PART ONE MAINLAND OF CHINA IN GENERAL 1
Chapter 1 Rapid Housing Price Rising,New Macro Control Getting Ready 2
1.1 Land Price Rising Continuously 2
1.1.1 Granting Price of the Land for Industry Use Regaining its Benchmark 3
1.1.2 High Bidding Price Created by Famous Branding Developers 3
1.1.3 Land Primary Development and Urban Redevelopment as an Efficient Way for Land Acquisition 3
1.2 Commodity Housing Supply will Further Increase 4
1.2.1 Relatively Large Supply in the Future 4
1.2.2 Supply Expansion on Mass Housing and Cheap-Rental Housing 4
1.3 Housing Price Decline is Impossible in Short-term 5
Chapter 2 "Hotspots Rotation"in Regional Market 7
2.1 Land Market 8
2.1.1 Rapid Rising of Land Price in Yangtze River Delta 8
2.1.2 Insufficient Land Supply in Pearl River Delta 10
2.1.3 Adjusting Supply Structure in Bohai Bay Economic Zone 10
2.1.4 Sufficient Land Supply in Central West China 11
2.2 Primary Residential Market 11
2.2.1 YRD:Demand Bursting and Price Rebounded 11
2.2.2 PRD:Blooming Investment and Demand,Housing Price Picking up 12
2.2.3 BBEZ:Difficult to Restraining Housing Price 12
2.2.4 CWC:Rising in both Volume and Price under Strategic Deployment 13
2.3 Secondary Housing Market 15
2.3.1 YRD:Market is Reviving 15
2.3.2 PRD:Price Rising with Steady Volume 16
2.3.3 BBEZ:Volume Shrinking while Price Rising 16
2.3.4 CWC:Rising in both Volume and Price 17
2.4 Obvious"Wave Effect"in Future Development 18
2.4.1 YRD:Regaining Advancing 18
2.4.2 PRD:Blooming As It Was 18
2.4.3 BBEZ:Showing Signs of Blooming 18
2.4.4 CWC:Ready for Starting 19
Chapter 3 The 4 Big Cities Facing New Problems Under Macro Control 20
3.1 Land Market 21
3.1.1 Beijing:Residential Land Supply Increased 21
3.1.2 Shanghai:Residential Land Supply Shrank 22
3.1.3 Guangzhou:Residential Land Supply Increased 23
3.1.4 Shenzhen:Insufficient Residential Land Supply 23
3.2 New Residential Market 23
3.2.1 Beijing:Supply Shortage Pushing Housing Price up 26
3.2.2 Shanghai:Supply Shrinking While Price Rebounding 26
3.2.3 Guangzhou:Stable Supply While both Sales Volume and Price Rising up 26
3.2.4 Shenzhen:Blooming Investment Demand Fueling Crazy Price Rising 27
3.3 Secondary Housing Market 27
3.3.1 Big Transaction Volume Increase in Beijing and Shenzhen 27
3.3.2 Share of Secondary Housing Transaction Increase Continuously 28
3.3.3 Fast Price Rising in Beijing,Shenzhen and Guangzhou 29
3.4 Office Market 29
3.4.1 Big Increase in Office Supply 30
3.4.2 Frequent Appearance of Bulk Transaction 31
3.4.3 Rental Steady Raising in Class-A Office 31
3.4.4 Optimistic Market Future 32
3.5 Retail Market 33
3.5.1 Supply Increased with More Large Retail Shops 33
3.5.2 Blooming Demand and Supply 33
3.5.3 Exhibition Fairs Pushing Retail Price in Beijing and Guangzhou 34
3.6 Market Projection in the 4 Big Cities 34
Chapter 4 "Land Hoarding"in Other 2nd-Tier Cities 36
4.1 Land Market 37
4.1.1 Supply Increasing with Suburb Area as the Main Supply Force 37
4.1.2 Trials of"Double Iimitation Land"in Some Cities 37
4.1.3 Sky-High Land Price Breaking Records 38
4.1.4 Trans-Regional Developers Started"Land Hoarding"in the 2nd-Tier Cities 39
