China Real Estate Market by Property Type (Residential Buildings and Dwellings, Commercial Complexes, Industrial Infrastructure, and Government Infrastructure), and by Business (Sales, Rental, and Lease)–Opportunity Analysis and Industry Forecast, 2025–2030
Industry: Construction & Manufacturing | Publish Date: 14-Feb-2025 | No of Pages: 171 | No. of Tables: 134 | No. of Figures: 59 | Format: PDF | Report Code : CM1208
China Real Estate Market Overview
The China Real Estate Market size was valued at USD 5.30 trillion in 2024 and is predicted to reach USD 6.98 trillion by 2030, with a CAGR of 3.9% from 2025 to 2030.
The factors such as increasing urbanization coupled with population growth, government investments along with growth of construction industry drives the market growth. However stringent government regulation in China is restraining the real property industry by reducing investor confidence and slowing property demand. On the contrary, the growing demand for sustainable and eco-friendly buildings are creating new opportunities for real property sector to come up with better projects in the country.
In addition to that, the leading players such as China State Construction Engineering Corporation, China Vanke Co., Ltd., Sunac China Holdings Limited, among others, are adopting various initiates through launch of development projects and collaboration in an effort to better their market positions and expand their real property services. Developers, with advancement in sustainable construction techniques, are paying attention to building designs that focus on eco-friendliness and sustainability to address the increasing demand for green buildings leading to expansion in the real estate market of the country.
Surge in Urbanization and Population Growth Fuels the Real Estate Sector Expansion in China
The increasing urbanization and population growth in China propels demand for housing and commercial spaces, that is accelerating the expansion of the real estate market as people are moving to cities for better infrastructure, jobs, and improved standards of living. According to Observer Research Foundation reports published in 2023, the urban population in China surged to 64% in 2022, that increases the China real estate market demand for housing and urban infrastructure. Furthermore, the country’s urbanization rate is projected to reach 59% by 2025. This rapid rise in urbanization is creating demand for huge housing, commercial properties, and urban infrastructure, that ultimately contributes to real property market expansions in China.
Rise in Government Investment Propels Growth in the China Real Estate Market
The rise in investment of the Chinese government in large-scale construction and infrastructure projects increases the growth real property sector as demand for residential, commercial, and industrial properties increases. The funding of new and smart cities, transportation system, and housing developments stimulates urban growth and attracts domestic and foreign investments.
For example, in October 2024, Chinese government announced an expansion of the White List Program, increasing bank lending for selected housing projects to approximately USD 562 billion by the end of the year. Such rise in government investment with favorable policies and incentives in the country boost property values, thereby expanding the real estate market growth in the country.
Growth of the Construction Sector Accelerates the Market Growth
The growth of the construction sector propels the Chinese real estate market by encouraging the development of residential, commercial, and industrial properties. With rising construction activities, there is a push for new housing, office spaces, and retail centers, building demand for properties and promoting real property investment.
According to the report published by the International Trade Administration in 2023, the overall investment in the new infrastructure during 14th Five-Year Plan policy in China is expected to reach USD 4.2 trillion by 2025. This expansion of China's construction sector is enhancing consumer interest in buying or renting properties, that ultimately boosts the market growth in the country.
Stringent Regulatory Measures Slows Down China's Real Estate Market
Stringent government regulations in the country, such as the Three Red Lines policy, strict lending rules for mortgages, and increased oversight of land acquisitions, restrain the growth of the real property sector. These kinds of regulatory policies hamper developers and buyers who wish to invest in the real property sector, which again slows down the market growth.
Green Building Initiative Expected to Fuel Growth of Real Estate Market Growth in China
The adoption of green building initiative is anticipated to accelerate in China real estate market growth in the forthcoming years due to adoption of sustainable construction and energy efficient designs that attracts eco-conscious buyers and investors. For instance, the Chinese government adopted environmental sustainability strategy through adoption of advanced green building technologies and renewable energy applications by 2025. This strategic push is anticipated to create huge opportunities for developers and stakeholders in the real property sector by enhancing regulatory incentives, reducing carbon footprints, and increasing the value of green-certified properties.
By Property Type, Residential Buildings and Dwellings Holds the Dominant Share in the China Real Estate Market
The residential building and dwelling segment dominate the China real estate market share, accounting for 42.98%, driven by rapid urbanization, the growth of the middle-class population, and surging demand for housing. Residential property is one of the most important sectors on the country as the government promotes affordable housing. Demand for high-quality, well-located housing characterizes the market trend, and developers are concentrating on smart, sustainable, and community-oriented projects in the country.
By Business Type, Sales, Holds the Highest CAGR of 5.4%
By business type, the sales segment records the highest CAGR of 5.4% in the China real estate sector due to increasing urbanization, demand for homeownership, and a shift in investment of the China real estate market trends. The digital transformation of property transactions, smoothing of online platforms, and governmental policies in China to promote stability in real property favoured this segment.
Advanced technologies such as AI-powered property analytics, virtual property tours, and blockchain-based transactions promoted greater transparency and efficiency, therefore attracting domestic and international buyers alike. This rapid expansion of the sector underlines its critical role in shaping the real property sector of China with innovative solutions to meet the changing needs of homebuyers and investors.
Competitive Landscape
Several key players operating in the China real estate industry includes China State Construction Engineering Corporation, China Vanke Co., Ltd., China Resources Land Co., Ltd., Sunac China Holdings Limited, Shimao Group Holdings Ltd., Seazen Holdings Co. Ltd., China Railway Construction Corp. Ltd. (CRCC), China Poly Property Group Corporation, Guangzhou R&F Properties Co., Ltd., Century Golden Resources Group, Prologis Inc., Jones Lang LaSalle (JLL), Asia Pacific Properties Limited, Vivid Invest, Top Capital Group Ltd., CBRE Group, Inc., Evergrande Group, Longfor Group, Savillis Plc., Colliers International Group Inc., and others.
China Real Estate Market Key Segments
By Property Type
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Residential Buildings and Dwellings
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Affordable
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Mid End
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High End
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Luxury
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Ultra Luxury
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Commercial Complexes
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Industrial Infrastructure
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Government Infrastructure
By Business
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Sales
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Rental
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Lease
Key Players
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China State Construction Engineering Corporation
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China Vanke Co., Ltd.
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China Resources Land Co., Ltd.
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Sunac China Holdings Limited
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Shimao Group Holdings Ltd.
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Seazen Holdings Co. Ltd.
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China Railway Construction Corp. Ltd. (CRCC)
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China Poly Property Group Corporation
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Guangzhou R&F Properties Co., Ltd.
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Century Golden Resources Group
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Prologis Inc.
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Jones Lang LaSalle (JLL)
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Asia Pacific Properties Limited
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Vivid Invest
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Top Capital Group Ltd.
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CBRE Group, Inc.
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Evergrande Group
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Longfor Group
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Savillis Plc.
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Colliers International Group Inc.
REPORT SCOPE AND SEGMENTATION:
|
Parameters |
Details |
|
Market Size in 2024 |
USD 5.30 Trillion |
|
Revenue Forecast in 2030 |
USD 6.98 Trillion |
|
Growth Rate |
CAGR of 3.9% from 2025 to 2030 |
|
Analysis Period |
2024–2030 |
|
Base Year Considered |
2024 |
|
Forecast Period |
2025–2030 |
|
Market Size Estimation |
Trillion (USD) |
|
Growth Factors |
|
|
Countries Covered |
28 |
|
Companies Profiled |
20 |
|
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. |
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