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Greater Bay Area

The transaction volume of Guangzhou office buildings has increased by more than 20% month on month for two consecutive months

2023-10-12   

With the stabilization of the economy and the gradual introduction of various government preferential policies, the activity of the Guangzhou office building sales and rental market has recently increased. Hefu Brilliant Commercial Real Estate released a September Guangzhou commercial real estate market report on the 11th, stating that the trading volume of Guangzhou office buildings has increased by more than 20% month on month for two consecutive months. The report shows that in September, the trading volume of various business formats (office buildings, apartments, and shops) in the Guangzhou commercial office market was within tens of thousands of square meters, with office building transactions of 31000 square meters, a month on month increase of 23%. Prior to August, Guangzhou's office building transactions of 23000 square meters, a month on month increase of 39%. Compared to August, more regions recorded transactions in September, with Panyu District and Nansha District both leading the city in terms of a large number of online signatures. Chen Jianheng, a market analyst at Hefu Research Institute, predicts that the office sales market is expected to continue to recover in the fourth quarter of this year, and based on previous years, there are often many large transactions at the end of the year as the "finale". In the final project of the fourth quarter, high-quality stocks from core areas still received more market attention. In addition, the trading volume of the Guangzhou store market in September reached 17000 square meters. Despite the lack of bulk trading, the trading volume of the store market remained stable at around 20000 square meters for three consecutive months. Among them, the central region showed a month on month increase. In terms of the apartment market, the transaction volume of apartments in Guangzhou in September was 40000 square meters, a decrease from August. (New News Agency)

Edit:Hu Sen Ming Responsible editor:Li Xi

Source:ecns.cn

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