2016-02-17-第一太平戴维斯-北京住宅租赁市场简报2015年第四季度_3页_938kb

Beijing Residential Rental Market Summary (February 2016)

The market overview indicates a global economic slowdown has reduced expatriate rental demand, shifting focus to domestic needs. High-end serviced apartments and apartments show stability with minor growth, while high-end villas face downward trends. Rental performance in Q4 2015 includes: serviced apartments at 84.3% occupancy and RMB 203.3/m²/month rent; high-end apartments at 92.8% occupancy and RMB 144.1/m²/month rent; high-end villas at 84.2% occupancy and RMB 119.9/m²/month rent. Market outlook for 2016 includes new projects entering, potentially increasing supply; demand for smaller units expected to grow; domestic needs becoming more prominent; continued pressure on high-end villas.