4.2 Residential Market 41
4.2.1 Obvious Investment Rebound in Development 41
4.2.2 Both Supply and Demand Blooming 42
4.2.3 Relaxing Contradiction between Demand and Supply 42
4.2.4 Housing Price Still Keeping Rapid Growth in Partial Cities 44
4.2.5 Low Proportion of Mid-Small Layout Unit 45
4.2.6 High-Rise and Mini-High-Rise Became the Main Housing Type 45
Chapter 5 The 8 Cities with Great Potential 46
PART TWO BEIJING 49
Chapter 6 Macro Urban Status 50
6.1 City Overview 50
6.2 Economic Status 51
6.2.1 Rapid GDP Growth 51
6.2.2 Sustained Improvements of Living Standards 52
6.2.3 Large Increase of Fixed Asset Investment 52
6.3 Urban Planning 52
6.3.1 Construction of 6 High-Class Industry Zones in Full Effort 52
6.3.2 Speeding up the Construction of Transportation System 54
6.3.3 Construction of the 3 Key New Towns of Shunyi,Tongzhou and Yizhuang 55
6.4 Real Estate Policies Impacts 56
6.4.1 Policies of Finance and Taxation 56
6.4.2 Policies of Foreign-Investment Limitation 56
Chapter 7 Land Market 57
7.1 Land Supply 57
7.2 Land Demand 58
7.3 Projection 58
Chapter 8 Residential Market 60
8.1 Primary Residentia 60
8.1.1 Supply Decreased Obviously 60
8.1.2 Transaction Decreased Slightly 60
8.1.3 Price Raise Continuously 61
8.2 Secondary Residential 62
8.2.1 Lowest Transaction Growth over the Years 62
8.2.2 Rapid Price Increase 62
8.2.3 Transaction Features 63
8.3 Projection 64
8.3.1 Primary Residential 64
8.3.2 Secondary Residential 64
Chapter 9 Office Market 66
9.1 Office Supply 66
9.1.1 New Supply Bursting 66
9.1.2 East 2nd-Ring and CBD Becoming the Hot Spots of New Supply 66
9.2 Office Demand 67
9.2.1 Investment Demand Increased 67
9.2.2 Rental of Class-A Office Rising while Occupancy Decreased 68
9.3 Projection 68
Chapter 10 Retail Market 70
10.1 Retail Supply 70
10.1.1 New Supply Increased Slightly 70
10.1.2 Supply Concentrated in Chaoyang,Haidian and Fengtai 70
10.2 Retail Demand 70
10.2.1 Transaction Volume Increased Greatly 70
10.2.2 Average Pre-sale Price Raised Obviously 71
10.2.3 Active Transactions in Chaoyang,Haidian and Fengtai 72
10.3 Projection 72
PART THREE SHANGHAI 75
Chapter 11 Macro Urban Status 76
11.1 City Overview 76
11.2 Economic Status 77
11.2.1 Industrial Structure Improved 77
11.2.2 Real Estate Investment Increased 77
11.2.3 Stable Consumption and the Housing Price Rebounds Obviously 78
11.3 Urban planning 78
11.3.1 The acceleration of infrastructure construction 78
11.3.2 The Full Scale Construction of Green Land 79
11.3.3 Construction of Metro Line Transportation 79
11.4 Real Estate Policy Impacts 80
11.4.1 Enlarge Small Sized Housing Supply by"90/70" 81
11.4.2 RMB 2 Billion for Accumulating Cheap-Rental Housing 81
11.4.3 Business Tax and Individual Income Tax Affected Secondary Property Market 81
11.4.4 New Taxation Policy Increased the Speculation Cost 82
Chapter 12 Land Market 83
12.1 Land Supply 83
12.1.1 Total Supply Volume Decreased Largely 83
12.1.2 Sharp Decrease of Residential Land Supply 83
12.1.3 The Suburban Land Supply Took Half of the Total 84
12.2 Land Demand 85
12.2.1 Brand Developers are Active in Land Acquisition 85
12.2.2 The Small and Medium Developers Faced Washing Out 85
