In its Greater China Property Market Report for 4Q15, Knight Frank (KF) noted that it expects prime office prices in Guangzhou to rise in 1Q16. Rentals are expected to fall through the first three months of 2016. Major sales transactions in Guangzhou during 4Q15 included a high floor unit in R&F Yinghai Plaza in Tianhe, for USD20.4mn or USD8,146 per square metre, and a high floor unit in Top Plaza in Tianhe, for USD36.0mn or USD8,308 per square metre. Major leasing transactions included a mid floor unit in Poly Clover Plaza in Tianhe ( 575 square metres @USD23.50 per month) and a mid floor unit in R&F Yinghai Plaza (178 square metres @USD28.20 per month).

Source : KF/ February 2016/Guangzhou/OFF