Industry: Construction & Manufacturing | Publish Date: 19-Dec-2024 | No of Pages: 99 | No. of Tables: 96 | No. of Figures: 34 | Format: PDF | Report Code : CM1208
The China Real Estate Market size was valued at USD 661.0 million in 2023, and is predicted to reach USD 864.0 million by 2030, at a CAGR of 3.9% from 2024 to 2030.
The real estate industry constitutes a multifaceted market involving the acquisition, development, and management of residential and commercial properties. This expansive sector includes residential real estate, catering to individuals and families, as well as commercial and industrial real estate, focused on business operations and manufacturing. Real estate development involves the creation and enhancement of properties, while real estate investment encompasses acquiring properties for financial gain.
Additionally, a range of professional services, such as those provided by real estate agents and property managers, contributes to the industry's dynamics. Influenced by economic trends, demographic shifts, and regulatory factors, the real estate market is a complex landscape where various stakeholders engage in activities that shape urban environments, support economic growth, and provide investment opportunities.
The rise of remote work, fueled by technological advancements, has altered preferences for property locations, with a growing emphasis on a higher quality of life over proximity to traditional work centers. Smart home features, including automation systems and energy-efficient technologies, have become significant selling points, enhancing both the desirability and value of properties.
Online platforms have transformed the real estate landscape, offering virtual tours, streamlined transactions, and an abundance of information for buyers and sellers. Data analytics empowers real estate professionals with valuable insights into market trends, property values, and investment opportunities.
Economic indicators play a pivotal role in steering the dynamics of the real estate industry. The fluctuation of interest rates is a key driver, with lower rates typically boosting demand for real estate due to increased affordability of mortgages. Employment rates serve as a barometer of economic health, influencing consumer confidence and, consequently, the willingness of individuals to invest in property.
Additionally, the overall economic growth, as reflected in the Gross Domestic Product (GDP), is a critical factor shaping the real estate landscape. During periods of economic expansion, rising income levels contribute to greater purchasing power, fostering increased demand for housing and positively impacting the commercial real estate sector.
Government policies and regulations, including tax structures and zoning rules, alongside economic uncertainties such as recessions, are the primary factors constraining the growth of the real estate market.
These influential elements determine the property values, development opportunities, and investor confidence, thereby making it crucial for real estate professionals to adapt and strategize in accordance with these dynamics, which can significantly impact the market's trajectory.
The growing number of smart cities and sustainable development projects over the region is expected to provide ample opportunities in the real estate market in the coming years. These projects focus on creating eco-friendly, tech-savvy urban environments that enhance the quality of life.
As cities face issues of energy efficiency and infrastructure, the real estate sector benefits from constructing environmentally friendly, technologically advanced properties. This trend not only addresses pressing global challenges but also offers a promising future for real estate investors and developers to prosper in a world increasingly focused on sustainability and technology.
The market players operating in the China real estate market include CBRE Group Inc, Cushman & Wakefield, JLL China, CHINA VANKE CO.,LTD, China Resources Land Limited, Colliers, Greenland Holdings Corp., Ltd., Vanke, Longfor Properties Co. Ltd , Sunac China Holdings Limited, China Overseas Land and Investment Limited, Seazen Holdings, China State Construction Engineering Corporation, R&F Properties, China Aoyuan Group Limited, and Colliers.
Residential Buildings & Dwellings
Commercial Complexes
Industrial Infrastructure
Government Infrastructure
Sales
Rental
Lease
CBRE Group Inc
Cushman & Wakefield
JLL China
CHINA VANKE CO.,LTD
China Resources Land Limited
Colliers
Greenland Holdings Corp., Ltd.
Vanke
Longfor Properties Co. Ltd
Sunac China Holdings Limited
China Overseas Land and Investment Limited
Seazen Holdings
China State Construction Engineering Corporation
R&F Properties
China Aoyuan Group Limited
REPORT SCOPE AND SEGMENTATION:
Parameters |
Details |
Market Size in 2023 |
USD 661.0 Million |
Revenue Forecast in 2030 |
USD 864.0 Million |
Growth Rate |
CAGR of 3.9% from 2024 to 2030 |
Analysis Period |
2023–2030 |
Base Year Considered |
2023 |
Forecast Period |
2024–2030 |
Market Size Estimation |
Million (USD) |
Growth Factors |
|
Companies Profiled |
10 |
Market Share |
Available for 10 companies |
Customization Scope |
Free customization (equivalent up to 80 working hours of analysts) after purchase. Addition or alteration to country, regional, and segment scope. |
Pricing and Purchase Options |
Avail customized purchase options to meet your exact research needs. |