Real Estate

Fujian Real Estate Information

Rent prices for industrial manufacturing and warehouse facilities vary throughout Fujian. The highest rent prices are in Xiamen whereas prices in other cities, such as Fuzhou, are more competitive. However, rent prices within Fuzhou’s economic development areas have been increasing due to a shortage of land. Regardless, Fujian still enjoys a relatively low average rent price of RMB 14.4 per square meter. Fujian has an abundance of electricity and is even an exporter of electricity to other provinces making their prices lower than the surrounding areas and competitive in respect to the entire nation.  However, utility costs for industrial purposes have been on a rise due to power shortages across the nation in early 2011. Manufacturing facilities throughout the past five years have been growing so quickly that China’s infrastructure can’t supply the necessary resources to keep up. In some cases, China has cut back production hours so that electricity needs and water supply needs may be equally met. As China has 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).  Water costs remain competitive and are on average RMB 1.5 per cubic meter. Electricity costs range from RMB 0.47 to RMB 0.54 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 Fujian 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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