12.2.3 High-Quality Land Parcels Drew a Lot of Attention 85
12.3 Land Price 86
12.3.1 Land Price Conducted by Location and Urban Planning 86
12.3.2 Residential Land Price Hitting a New High 86
12.3.3 Industrial Land Mostly Transacted at the Base Price 87
Chapter 13 Residential Market 88
13.1 Primary Residential 88
13.1.1 Shortage in New Housing Supply 88
13.1.2 Housing Demand Rebounded 89
13.1.3 High-End Residential Blooming 89
13.2 Secondary Residential 91
13.2.1 Transaction Status 91
13.2.2 Market Feature 92
13.3 Projection 93
13.3.1 Supply and Demand Keeping Stable 93
13.3.2 New Blocks Emerging for High-End Apartment Supply 93
13.3.3 Villa Market Hardens 93
13.3.4 Secondary Residential still Blooming 94
Chapter 14 Office Market 95
14.1 General Status 95
14.1.1 Accelerated Upgrade of Class-A Office Buildings 95
14.1.2 Distinctive Office Buildings Remained Popular 95
14.1.3 Supply Location Changed 95
14.1.4 Frequent Complete Acquisition by Foreign Capitals 96
14.2 Office Supply 96
14.2.1 Concentrated Supply of Class-A Office Buildings 96
14.2.2 Sub-Central Distribution of Class-B Office Buildings 97
14.3 Office Demand 97
14.3.1 Class-A Office 97
14.3.2 Class-B Office 99
14.4 Projection 100
Chapter 15 Retail Market 101
15.1 General status 101
15.1.1 Rise of Sub-Centers 101
15.1.2 Severe Polarization in Leasing and Sales Market 101
15.1.3 Foreign Capitals Mended Their Infiltration 101
15.2 Retail Supply 102
15.3 Retail Demand 102
15.3.1 Price Increased in Fluctuation 102
15.3.2 Stable Rental Level 103
15.4 Projection 104
PART FOUR GUANGZHOU 105
Chapter 16 Macro Urban Status 106
16.1 City Overview 106
16.2 Economic Status 107
16.2.1 Stable Economic Growth 107
16.2.2 Continual Increase in Real Estate Investment 107
16.2.3 Stable Development of Local Consumption 107
16.3 Urban Planning 108
16.3.1 High Investment over Infrastructure Constructions 108
16.3.2 Construction of Metro Line Transportation Accelerated 108
16.4 Real Estate Policy Impacts 108
16.4.1 Land Policies 109
16.4.2 Monetary Policies 109
16.4.3 Taxation Policies 109
Chapter 17 Land Market 110
17.1 Land Supply 110
17.1.1 Supply Volume Hit the Historical New High of Supply Volumes 110
17.1.2 Super-scale Land Parcels Emerged 111
17.1.3 Suburbs Land Supply Increased 111
17.2 Land Demand 111
17.2.1 New Records of Land Prices 111
17.2.2 Land Granting with Conditions of"Double Limitations" 112
Chapter 18 Residential Market 114
18.1 Primary Residential 114
18.1.1 Housing Supply was in Shortage 114
18.1.2 Strong Demand Maintained 114
18.1.3 Great Increase of Transaction Price 115
18.1.4 Market Segment 115
18.2 Secondary Residential 116
18.2.1 Transaction Volume Kept Stable 116
18.2.2 Rapid Increase of Transaction Price 116
18.3 Projection 117
18.3.1 Primary Residential 117
18.3.2 Secondary Residential 118
Chapter 19 Office Market 119
19.1 General Status 119
19.2 Office Supply 119
19.3 Office Demand 120
19.3.1 Remarkable Increase of Transaction Volume 120
19.3.2 Rapid Increase of Average Transaction Price 121
19.3.3 Considerable Increase of Rental Level 121
19.4 Projection 122
19.4.1 Large Supply Volume 122
