China News Agency, Guangzhou, June 12 (Reporter Xu Qingqing) Hefu Brilliant (China) Commercial Real Estate Hefu Research Institute released a report on the Guangzhou commercial real estate market in May on the 12th, showing that in May, Guangzhou's commercial real estate market showed an overall increase in supply. With the reduction, the volume of transactions has increased compared with the previous month. Among them, the office building recorded a 160% month-on-month increase by relying on Dashou.com.
Data map: real estate. China News Agency reporter Zhang Binshe
Data show that in May, the new supply of office buildings in Guangzhou was 11,000 square meters. The city's office transaction volume was 30,000 square meters, although it was still down 47% year-on-year, but it was up 160% month-on-month. Among them, Guangzhou Iron and Steel Bohui, an old reform project on Xiji Island in Huangpu District, sold 26,000 square meters with a batch of big hand online signing.
Zhang Zhibin, general manager of Hefu Brilliant (China) Commercial Real Estate, said that since the epidemic, the situation in Guangzhou's office transactions has been supported by large-scale transactions. From January to May this year, large-scale benchmark projects accounted for more than 70% of overall office transactions.
In the apartment market, the new supply of apartments in May was about 17,000 square meters. The apartment transaction volume was 72,000 square meters, a year-on-year decrease of 31%, and an increase of 11% compared with April. From March to May, the turnover of Guangzhou apartments was stable at around 70,000 square meters. Guangzhou's retail market added 12,000 square meters in May. The transaction volume was 29,000 square meters, a year-on-year decrease of 36% and a month-on-month increase of 25%.
According to Zhang Zhibin, when the office buildings are dealt in bulk, they are often traded together with the shops, thereby driving the shops to close the deal. It is expected that in the future, the whole sale of office skirt merchants and community shops will continue to be a major booster to the retail market. (Finish)