“Despite a slew of policy incentives and stimulus, many potential property buyers hit a pause to their purchasing as tariff war and heightened trade tensions bring growing concerns about economic and employment stabilities, which may affect their subsequent life quality pledged to mortgage repayment capacity.”

CARLBY XIE, SAVILLS RESEARCH



New policies for housing quality leap

• Guangzhou planned to launch 131 residential land lots in 2025, with over 50% located in core areas, up 21.5 ppts YoY.

• During Q1/2025, two residential land lots were sold for RMB1.96 billion with land area totalling 50,246 sqm.

• Guangzhou’s first-hand residential supply volume decreased by 46.1% QoQ and 19.7% YoY to 0.69 million sqm.

• As of end-Q1/2025, the citywide first-hand residential transaction volume decreased by 49.6% QoQ to 1.24 million sqm.

• Guangzhou’s residential sales prices fell by 2.7% QoQ and 18.1% YoY to an average of RMB37,223 psm by end-Q1/2025.

• According to Guangzhou’s housing market annual development plan, 54,000 housing units with a total GFA of 5.65 million sqm are set to launch in 2025.