19.4.2 Rental Level and Price Remain Increasing 123
Chapter 20 Retail Market 124
20.1 General Status 124
20.2 Retail Supply 124
20.3 Retail Demand 125
20.3.1 Considerable Increase of Transaction Volume 125
20.3.2 Transaction Price Keep Increasing 125
20.4 Projection 127
20.4.1 Community Based and First Floor Shops Dominated New Supply 127
20.4.2 Multiple Retail Projects in Panyu Enter the Market 127
20.4.3 Large-Scale Projects Attract Attentions 128
PART FIVE SHENZHEN 129
Chapter 21 Macro Urban Status 130
21.1 City Overview 130
21.2 Economic Status 131
21.2.1 Sustained Rapid Economy Growth 131
21.2.2 Strong Export Performance and Rapid Growth of Foreign Direct Investment 132
21.2.3 Fixed Asset Investment Maintained Steady Growth 132
21.3 Urban Planning 132
21.3.1 Accelerated Reconstruction of Existing Urban Villages 133
21.3.2 Control and Adjustment on Real Estate Development 134
21.3.3 Public Transportation Development as the First Priority 134
21.4 Real Estate Policy Impacts 135
21.4.1 "Shen 8 Clauses"Stabilized Price 135
21.4.2 "Shen 15 Clauses"Fully Responded 135
21.4.3 Increase Land Supply for Housing Development 136
21.4.4 Restrictive Policy over Foreign Purchase Affected Hong Kong People's Investment in Shenzhen 137
21.5 Developers' Dynamics 137
21.5.1 Obvious Centralization of Market Resources 137
21.5.2 Financing and Expansion Accelerated 137
Chapter 22 Land Market 138
22.1 Land Supply 138
22.1.1 Sufficient Land Supply for Housing Development 138
22.1.2 Concentration of Supplies Remained Outside Customs 139
22.2 Land Demand 139
22.2.1 Tremendous Increase of Transaction Volume of Residential Land 139
22.2.2 Land Price Increased Considerably 140
Chapter 23 Residential Market 141
23.1 Primary Residential 141
23.1.1 Obvious Supply Shortage 141
23.1.2 Concentration of Major Supply Outside the SAR 141
23.1.3 Transaction Decreased Obviously 141
23.1.4 Housing Price Increased Greatly 142
23.1.5 Both Transaction Volume and Price for Villas Increased 142
23.1.6 Lack of Mid-Small-Unit Housing Supply 143
23.2 Secondary Residential 143
23.2.1 Slight Fallback of Listed Volume 143
23.2.2 Great Increase of Transaction Volume 144
23.2.3 Transaction Price Increased Rapidly 144
23.2.4 Promising Development in Yantian and Baoan Districts 145
23.3 Projection 146
23.3.1 Primary Residential 146
23.3.2 Secondary Residential 146
Chapter 24 Office Market 147
24.1 General Status 147
24.2 Office Supply 147
24.2.1 More Radiating Distribution of Supplies from the Center of Futian 147
24.2.2 Increased Proportion of Pure Lease Projects 148
24.3 Office Demand 148
24.3.1 Remarkable Increase of Transaction Volume 148
24.3.2 Rapid Increase of Transaction Price 148
24.3.3 Rental of Class-A Office Maintained Rising 149
24.4 Projection 150
24.4.1 Continual Increase of Supply 150
24.4.2 Strong Demand for Self-Use and Investment Purposes 150
Chapter 25 Retail Market 151
25.1 General Status 151
25.2 Retail Supply 151
25.3 Retail Demand 152
25.3.1 Continual Fallback of Retail Transaction 152
25.3.2 Large Increase of Transaction Price 152
25.3.3 Steady Increase of Retail Rental 153
25.4 Projection 153
