China Luxury Residential Real Estate Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The China Luxury Residential Real Estate Market Report is segmented by type (villas and landed houses, apartments and condominiums) and by cities (Beijing, Wuhan, Shanghai, Shenzhen, Guangzhou and Other cities). The report offers market size and forecasts for the China Luxury Residential Real Estate Market in value (USD billion) for all the above segments.

China Luxury Residential Real Estate Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

China Luxury Residential Real Estate Market Size

China Luxury Residential Real Estate Market Summary
Study Period 2020 - 2030
Base Year For Estimation 2024
Forecast Data Period 2025 - 2030
Market Size (2025) USD 155.43 Million
Market Size (2030) USD 210.77 Million
CAGR (2025 - 2030) 6.28 %
Market Concentration Medium

Major Players

China Luxury Residential Real Estate Market Major Players

*Disclaimer: Major Players sorted in no particular order

Compare market size and growth of China Luxury Residential Real Estate Market with other markets in Real Estate and Construction Industry

Real Estate

Construction

China Luxury Residential Real Estate Market Analysis

The China Luxury Residential Real Estate Market size is estimated at USD 155.43 million in 2025, and is expected to reach USD 210.77 million by 2030, at a CAGR of 6.28% during the forecast period (2025-2030).

China’s luxury residential real estate market is fairly concentrated, with more than 100 luxury residential real estate developers providing luxary homes who are holding the major market share and having a hold on huge inventories. These developers were under a lot of pressure during the COVID-19 pandemic.

  • In Tier 1 cities, prices moved upward strongly in Shenzhen and Hangzhou. They were slightly higher in Shanghai and stable in Beijing during the pandemic period.
  • China's luxury residential real estate sector, which relates to a significant portion of the economy, is likely to see stabilization in 2022, after a turbulent 2021 during which many companies and market segments saw their slowest-ever growth or even declines. For instance, the luxury residential real estate market was the subject of 651 regulatory policies in 2021, the highest on record and 33% more than in 2020.
  • According to China Real Estate Information Corp (CRIC), in the first half of 2022, the average selling price of luxury properties valued at more than USD 1.4 million (10 million RMB) increased 11% from a year earlier.
  • Since the second half of 2021, China's luxury residential real estate market has shown indications of slowing down, with sales volume and home prices falling in a number of Chinese cities.
  • The market's correction has led domestic financial institutions to upgrade their property-related financial services in order to keep up with shifting market dynamics. For example, the China Construction Bank has introduced JianrongJiayuan, an app that focuses on the long-term leasing sector.
  • The census results from China’s National Bureau of Statistics released in May 2021 which is a challenging reality for the country – its population growth is slowing. This trend has shown up a great impact on luxury residential real estate in China.The luxury residential property prices have grown dramatically.
  • Despite policy curbs, home prices grew at the fastest pace in eight months in April 2021, with new home prices up about +0.5% month on month and sales up by about a third year over year. Furthermore, a considerable part of all bank loans in China is property related. Out of these reasons, the development of the real estate sector is crucial for economic stability and the government is taking considerable efforts to control and stabilize the market.

China Luxury Residential Real Estate Industry Overview

The China luxury residential real estate market is competative with presence of international and local players in the market. The China luxury residential real estate market can be defined as as semi-consolidated market. Some of the top players in this market are Evergrande Real Estate Group Limited, Christie's International Real Estate, Luxury Estate, 4321 property, and China Vanke Co.

The growing presence of international funds and foreign capital is increasingly attracting domestic developers to have joint ventures as a way of gaining a foothold in the country and enhancing their financial strength and management expertise.

China Luxury Residential Real Estate Market Leaders

  1. Evergrande Real Estate Group Limited

  2. LuxuryEstate

  3. China Vanke Co

  4. Christie's International Real Estate

  5. 4321 Property

  6. *Disclaimer: Major Players sorted in no particular order
China Luxury Residential Real Estate Market Concentration
Need More Details on Market Players and Competiters?
Download PDF

China Luxury Residential Real Estate Market News

  • December 2022: A joint venture led by Shui On Land has won the land-use rights to develop a residential project on a plot in Shanghai’s Yangpu district with a bid of RMB 2.38 billion (USD 340 million). The parties plan to develop the 16,993.8 square metre (182,920 square foot) parcel on Pingliang Street into a heritage preservation project incorporating a high-end, low-density residential community. A wholly owned subsidiary of Shui On holds 60% of the JV, with the remaining 40% held by state-owned developer Shanghai Yangshupu.
  • November 2022: China’s largest lenders ready to pump over USD 162 Billion of credit into the country’s property developers, as Xi Jinping’s government retreats from tight controls on leverage in the real estate sector that had sparked a property crisis. Industrial and Commercial Bank of China (ICBC), China’s largest lender by assets, announced it was extending credit lines totalling RMB 655 Billion (USD 92 Billion) to 12 developers.

