Beijing, Mainland China Residential rental property market remains stable Property Trends Good to Know Popular Locations & Sirva Tips Reduced activity in Q4 due to the holiday season. On December 1, 2023, China implemented a unilateral Housing Types Make swift decisions once the right property has visa-free policy for ordinary passport holders from CBD District been selected, as competition is strong within the Rental rates for properties remain stable. France, Germany, Italy, the Netherlands, Spain, and China market. Sanlitun Malaysia. This brings added convenience for look-see Supply of high-quality rental properties limited Have a few backup options in case your 昀椀rst choice trip arrangements. in popular locations as there is strong competition Dongzhimen falls through. from locals. Subway Line 17 North, the rest of Line 16 Shunyi It’s a landlord’s market in Beijing due to limited (Yushuzhuang to Wanpingcheng) and Suzhou Street Landlords are less willing to entertain tenants’ home supply, therefore many landlords are unwilling to station, the rest of Line 11 west (Jin’an Bridge – 2-to-3-bedroom apartments, 130 to 180 sqm upgrading requests and prefer straightforward and negotiate on price and would prefer the tenant to Moshikou) were put into trial operation on Dec 30, fuss-free tenant agreements. commence with rental as soon as possible. 4-to-5-bedroom villas, 350 to 450 sqm 2023, bringing the total mileage of the Beijing subway No upfront payment is required to secure properties to 836 kilometers, a grand total of 490 stations, of Assignees should begin the search for a suitable costing more than 20,000 RMB per month. For rental which 83 are transfer stations. property around 1 to 1.5 months in advance. properties below 15,000 RMB, tenants may be required The most common residential rental term is a to pay half a month or one month’s rental as deposit, two-year lease with 10+2 early termination clause. subjected to what was agreed upon during negotiations.