25.4.1 Small Increase of Supply Volume 153
25.4.2 Self-Operation as a Major Leading Model 154
25.4.3 Continued Rise of Transaction Price 154
PART SIX CHONGQING 155
Chapter 26 Macro Urban Status 156
26.1 City Overview 156
26.2 Economic Status 157
26.2.1 Rapid Economic Development 157
26.2.2 Slight Fallback of Real Estate Investment Growth 157
26.2.3 Increase of Personal Savings and Consumptions 158
26.3 Urban Planning 158
26.3.1 New Master Plan 158
26.3.2 Multi-Center and Clustered Development 159
26.3.3 Accelerated Transportation Network Construction 159
26.4 Real Estate Policy Impacts 162
26.4.1 Stopped Land Supply for Villa Development 162
26.4.2 Regulating Market Order 163
Chapter 27 Land Market 165
27.1 Land Supply 165
27.1.1 Increased Scale of Single Land Parcel 165
27.1.2 Sub-Central Areas Became the Main Supply Force 165
27.2 Land Demand 166
27.2.1 Brand Developers Increased Land Reserves 166
27.2.2 Highest Land Price in Yuzhong District 166
Chapter 28 Primary Residential Market 168
28.1 Housing Supply 168
28.1.1 Continual Growth of Supply Volume 168
28.1.2 Dominance of High-Rise and Mini-High-Rise 168
28.1.3 Housing Supply with Racing between the South and North 169
28.2 Housing Demand 170
28.2.1 Active Transaction with Rising Volume and Price 170
28.2.2 Concentrated Transactions in North City 170
28.2.2 Two-Bedroom Units were the Main Supply Type 171
28.3 Projection 171
28.3.1 "Race between South and North"Remains for Supply 171
28.3.2 Attention-Getting of Sub-Central Area 172
28.3.3 Riverside Property-a Rising Star in Urban Area 172
28.3.4 Mid-Small-Units Gain Popularity 173
Chapter 29 Office Market 174
29.1 Office Supply 174
29.1.1 New Supply Slowed Down 174
29.1.2 Supplies Transferred to Untraditional Business Areas 175
29.1.3 Class-A Office Dominated Supplies 175
29.2 Office Demand 175
29.2.1 Slight Drop of Transaction Price 175
29.2.2 Rental Level Remained Stable 176
29.3 Projection 177
29.3.1 Class-A Office Gains Popularity 177
29.3.2 Continual Increase of Rental Level 177
29.3.3 Gradual Increase of Selling Price 177
Chapter 30 Retail Market 178
30.1 Retail Supply 178
30.1.1 Development Investment Slowed Down 178
30.1.2 Community Retail Became Main Supply Force 179
30.1.3 Specialized Market Ranked No.1 179
30.2 Retail Demand 179
30.2.1 Steady Growth of Transaction Volume 179
30.2.2 Continual Increase of Retail Rental 180
30.3 Projection 181
30.3.1 More Supplies from Central Retail Circles 181
30.3.2 Community Retail Remains to Be Important 181
CATALOGUE OF ILLUSTRATION 7
Figure 2-1 Layout of Hotspots Rotation in China 7
Figure 3-1 Layout of the 4 Big Cities in China 20
Figure 3-2 Centaline Leading Index by Month 29
Figure 3-3 Trend of Secondary Housing Price in the 4 Big Cities 30
Figure 4-1 Layout of the 2nd-Tire Cities in China 36
Figure 5-1 Layout of the 8 Cities in China 46
Figure 6-1 Map of Beijing Urban Area 50
Figure 6-2 GDP and Its Growth Rate in Beijing(2000-2006) 51
Figure 6-3 Priority Development Zones in Beijing during the 11th FYP 53
Figure 6-4 Beijing Metro Line Planning Map of the 11th FYP 54
Figure 6-5 Beijing Expressways Planning Map of the 11th FYP 55