China Luxury Residential Real EstateMarket Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Deliverables
  • 1.2 Study Assumptions
  • 1.3 Scope of the Study

2. RESEARCH METHODOLOGY

  • 2.1 Analysis Methodology
  • 2.2 Research Phases

3. EXECUTIVE SUMMARY

4. MARKET DYNAMICS

  • 4.1 Market Overview
  • 4.2 Market Dynamics
    • 4.2.1 Market Drivers
    • 4.2.1.1 Higher incomes support
    • 4.2.1.2 Massive industry change
    • 4.2.2 Market Restraints
    • 4.2.2.1 High imbalance in population versus real estate index
    • 4.2.3 Market Opportunities
    • 4.2.3.1 Increase in foreign demand and foreign investments
  • 4.3 Value Chain / Supply Chain Analysis
  • 4.4 Industry Policies and Regulations
  • 4.5 Technological Developments in the Sector
  • 4.6 Industry Attractiveness - Porter's Five Forces Analysis
    • 4.6.1 Threat of New Entrants
    • 4.6.2 Bargaining Power of Buyers/Consumers
    • 4.6.3 Bargaining Power of Suppliers
    • 4.6.4 Threat of Substitute Products
    • 4.6.5 Intensity of Competitive Rivalry
  • 4.7 Impact of COVID-19 on the Market

5. MARKET SEGMENTATION

  • 5.1 By Type
    • 5.1.1 Villas and Landed Houses
    • 5.1.2 Apartments and Condominiums
  • 5.2 By Cities
    • 5.2.1 Beijing
    • 5.2.2 Wuhan
    • 5.2.3 Shanghai
    • 5.2.4 Shenzhen
    • 5.2.5 Guangzhou
    • 5.2.6 Other Cities

6. COMPETITIVE LANDSCAPE

  • 6.1 Market Concentration Overview
  • 6.2 Company Profiles
    • 6.2.1 Evergrande Real Estate Group Limited
    • 6.2.2 LuxuryEstate
    • 6.2.3 China Vanke Co
    • 6.2.4 Christie's International Real Estate
    • 6.2.5 4321 Property
    • 6.2.6 Poly Real Estate Group Co.
    • 6.2.7 China State Construction Engineering Corporation
    • 6.2.8 Longfor Properties Co. Ltd
    • 6.2.9 R&F Properties
    • 6.2.10 China Merchants Property Development Co. Ltd*
  • *List Not Exhaustive

7. MARKET OPPORTUNITIES AND FUTURE TRENDS

8. APPENDIX

You Can Purchase Parts Of This Report. Check Out Prices For Specific Sections
Get Price Break-up Now

China Luxury Residential Real Estate Industry Segmentation

Luxury Residential real estate refers to properties that are exclusively designed for human occupation, which provides charmed and resort life with high end amenities. Luxury residential real estate is something which has wider concept than simple homes, the homes equipped with all the luxarious items like home decor, security, home plans, high end kitchens, Surreal view from the property, smart home features and lavish property amenities are called as luxury homes or luxury residential real estate. The China luxury residential real estate market is segmented by type (villas and landed houses, apartments and condominiums) and by cities( Beijing, Wuhan, Shanghai, Shenzhen, Guangzhou, and other cities) . The report offers market size and forecasts in value (USD) for all the above segments.

By Type Villas and Landed Houses
Apartments and Condominiums
By Cities Beijing
Wuhan
Shanghai
Shenzhen
Guangzhou
Other Cities
Need A Different Region or Segment?
Customize Now

China Luxury Residential Real EstateMarket Research FAQs

How big is the China Luxury Residential Real Estate Market?

The China Luxury Residential Real Estate Market size is expected to reach USD 155.43 million in 2025 and grow at a CAGR of 6.28% to reach USD 210.77 million by 2030.

What is the current China Luxury Residential Real Estate Market size?

In 2025, the China Luxury Residential Real Estate Market size is expected to reach USD 155.43 million.

Who are the key players in China Luxury Residential Real Estate Market?

Evergrande Real Estate Group Limited, LuxuryEstate, China Vanke Co, Christie's International Real Estate and 4321 Property are the major companies operating in the China Luxury Residential Real Estate Market.

What years does this China Luxury Residential Real Estate Market cover, and what was the market size in 2024?

In 2024, the China Luxury Residential Real Estate Market size was estimated at USD 145.67 million. The report covers the China Luxury Residential Real Estate Market historical market size for years: 2020, 2021, 2022, 2023 and 2024. The report also forecasts the China Luxury Residential Real Estate Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

China Luxury Residential Real EstateIndustry Report

Statistics for the 2025 China Luxury Residential Real Estate market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. China Luxury Residential Real Estate analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.