Real Estate

Liaoning Real Estate Information

Average rents for industrial manufacturing and warehouse facilities are relatively consistent throughout Liaoning. At the end of 2009, average rents in its two main cities, Shenyang and Dalian, were around 18.8 RMB per square meter, per month. By 2011, the average industrial rent across Liaoning increased by about 6 percent to 19.9 RMB per square meter, per month. Utility costs for industrial purposes rose in early 2011 due to power shortages across the nation. Manufacturing facilities throughout the past five years have grown so quickly that China’s infrastructure has found it difficult to provide the necessary resources to keep up. In some cases, China has cut back production hours in order to meet electricity and water demands. As China struggled to meet electricity needs throughout the nation, the cost of electricity, from 2010 to 2011, increased by RMB 0.012 per kilowatt hour ($0.004 per kwh). Liaoning’s water and electricity prices vary throughout its different cities. In 2009, the cost of water in the city of Shenyang was at RMB 1.7 per cubic meter and its electricity was at RMB 0.39 per kilowatt-hour, respectively. However, in the southern city of Dalian, the  average cost of water was around RMB 3.2 per cubic meter and RMB 0.6 per kilowatt-hour for electricity. By 2010, the total average cost of water across all of Liaoning rose to RMB 2.36 per cubic meter and its electricity cost slightly increased to a range of RMB 0.50 to RMB 0.60 per kilowatt-hour.

For more information, please view our Guide to Real Estate Prices in China and our Guide to Manufacturing Utility Costs in China.

Please click here for a list of Industrial Parks in Liaoning that are specially developed for foreign investments and often times offer special incentives and/or programs for foreign companies.

A Note on Industrial Parks: Most new and developing industrial parks in China conduct real estate deals in-house instead of using third-party brokerage services.

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CBRE Global real estate services firm with offices throughout China

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