RESIDENTIAL RENTAL Beijing: Snapshot of Typical Asking Rents (approx) MARKET TRENDS STANDARD PREMIUM Typical length of tenancy 12 months or 24 months Locations Shuang Jing, CBD, Sanlitun and Chaoyang Park are popular expatriate residential areas Notice period Comes with a lobby, may have a gym, Comes with a lobby and receptionist, gym, 2 months Description 30% expatriates and good property swimming pool, 50% expatriates and excellent Typical deposit management service property management service 2 months Indicate if Indicate if Unique situations rental price is rental price is • New lease: Rent From Rent To up, down or Rent From Rent To up, down or Property Pro昀椀le 10+2 break clause, minimum stay (RMB/Month) (RMB/Month) unchanged (RMB/Month) (RMB/Month) unchanged needs to be 12 months from previous from previous quarter quarter • Renewal lease: more 昀氀exible, usually 4+2 or Typical Size 700 sqft 850 sqft 700 sqft 850 sqft 6+2 break clause 1 Bed Apt 2023-Q4 18,000 21,000 — 26,000 29,000 — Typical Size 850 sqft 1,200 sqft 850 sqft 1,600 sqft 2 Bed Apt 2023-Q4 25,000 30,000 — 27,000 41,000 — Typical Size 1,400 sqft 2,000 sqft 1,400 sqft 2,000 sqft 3 Bed Apt 2023-Q4 29,000 37,000 — 38,000 49,000 — Typical Size 2,000 sqft 3,000 sqft 2,000 sqft 3,000 sqft 4 Bed Apt 2023-Q4 36,000 41,000 — 46,000 62,000 — Typical Size 2,500 sqft 4,000 sqft 2,500 sqft 4,000 sqft 4/5 Bed House 2023-Q4 38,000 48,000 — 45,000 65,000 —