Market Reports - Shanghai Real Estate

For more market reports, please visit the website of Savills China.

Market Reports

The following market reports were made and provided by Savills China. The copyright of the market reports belongs to Savills China.

· Supply and demand in the mass residential market show signs of recovery with both increasing by 11 per cent compared with the previous quarter

· Average transaction prices increase by 36 per cent in the second quarter, standing at RMB12,857 per sq.m. by the end of June

· Shanghai's high end residential market remains active in the second quarter driving an increase in the average transaction price

· Smaller developers continue to suffer from loan and funding restrictions, while large developers look to increase their market presence

· Institutional investors remain interested in the residential market

· Strata-title properties added to the leasing market as transaction volumes in the sales market slow

· While rental growth in most Puxi submarkets continue to stagnate, properties in the Xintiandi catchment area help to raise average rents

· Villa market rental rates increased by 2.9 per cent in the second quarter to RMB166 per sq.m. per month while occupancy rates rose to 91.1 per cent

· Four projects released onto the leasing market in the second quarter

· Overall Grade 'A' rental index increases by 1.3 per cent in the second quarter

· Average Grade 'A' rent increases to RMB8.4 per sq.m. per day

· Prime Pudong records the strongest growth in rents for the tenth consecutive quarter

· No new supply seen in the second quarter due to project delays

· Vacancy rate decreases slightly to 5.8 per cent

· Final design for Shanghai's future tallest building chosen

· Construction starts on Lujiazui Raised Walkway

· The Centre sold for RMB4.4 billion

· Retail sales maintain strong growth, increasing by more than 15 per cent in the first five months of 2008

· Retail rates increase by 4.3 per cent in the second quarter led by Nanjing Road (W) and Lujiazui

· Open plan retail podiums Shanghai Bay and In Point begin operation

· Aging projects in prime retail areas undergo renovations and repositioning

· Western stretch of Huaihai Road (M) draws increased interest from retailers

· Retailers Nike and Nu Skin introduce concept stores to Shanghai

More Market Reports: 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15

Email: info@china-realestate.cn | Working Resolution:1024*768