2014年第四季度中国华南及华西区房地产市场季报.pdf

DTZ Research Property Times 1 PROPERTY TIMES Residential transaction rebounds South West China Q4 2014 28 January 2015 Contents Economic Overview 2 Office 3 Retail 8 Industrial 13 Residential 14 Author Zhang Xiao-duan Head of South West China Research +86 755 2151 8116 xiaoduan.zhang@ Contacts Andrew Ness Head of Research, North Asia +852 2507 0779 andrew.ness@ Fergus Hicks Global Head of Forecasting +44 (0)20 3296 2307 fergus.hicks@ Hans Vrensen Global Head of Research +44 (0)20 3296 2159 hans.vrensen@ ? Shenzhen – Rent for retail properties goes up In Q4, most shopping malls in Shenzhen are undergoing adjustment and repositioning. Nevertheless, despite this change, strong market momentum drove rent up by 1.2% quarter-on-quarter (q-o-q) to RMB 885 (US$143.9) per sq m per month. ? Xiamen – Higher availability in grade A office market Although favourable policies stimulated the grade A office market in Xiamen, some major new projects in N/S Hubin Road faced great leasing pressure after launching, which pushed the citywide availability ratio up to a historic high, at 19.7%. ? Chongqing – Supply and demand boom in residential market In October and November, new residential supply increased by 6.2% year-on-year (y-o-y) to 4,578,000 sq m. Loan policy relaxation, sales promotions and interest rate cuts unleashed demand. Transaction volume for commodity housing in the urban areas during October and November increased to 2,402,000 sq m and 2,080,000 sq m respectively, the largest monthly transaction volumes witnessed during the year. ? Chengdu – Continued price adjustment in residential market During October and November, transaction volume in the primary residential market increased sharply, to 1.53 million sq m. However, due to the large array of properties available in the market, developers continued to attract prospective buyers by discounting prices. In October and November, average price in the