Spring 2010
Beijing - Sales & Investment Briefing
- First-hand transaction volumes in all main property sectors (office, retail, and high-end residential) fall in the first quarter
- Transaction prices in most sectors maintain their upward trajectory with Grade 'A' office, high-end villa, and high-end apartment prices rising 2.5, 13.1, and 15.3 per cent respectively
- En bloc transaction value falls by 60 per cent in the first quarter to RMB4.36 billion, with a transacted GFA of 179,830 sqm
- The total land transaction value rises to RMB44.39 billion, up by 92.8 per cent year-on-year