观点指数在1月29日观点指数研究院发布的《小额资产交易活跃 | 2026年1月商办与办公空间发展报告》中，观点 指数认为，核心城市核心区域的写字楼仍是最易变现的资产。 国家统计局数据显示，2025年1-12月，全国办公楼开发投资额和销售额累计值分别为3203亿元和2900亿元，分别 同比下滑22.8%和9.3%，对比1-11月的同比数据，前者跌幅进一步扩大，后者跌幅有轻微收窄。 同期办公楼新开工面积和竣工面积累计值分别为1471万平方米和2071万平方米，分别同比下滑21.9%和同比增长 6.7%。 从数据来看，开发投资和销售额均出现两位数下滑，且投资跌幅扩大，市场信心不足，开发商投资意愿减弱。同 时，新开工面积大幅下降，但竣工面积却在增长，导致市场存量增加，去化周期可能延长。 | | | | 2025年12月-2026年1月写字楼市场部分租赁案例不完全统计 | | | --- | --- | --- | --- | --- | | 序号 | 时间 | 写字楼项目 | 域市 | 入驻企业 | | 1 | 2025年12月 | 广西合景国际金融广场 | 南宁 | 中科电能 | | 2 | 2025年12月 | ...

Market Overview - In Q1 2025, the Suzhou office market faced significant challenges due to a historical peak in supply in 2024, leading to increased de-stocking pressure [2] - No new supply was introduced in Q1 2025 as owners adjusted the pace of new project launches based on market conditions [2] - The rental demand contracted significantly due to external pressures and the impact of the Spring Festival, resulting in a notable decline in rental prices [2][4] Rental Market Dynamics - The average rental price for office space in Suzhou decreased to 70.02 yuan per square meter per month, marking a three-year low [4] - Owners of existing projects are employing price competition strategies, such as lowering rents and extending rent-free periods, to retain tenants [4] - The net absorption for the quarter was only 12,300 square meters, with the vacancy rate remaining stable at 29% due to no new supply and no large-scale tenant exits [2][4] Transaction Structure - The electronic information technology sector continued to dominate the market, with significant activity from industries such as smart technology, new energy, and the internet [7] - Large transactions (over 1,000 square meters) were primarily driven by professional services, insurance, and technology companies [7] Sales Market Insights - In Q1 2025, new supply in the sales market increased significantly, with 58,000 square meters introduced, including major projects like Hengli Shengze Business Center [8] - Market transactions remained stable, with a 15% increase in volume, primarily driven by non-market transactions [8] - The average transaction price rose to 17,900 yuan per square meter, influenced by a few large transactions [8] Future Outlook - The Suzhou office market is expected to face continued pressure from a large influx of high-quality projects, potentially increasing vacancy rates [9] - Owners are advised to adopt aggressive leasing strategies while enhancing resource integration capabilities to attract quality tenants [9] - Emerging industries such as commercial aerospace, low-altitude economy, and advanced technologies are anticipated to bring new demand to the office market [10][11]