reporter recently visited that, due to the recovery in the domestic
economy showed a steady trend, domestic enterprises continued to be
active, coupled with a large supply of new rent, Pearl River New City
failed to outperform the office market rents or prices, rental returns
than further decline ratio. According expected in 2014, Guangzhou will
have 240,000 square meters of office of new supply was completed, these
new supply all concentrated in the Pearl River New City.
Industry insiders estimate that the Pearl River New City office
prices go to the next stage, but due to the new disk into the market,
rental growth has stabilized, future rental rate of return or will
continue to decline.
Pearl City Used office price underperformed residential
reporter recently visited the market learned that just last
December, there will be Universal Plaza, Pearl River New City Center
Agile, Ying Tung International and many other Grade or Grade A office
space extravaganza ready market, which is part of the office to split
the sale of property to enter the market, based more on a single
property, rent not buy a way to enter the market.
due to strong investment demand, in 2013 the Pearl River Nrent house beijingew
City office not only single-handedly prices, used prices have risen,
but the increase is not too large. Pearl City office space per square
meter last year, or about 2000 yuan. Centaline office departmreal estate beijingent
sales manager Huang Zhifeng said. Reporter calculation, relative to the
average of the Pearl River New City office of view, this is probably
rose 5% to 8%.
Centaline Comm. GT Land Division Senior Sales Manager 林惠华 has
publicly said that last year the average price of the Guangzhou office
market rose 10% to 20%, or even to the office Pazhou part three. Seen in
this light, the Pearl River New City used office prices rose even
underperformed.
Senior Manager Department of Ge Yanping full house office, told
reporters, according to the company monitoring data, Pearl City office
last year, second-hand transaction price increase of about 5.3 percent.
According to the region to provide full house residential transaction
data, the annual increase of Pearl City Residential 8.6%. Thus, the same
area, Pearl City office or residential is still relatively slow.
2013 than in Some office rental less than 4%
in rent, office or Zhujiang New Town is even more obvious. Ge
Yanping said that from the full house monitoring data show that in 2013
the Pearl River New City office rents and 2012 was essentially flat. In
2012, average rent for office space in the Pearl River New City 157.6
yuan in 2013, an increase of only $ 0.1 was recorded as 157.7 yuan.
But Ge Yanping said that the reason there is no record full-year
average rent increase, mainly to pay too much office building in 2013.
For example, late last year, the first phase of Clovis handover, R &
Yeston handover encounter the same period, creating a competitive,
originally expected to be able to rent per square meter to 150 ~ 160
yuan, but because of oversupply, many owners had to cut prices to rent,
many unit rent is only 120 yuan / square meter.
reporters calculated that, by Paul Lowe currently Lick hand unit
price 40,000 yuan / square meter to calculate, Paul Leake Lowe's rental
ratio was only 3.6%, while even the press in early 2011 to sell 3.1
million in the average price calculation, the return rate was only 4.6%.
and introduces Huang Zhifeng said, even starting rents rose
significantly Fuli Vantage, it is not its high rental ratio. Its
introduction says, now R & Vantage in the secondary market, priced
at about 39,000 yuan, plus a dozen points taxes and intermediary fees,
the price of 4.3 million yuan. Reporters calculated that, decimating
Vantage's rental ratio at about 4.5%.
industry forecasts
selling prices or rents steady decline in occupancy rates of return
Many industry insiders told reporters that the reason for the price increase of the Pearl River New City office is slow,beijing house rent
mainly because office space generally larger, higher investment
threshold, and the price would have been relatively high early lead. The
Pazhou office rentals and other places have been relatively low, and
therefore increase will be more apparent.
Ge Yanping believes Zhujiangxincheng continuous supply of several
years are the peak of the market when the new office, whether it is
selling or holding type of property type of property, the tenant will be
carried out in order to grab some deals. Huang Zhifeng said to Agile
Pearl River New City Center, for example, the ultra-low-rise Grade A
office space has begun leasing, rent is only set at 150 yuan / square
meter. At least until the occupancy rate of 40% to 50%, rents will
slowly increase.
while the supply of the Pearl River New City office will shrink
somewhat in 2014. Reporters' 2013 Annual Review Guangzhou market "to see
from Jones Lang LaSalle released in 2014, Guangzhou will have 240,000
square meters of new supply was completed, the new supply in single
ownership-based, that is, rent not sale, all concentrated in the Pearl
River New City. 2014 supply about half in 2013, becoming the supply of
at least one year since 2009.
And Ge Yanping also believes that next year the Pearl River New
City office prices will remain 5% to 8% increase, while relatively large
market rent, the rent for the coming year is likely to continue
smoothly. She said that at present the Pearl River New City office
market has passed the best investment period. Starting in 2007 and 2008
in the Pearl River New City office of investors, the current annual rate
of return can reach 12% to 15%, it is very difficult to start such a
rate of return. However, due to the relatively stable rental income from
office, the property value with a bright future, so if from a long-term
investment perspective, the market is not too late now.
