深圳城中村房租降20%，CBD业主也减租

Core Insights - The rental market in Shenzhen is experiencing a seasonal downturn, with a notable decrease in transaction volume and rental prices, indicating a shift in market dynamics [1][10]. Rental Market Trends - The rental transaction volume in Shenzhen has declined for three consecutive months, with an 8.2% decrease in November compared to the previous month, and the average transaction cycle has extended to 67 days [1][10]. - Average rental prices for commercial housing in Shenzhen fell to 74.5 yuan per square meter in November, a slight decrease of 0.3% month-on-month [1][10]. - In specific areas like the urban village of Bantian, rental prices have decreased by approximately 20%, with previously rented units now available for around 1200 yuan per month [5][10]. Market Segmentation - The rental market shows significant segmentation, with high-end properties in areas like the CBD maintaining stable prices, while urban villages experience more pronounced declines [3][7]. - In the CBD, properties such as Huangpu Yuyuan have seen a slight increase in negotiation space, with some units renting for around 11,000 yuan per month, reflecting a flexible pricing strategy among landlords [8][10]. Tenant Dynamics - Tenants are gaining more negotiating power in the current market, with many landlords adjusting prices and offering incentives to attract renters [9][10]. - The average negotiation rate has increased to 7.2%, indicating that tenants are successfully negotiating lower rents [10]. Government Initiatives - The government is actively working to increase the supply of affordable rental housing, with plans to convert underutilized commercial properties into affordable rental units [14]. - By the end of 2024, the proportion of affordable rental housing in Shenzhen is expected to reach 39%, second only to Shanghai among major cities [10][12]. Future Outlook - The rental market is undergoing structural adjustments, with a mix of declining prices in urban villages and stable demand for high-quality properties, suggesting a reconfiguration of tenant preferences and housing supply [14].