• No new serviced apartment projects launched onto the leasing market in the fourth quarter
  • Serviced apartment sales market records a pick up in prices in the fourth quarter
  • Two new projects placed onto the Tianjin high-end residential sales market in the fourth quarter
  • Serviced apartment rents fall 0.3 per cent in the fourth quarter to an average of RMB221.5 per sqm per month
  • The citywide serviced apartment vacancy rate falls 3.5 percentage points in the fourth quarter to 23.7 per cent
  • Residential sales transaction volume fall 7.6 per cent in the fourth quarter to 3.7 million sqm
  • Average high-end residential asking prices rise to between 13 and 19 per cent in the fourth quarter