Figure 7-1 Distribution of Land Transaction in Beijing(2006) 57
Figure 8-1 Supply Volume of New Commodity Housing in Beijing(2002-2006) 60
Figure 8-2 Transaction Volume of New Commodity Housing in Beijing(2002-2006) 61
Figure 8-3 Average Transaction Price of New Commodity Housing in Beijing(2006) 61
Figure 8-4 Transaction Volume of Secondary Housing in Beijing(2005-2006) 62
Figure 8-5 Average Transaction Price of Secondary Housing in Beijing(2006-2007) 63
Figure 8-6 Centaline Leading Index(Beijing)by Month(2004-2007) 63
Figure 9-1 Supply Volume of New Office in Beijing(2003-2006) 66
Figure 9-2 Supply Distribution of New Office in Beijing(2006) 67
Figure 9-3 Average Transaction Price of Office in Beijing(2002-2006) 68
Figure 9-4 Transaction Price of Class-A Office in Beijing(2002-2006) 68
Figure 9-5 Rental and Occupancy Rate of Class-A Office in Beijing(2005-2006) 69
Figure 10-1 Distribution of New Retail Supply by Districts in Beijing(2006) 71
Figure 10-2 Presale Retail Transaction Volume in Beijing(2001-2006) 71
Figure 10-3 Pre-sale Retail Transaction Price in Beijing(2001-2006) 72
Figure 10-4 Retail Transaction Units,Chaoyang,Haidian and Fengtai Districts(2005-2006) 73
Figure 11-1 Map of Shanghai Urban Area 76
Figure 11-2 GDP and its Growth Rate in Shanghai(2000-2007) 78
Figure 12-2 Land Transaction Volume by Land Use in Shanghai(2005-2007) 84
Figure 13-1 Transaction Volume of New Commodity Housing in Shanghai(2006-2007) 89
Figure 13-2 Transaction Price of New Commodity Housing in Shanghai(2006-2007) 89
Figure 13-3 Supply and Demand Status of High-End Apartment in Shanghai(2006-2007) 90
Figure 13-4 Supply and Demand Status of Villa in Shanghai(2006-2007) 91
Figure 13-5 Centaline Leading Index(Shanghai)by Month(2006-2007) 92
Figure 14-1 Transaction Volume of Class-A Office in Shanghai(2006-2007) 98
Figure 14-2 Average Transaction Price of Class-A Office in Shanghai(2006-2007) 98
Figure 14-3 Rental Level of Class-A Office in Shanghai(2006-2007) 99
Figure 14-4 Transaction Volume of Class-B Office in Shanghai(2006-2007) 99
Figure 14-5 Average Transaction Price of Class-B Office in Shanghai(2006-2007) 100
Figure 15-1 Transaction Price of Retail Projects in Shanghai(2006-2007) 103
Figure 15-2 Average Retail Rentals by Levels of Commerce Circle in Shanghai(2006-2007) 104
Figure 16-1 Map of Guangzhou Urban Area 106
Figure 18-1 Transaction Volume and Average Price of New Housing by Month in Guangzhou(2006-2007) 115
Figure 18-2 Centaline Leading Index(Guangzhou)by Month(2004-2007) 117
Figure 19-1 Transaction Volume of New Office by Districts in Guangzhou(2005-2007) 120
Figure 20-1 Retail Supply and Demand Status in Guangzhou(2006-2007) 124
Figure 20-2 Transaction Volume of New Retail Projects by District in Guangzhou(2005-2007) 126
Figure 20-3 Share of Retail New Supply by Districts in Guangzhou(2007) 127
Figure 21-1 Map of Shenzhen Urban Area 130
Figure 21-2 GDP and Its Growth Rate in Shenzhen(2000-2006) 131
Figure 21-3 Construction Planning for Shenzhen(2006-2010) 132
Figure 23-1 Commodity Housing Supply/Demond Status in Shenzhen(2000-2007) 142
Figure 23-2 Listed Volume of Secondary Housing in Shenzhen(2006) 144
