leasing transactions pushed occupancy rates higher in all sectors of the market. Overall occupancy rates increased by 2.3 per centage points quarter-on-quarter to 87.4%. |
| ， Strata-title apartments saw occupancy rates rise by 2.9 percentage points quarter-on-quarter to 85.5% due to an influx of headcount working in CBDs. |
| ， Overall residential rents increased by 0.2% quarter-on-quarter to an average of RMB164.9 per sq m per month. |
| ， Century Park and Xintiandi recorded the highest rental growth in the market due to stronger demand for prime residences. |
| ， The cost of employing expatriates in China could rise following the introduction of a new law requiring foreign employees to be covered by national social insurance. |
| ， No new projects were launched onto the market, while morel andlords switched their for-sale units to the leasing market. |
|
| |
|
|
| ， Four projects were handed over in the third quarter, adding 223,100 sq m to the market. |
| ， Net take-up totalled 211,400 sq m in the third quarter, with net take-up out stripping supply by 15% year-to-date. |
| ， The city-wide vacancy rate fell by 0.1 of a percentage point quarter-on-quarter to 8.7%. |
| ， Rents rose by 3.3% quarter-on-quarter to an average of RMB7.09 per sq m per day, bringing rental appreciation to 7.6% year-to-date. |
| ， Seven significant investment deals were transacted in the third quarter for a total consideration of RMB8.3 billion(US$1.3billion). |
| ， Gross yields fell 0.1 of a percentage point quarter-on-quarter to 5.3%, representing a 0.7 of a percentage point decline year-on-year. |
|
| |
|
|
| ， Average first-floor shopping mall rents in prime areas increased by 0.3% quarter-on-quarter to an average of RMB39.9 per sq m per day. |
| ， A number of projects in secondary areas performed especially well in the third quarter, helping to bring non-prime average rents up 3.7%. |
| ， Prime shopping malls vacancy rates increased by 0.2 of a percentage point quarter-on-quarter to 2.8%. |
| ， Three new shopping malls were launched in the third quarter, bringing a total of 164,900 sq m of supply to the market. |
| ， Several fast-fashion brands enter the eastern end of Nanjing Road (E) Pedestrian Street for the first time. |
|
| |
|
|
|
|
|
|
|
 |
|
 |
|
