Content library

Nov
2013

Business-living building

Business-living buildings are mixed use structures containing both business and residential space offered with property rights for 50 years. While property rights for retail or offices buildings themselves are only 40 years.

Take Beijing for example, the data from the Beijing Municipal Commission of Housing and Urban-Rural Development shows that by 19th November, 22,397 units of business-living properties in Beijing were sold, an increase of 2.5% compared to the same period in 2012. They covered a total area of approximately 1.71 Million sqm, an increase of 14%. The average transaction price was up to US$ 3,566 per sqm, a rise of US$ 352 per sqm. …

The full article content is only available to Luxury Insights China subscribers.


Top