Figure 24-1 Offices Distribution by Business Circles in Shenzhen 147
Figure 25-1 Retail Supply Status in Shenzhen(2001-2006) 151
Figure 25-2 Distribution of New Retail Supply by Districts in Shenzhen(2006) 152
Figure 25-3 Average Transaction Price of Retail in Shenzhen(2003-2006) 153
Figure 26-1 Map of Chongqing Urban Area 156
Figure 26-2 GDP and Its Growth Rate in Chongqing(2000-2007) 157
Figure 26-3 Transportation Plan of Major Urban Area in Chongqing 161
Figure 28-1 New Supply Volume of Commodity Housing in Chongqing(2006-2007) 168
Figure 29-2 Supply Volume of New Commodity Housing by Types in Chongqing(2006) 169
Figure 28-3 Supply Volume of New Commodity Housing by Districts in Chongqing(2006) 169
Figure 28-4 Transaction Status of New Commodity Housing in Chongqing(1999-2006) 170
Figure 28-5 Transaction Status of New Commodity Housing by Unit Area in Chongqing(Jan-Mar 2007) 172
Figure 29-1 Office Buildings Distribution in Chongqing 174
Figure 30-1 Retail Circles in Chongqing 178
CATALOGUE OF TABLE 5
Table 1-1 National Supply-Demand Situation in Real Estate Market(2004-2006) 5
Table 2-1 Land Grant and Transaction Status by Regions(2006-2007) 9
Table 2-2 Commodity Housing Supply Status by Regions(2004-2007) 13
Table 2-3 Commodity Housing Demand Status by Regions(2004-2007) 14
Table 2-4 Secondary Housing Transaction Status by Regions(2006-2007) 17
Table 3-1 Land Grant and Transaction in the 4 Big Cities(2006-2007) 22
Table 3-2 Commodity Housing Supply Status in the 4 Big Cities(2003-2007) 24
Table 3-3 Commodity Housing Demand Status in the 4 Big Cities(2003-2007) 24
Table 3-4 Real Estate Supply Status in the 4 Big Cities(2003-2007) 25
Table 3-5 Real Estate Demand Status in the 4 Big Cities(2003-2007) 25
Table 3-6 Secondary Housing Transaction Status in the 4 Big Cities(2005-2007) 28
Table 3-7 Office Supply Status in the 4 Big Cities(2006-2007) 30
Table 3-8 Rental Level of Class-A Offices in the 4 Big Cities(2005-2007) 31
Table 3-9 Retail Supply Status in the 4 Big Cities(Jan 2006-May 2007) 33
Table 3-10 Forecasts in the 4 Big Cities from 2007 to 2008 34
Table 4-1 List of Some Land Parcels at Sky-High Price in the 2nd-Tier Cities(2006-2007) 38
Table 4-2 Enclosure List of Domestic Trans-regional Developers(2006-2007) 39
Table 4-3 Commodity Housing Supply Status in 16 Cities with High Potentials(2004-2006) 42
Table 4-4 Commodity Housing Demand Status in 16 Cities with High Potentials(2004-2006) 43
Table 5-1 Classification of the Development Level of Urban Economy and Real Estate 47
Table 5-2 Characteristics of Real Estate Market by Regions 47
Table 5-3 Evaluation Findings of Cities with Potentials 48
Table 6-1 Urban Population Growth in Beijing(2005-2006) 51
Table 7-1 Average Floor Price of Land Transaction in Beijing(2006) 58
Table 11-1 Current Population in Shanghai(2005-2006) 77
Table 11-2 Metro Line Construction in Shanghai 80
Table 12-1 Land Transaction Volume in Shanghai(2001-2007) 83
Table 12-2 Land Bidding Status in Shanghai(2006-2007) 86
Table 13-1 Supply and Demand Status of New Commodity Property in Shanghai(2001-2007) 88
Table 13-2 Supply and Demand Status of New Commodity Housing in Shanghai(2001-2007) 88
