Government has introduced measures to combat the property market, so speculators evolutions, transfer of funds to industrial and commercial property market to find a way out. Central Plains (CIS) Department office is expected next year, the office market will be sought after in the first half of office premises as the owners reluctant sellers, buyers often have to be a high turnover, that turnover will be reduced 10%, but the average sale and rental prices increased by 30%, see the annual average increase of 40% rise.
Central Plains (CIS) following the standard office director, Zheng said at a press conference yesterday, the local office in recent years, low completions, of which the core area of long-term shorta ge of Grade A office space, demand for rental Jincheng Jiang to promote the rise, office rents follow prices higher. In addition, the Government imposed additional stamp duty on residential property, prompting some residential customer base into the office market, sought to stimulate a large office building, the first half of next year will reduce the volume of residential property, office property transactions rise not fall, I believe that banks will Contractors will work actively shop mortgage, line of high office prospects worth watching. Expected average of the first half of trading and office rental prices will rise by 30%, see the annual average increase of 40% rise.
Supply of Grade A office next year, only 103,000 m
Following the standard expected Zheng, increasing demand for Grade A office space, and promote upward rent stabilized. Quantitative easing is expected new round of measures, the designated trade will continue to show downward trend in the unemployment rate, as demand for Grade A office space a positive expansion in specific sectors, the commercial demand is still optimistic about the pace of rent increases is expected to accelerate.
He pointed out that the Grade A office completions this year will drop to 113,000 square meters, next year reduced to a mere 103,100 square meters, the future is far from adequate for Grade A office completions; B buildings, the expected completions this year will be reduced to 7,400 square meters, is expected to be completed next year, the amount recovered to 2.7 million square meters, it was still low. On the other hand, the economy continued to do well, many enterprises to actively expand their business, so that A, B continued to record growth in demand for office space. Completions are expected to remain low environment, coupled with rising demand, will continue to support the commercial rental, sale prices potential.
Suppressed by 1 into a commercial property investment
Cheng also said that 11 months out of the Government move to suppress heavy speculation in residential property, so that the increased cost of housing investment Duanchao, immediately put off speculators, the query trading offices increased by more than 10% of investors to make direct benefit office premises . However, because the owners generally optimistic and hold stocks reluctant sellers, buyers often have to be a high turnover, it is estimated that 10% of turnover will be reduced; and sub-office returns at this stage up to determine the level of 3 to 4, as grade A office space The average return of about 2 to 3 PCT, much higher than the luxury residential property is generally only about 2 or less determined return, it will become a major commercial investment market is an important tool.
