A mid -year report released by the real estate consulting company Dade Liangxing showed that in mid -2023, the vacancy rate of Shenzhen -Glass A office building rose by 1.6 percentage points to 24.5%year -on -year.This is more than 24%after the end of 2020.
According to Caixin.com, according to the above report, from 2019, Shenzhen has basically been in a vacant state every year in Shenzhen.Within 20%, it rose again.During the same period, the vacancy rates in Beijing, Shanghai, and Guangzhou were kept within 20%, with 16.9%, 18.6%, and 18.0%, respectively.
It is reported that the addition of the new supply is greater than the absorption, which raises the vacancy rate of the office building in Shenzhen.Since 2015, the Shenzhen office building market has basically maintained high every year.In the first half of 2023, the total of 457,000 square meters in Shenzhen A -class office building was increased, and the city's total inventory rose to 7.7708 million square meters.During the same period, the net absorption volume reached 229,000 square meters, although it rose 37.5%year -on -year, it was only equivalent to half of the new supply.
Zhang Xiaoduan, deputy dean of the Dede Liangxing Research Institute, said that in 2023, Shenzhen still has nearly a million square meters of office projects in Shenzhen.Essence
Under the pressure of high vacancy rates, most of the new office projects in Shenzhen adopt the price reduction strategy to attract tenants, and the stock property also tends to retain the upcoming tenants of the contract at a more favorable price and business terms.In the first half of 2023, the average rent of Shenzhen A office building was 197.5 yuan per square meter per month (RMB, the same below, about S $ 36.87), a 3.0%decrease from the end of 2022.
The high rent of the Shenzhen -Glass A office building appeared in 2018. Since then, the shock has fallen all the way. In the first half of 2023, the rent level in the first half of 2023 has been greatly reduced by 28.6%compared with 2018.
