The price of rent is not caught up
Mansion prices jumped, but the rent rise rate seems to be unable to match with the price per foot. However, there is little for the sale of a small building, the new supply is not in place, causing the developers are willing to compete at high prices.
Yuan Jin new high turnover rate of 1.9%
Mansion rent performance is relatively poor, according to the data of the Department of Estimates, in May 2017, Mafa rental index reported 246 points, this year temporarily increased by 2.3%. Compared to Grade A commercial property prices rose 8.5% over the same period, the rent was significantly lower than the price.
In the case of a deal in the Far East Financial Center, for example, the price of the city is about $ 50,000. If the market value is 79 yuan, the rent will be only about 1.9%. In terms of rent collection, the value of other property investment, or higher than the mansion.
New supply of cold support Central commercial rise
However, the supply of high demand, as rent outside the support of the central area of the rise in the price of an important factor. (00012) in May in the Central Merlin Road commercial land, the project completed the fastest 2022, that the next five years there will be no large-scale new building blocks roll out.
Although many companies choose to settle in non-Central commercial buildings, but according to industry data show that the Central commercial air vacancy rate remained at 1.9% of the low level, also reflects the status of the Central commercial buildings difficult to be banned. Low vacancy rate, no new supply in the short term. The other Murray Road commercial land to foot price of 50,000 yuan to sell, has also become a new index of the plot.
In addition, in recent years, China Merchants City, a lot of time will only consider the quality of property, places, rent income is only secondary, shot quite generous, as the market alternative source. All kinds of favorable factors, so that a mansion worth out, and a substantial increase from the rent increase.