The real estate development industry includes the development of residential property, commercial real estate, industrial real estate and tourism real estate. The typical products of residential property development consists of common residence, villa and service apartment which are featured by a short development cycle but relatively large risks. It is mainly influenced by the quantity and structure of the population, income, living conditions and requirements, position and auxiliary facilities.
As a special commodity, the residential property industry possesses both use value and investment value. Therefore, clients can be divided into living oriented type and investment oriented type from the demand aspect. In 2015, the sales value of the residential property reached CNY 7,275.3 billion in China with an increase of 16.6% YOY.
In China, the government possesses the ownership of all land, so the land resources show the scarcity. The government sets strict restrictions on the use of land. Only the residential real estate development enterprises with certificates for the right to the use of land, permits for the planning of construction projects and construction permits can implement the advance sales of commercial houses without optional change. Thus, the land resource barriers are very high.
Key Topics Covered:
1 Research Methodology of China Residential Property Industry
2 Operation Status of China Residential Property Development Industry, 2011-2015
3 Analysis on Competition Status of Residential Property Development in China, 2011-2016
4 Top 5 Enterprises in China Residential Property Development Industry, 2011-2015
5 Analysis on Development Cost and Price of Residential Property Development in China, 2013-2015
6 Prediction on the Development of China Residential Property Development Industry, 2016-2020
- China Overseas Land & Investment Ltd.
- China Vanke Co., Ltd.
- Evergrande Group
- Greenland Holding Group Co., Ltd.
- Poly Real Estate Group Co., Ltd.
For more information visit http://www.researchandmarkets.com/research/kcs4sc/china_residential
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To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/china-residential-property-industry-overview-2011-2020---in-2015-the-chinese-sales-value-of-the-residential-property-reached-cny-72753-billion-in-china---research-and-markets-300297978.html
SOURCE Research and Markets