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Property Times

North China : New supply leads to rising office take-up - Q2 2014

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In Q2 2014, the Beijing high-end residential market was active, though the mass market was weak. High-end residential properties were attractive for their scarcity and ability to hold their value over the long term. Transaction volume and price increased by 2.7% and 9.5% quarter-on-quarter (q-o-q) respectively. Average rent in the high-end residential leasing market increased by 0.8% q-o-q to RMB 175.90 (US$28.10) per sq m per month.

Source : DTZ (Groupe UGL)

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Keywords : DTZ