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Property Market Report

Greater China - Q1 2013

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Greater China - 1Q 2013

During the first quarter of 2013, China’s State Council launched ‘Five New Measures’ to further tighten regulation of the residential property market. Purchasing power shifted to the commercial market, which is not subject to the same restrictions as home purchases, pushing up commercial prices and transaction volume. Meanwhile, the Grade-A office leasing market remained stable, with rents in Beijing, Shanghai and Guangzhou similar to those in the previous quarter, following continued growth over the past few years.

Source : Knight Frank

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