Guangzhou and Shenzhen: Housing Growth and Government Policy

    Jan 14, 2019 @ 11:00 AM / by Andrew Morollo


    The Guangzhou public library as seen during AIRINC's recent on-site survey. Photo taken by AIRINC surveyor Andrew Morollo.

    Rental market updates:

    Guangzhou and Shenzhen have stable but strong and growing rental markets. While rents for units in some of the most popular buildings increase every year, rents in less competitive buildings tend to decrease.

    Due to an increase in regional, single assignee arrivals, smaller, one- and two-bedroom apartments attract more demand than larger units, but overall supply continues to meet demand despite low vacancy rates. Shenzhen has implemented a policy intended to control the sales market, making it illegal to sell a property within three years of purchasing it. This move was implemented to slow the effects of China’s heavily speculative property market.

    How can you stay up-to-date on changes in Global Mobility?


    AIRINC's Data Points: Your Global Mobility News

    Want to learn more? The above excerpt is taken from Data Points, AIRINC's quarterly newsletter. Data Points brings you the latest updates from our Housing, Goods & Services, and Tax departments based on our expert international surveys, which are conducted by our global data collection team on-location.

    This quarter's cost-of-living surveys were conducted primarily in Europe, Asia, and mainland Southeast Asia.

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    Topics: Housing, Expatriate Housing, China, Data Points, Insights and Experience, Guangzhou, Shenzhen

    Andrew Morollo

    Written by Andrew Morollo

    Andrew joined AIRINC in 2000 as a surveyor and analyst. Since 2011, he has managed both the Hong Kong and Brussels survey teams directly. His primary responsibilities include coordinating travel for the international teams, recruiting survey staff, and managing workflow from the Cambridge headquarters. He is also responsible for conducting pricing and housing surveys in more complicated international locations, having visited over 120 countries for AIRINC. He received his B.A. in Business Administration from Northeastern University. In addition to English, Andrew speaks German.