China Housing Sector Outlook 2013

Publication Date	October 2009
Publisher	RNCOS
Product Type	Report
Pages	50
ISBN Number	not applicable
Product Code	RCS00642

Buy this product or for assistance call +44 20 7060 7474

PDF £600.00$998 | €672

PRINT £660.00$1098 | €739

CD-ROM £660.00$1098 | €739

FAX Order above formats by FAX

Summary

Chinese housing sector is relatively young but is one of the most dynamic sectors in the world. It has emerged as an important investment instrument for the people in China over the last decade. Despite the deepening economic gloom in the US and Europe as a result of the sub-prime mortgage debacle and ensuing credit crunch, China's housing sector remains on course for yet another year of double-digit growth. Favored by rapid urbanization, high savings ratio and government support, the industry is expected to grow at a CAGR of about 11% during our forecast period (2009-2013).

Although the market is not completely immune to the economic crisis, it started getting affected somewhere around mid-2008. This was largely due to rapid increase in housing prices as well as tight monetary policy and other administrative measures that were implemented at the end of 2007, in an attempt to rein in real estate investment. Now with prompt response of the government, high savings ratio and growing urbanization, the market has started showing signs of recovery since past some months and is expected to resume its growth in near future.

The government has announced a series of new measures to boost the domestic real estate market, which had shown signs of slowing amid the global financial turmoil. The measures are basically concentrated on tax reduction and relaxing restrictions on financial institutes to give loans to private home buyers.

Our report "China Housing Sector Outlook 2013" provides detailed analysis of the housing sector in China. It gives thorough insight into each of the housing segments like ordinary housing, luxury housing and subsidized flats. Most importantly, the report provides future outlook giving due regard to the impact of global economic crisis on the housing sector of the country. The report also discusses base drivers, opportunities and challenges being faced by the Chinese housing industry.

The report also gives a brief business description of the key players in the industry. The key players discussed are China Vanke Co., Ltd; China Housing & Land Development, Inc; Shanghai Construction Co., Ltd; Beijing Urban Construction Investment & Development Co., Ltd; and Long Yuan Construction Group Co., Ltd.

Content

1. Analyst View
2. Macroeconomic Analysis
3. Housing Industry Outlook
4. Market Segmentation
- 4.1 Ordinary Housing
- 4.2 Luxury Housing
- 4.3 Subsidized Flats
- 4.4 Housing Development Hubs
  - 4.4.1 Beijing
  - 4.4.2 Shanghai
5. Demand & Supply Analysis
6. Construction Material
- 6.1 Steel
- 6.2 Cement
- 6.3 Others
7. Industry Trends
- 7.1 Housing Finance
- 7.2 Housing Provident Fund
- 7.3 Rural Housing
- 7.4 Housing Prices
- 7.5 Rental Yields
- 7.6 Second Hand Homes
8. Housing Reforms & Government Measures
- 8.1 New Housing Policy
- 8.2 Regional Measures
- 8.3 Measures to Stabilize Housing Prices
9. Leading Players
- 9.1 China Vanke Co., Ltd.
- 9.2 China Housing & Land Development, Inc.
- 9.3 Shanghai Construction Co.,Ltd
- 9.4 Beijing Urban Construction Investment & Development Co., Ltd
- 9.5 Long Yuan Construction Group Co., Ltd
List of Figures
- Figure 2-1: Economic Growth (%), 2008-2013
- Figure 2-2: Disposable Income (US$/Head), 2008-2013
- Figure 3-1: Housing Sales (Billion US$), 2003-2008
- Figure 3-2: Forecast for Housing Sales (Billion US$), 2009-2013
- Figure 3-3: Share of China in Asia-Pacific Housing Sales (2007)
- Figure 3-4: Residential Real Estate Investments (Billion RMB), 2007 & 2008
- Figure 3-5: Share of Residential Real Estate in Total Real Estate Investments, 2008
- Figure 4-1: Housing Industry by Type (%), 2008
- Figure 4-2: Housing Pattern (%)
- Figure 4-3: Ordinary Housing Sales (Million Square Meter), 2002-2008
- Figure 4-4: Luxury Housing Sales (Million Square Meter), 2002-2008
- Figure 4-5: Subsidized Flat Sales (Million Square Meter), 2002-2008
- Figure 4-6: Housing Pattern in Beijing (%)
- Figure 4-7: Residential Property Sales in Beijing (Units), H1 2008 & H1 2009
- Figure 4-8: Housing Pattern in Shanghai (%)
- Figure 4-9: Luxury Apartment Sales in Shanghai (Units), 2008 & 2009
- Figure 5-1: Number of Households (Million), 2008-2013
- Figure 6-1: Crude Steel Consumption (Million Tons), 2002-2008
- Figure 6-2: Share of Cement in Construction Material Market (2008)
- Figure 6-3: Cement Consumption (Billion Tons), 2008-2013
- Figure 6-4: Brick Sales (Billion US$), 2007 & 2008
- Figure 7-1: Mortgage Loans (Trillion RMB), 2006-2008
- Figure 7-2: Number of Second Hand Homes Sold in Shanghai (Apr 08 & Apr 09)
List of Tables
- Table 4-1: Affordable Housing Construction Plan by City (???000 Square Meter), 2009
- Table 7-1: Housing Prices, Rents & Rental Yields