Table 13-3 Transaction Volume of Secondary Housing in Shanghai(2001-2007) 91
Table 14-1 Newly Supply of Class-A Office Buildings in Shanghai(2006-2007) 97
Table 15-1 New Supply of Large Retail Projects in Shanghai(2006-2007) 102
Table 16-1 Recent Year Population in Guangzhou(2005-2006) 107
Table 16-2 Metro Line Construction Schedule in Guangzhou 108
Table 17-1 Land Grant Status in Guangzhou(2000-2007) 110
Table 17-2 Land Grant Status by Types in Guangzhou(2006) 110
Table 17-3 Land Grant Status by Districts in Guangzhou(2006) 111
Table 17-4 List of Transacted Land Parcels with High Floor Price in Guangzhou(2006-2007) 112
Table 18-1 Supply and Demand Status of Commodity Housing in Guangzhou(2003-2007) 114
Table 18-2 Transaction Volume of Secondary Housing in Guangzhou(2003-2007) 116
Table 19-1 Office Presale Status in Guangzhou(2006-2007) 119
Table 19-2 Average Transaction Prices of New Office by Districts in Guangzhou(2005-2007) 121
Table 19-3 Office Rental Level by Districts in Guangzhou(2005-2007) 122
Table 19-4 List of Approved Presale Office in Guangzhou(2007) 122
Table 19-5 List of some Office Buildings to be Handedover in Guangzhou(2007) 123
Table 20-1 Under Construction Large-Scale Retail Projects in Guangzhou(2006-2007) 125
Table 20-2 Transaction Price of New Retail Projects by District in Guangzhou(2005-2007) 126
Table 20-3 To-be-Launched or To-be-Presold Retail Projects in Guangzhou(2007) 128
Table 21-1 Urban Population Growth in Shenzhen(2005-2006) 131
Table 21-2 Summary of"Shenzhen Construction Planning(2006-2010)" 133
Table 22-1 Residential Land Supply in Shenzhen(2006-2010) 138
Table 22-2 Housing Development Volume in Shenzhen(2006-2010) 139
Table 22-3 Land Supplies for Commodity Housing Development by Distribution in Shenzhen(2006-2010) 139
Table 22-4 Land Transaction Volume in Shenzhen(2003-2006) 140
Table 22-5 Floor Price of Residential Land Transaction in Shenzhen(2006) 140
Table 23-1 Secondary Housing Transaction Volume by Districts in Shenzhen(2005-2007) 145
Table 23-1 Average Transaction Price of Secondary Housing by Districts in Shenzhen(2005-2007) 145
Table 24-1 Transaction Status of Office in Shenzhen(2004-2006) 149
Table 24-2 Rental of Class-A Office in Shenzhen(2006-2007) 149
Table 25-1 Retail Supply/Demand Status in Shenzhen(2004-2006) 152
Table 26-1 Planned Railway Lines in Chongqing 159
Table 26-2 Policies of Macro Control in Chongqing(2006-2007) 163
Table 27-1 Land Transaction Status in Chongqing(2004-2007) 165
Table 27-2 Land Reserve Status of Some Brand Developers in Chongqing(2006) 166
Table 27-3 Land Transaction Status by Districts in Chongqing(2006) 167
Table 27-4 Land Transaction Status by Districts in Chongqing(Jan-Apr 2007) 167
Table 28-1 Transaction Status of Commodity Housing by Districts in Chongqing(2006-2007) 171
Table 29-1 Office Transaction Status by Districts in Chongqing(2006-2007) 176
Table 29-2 Office Rental Level in Chongqing(2006) 176
Table 30-1 Transaction Status of Retail Shops by Districts in Chongqing(2006) 180
Table 30-2 Transaction Status of Retail Shops by Districts in Chongqing(Jan-Jun 2007) 180