China Real Estate: 14M
Units
1 year’s completion = HK’s
Supply = BJ plenty, SH tight
US$/ft2 stock
1,680
HK GDP / ft2
US$/ft2 progress + completed
1,848
China GDP/ft2
MC 1 year > HK private stock
1.35
Ratio
ft2 private stock
100,000,000
HK Total Stock
ft2 completed
135,464,096
China in 2005
13
China to HK
1.68E+11
HK GDP
2.21E+12
China GDP