Sanya’s housing market has seen a decline in transaction area volume for the house market in the first half of this year.

During the 6-month period, there was a 39.4% year-on-year decline in the housing transaction area of commercial residential properties to 445,000 square meters.

The developers continued to be optimistic regarding Sanya’s property market and did not resort to offering discounts in order to achieve transactions despite the falling transaction area.

Besides, Sanya’s real estate sector is undergoing a transition and the proportion of the development of business real estate including resort hotels, theme hotels and commercial buildings has risen from 14.9% to 26.9%.

In the months to come, the Local Statistics Bureau authorities are suggesting that developers organize some promotional activities in major domestic regions like Beijing, Shanghai, Chongqing, Shanxi and northeast regions to show off the real estate offerings in Sanya

Editorial Message
News translation appearing here is the property of, however, for those who wish to copy the contents in part or in full, please make reference and link the article copied to our site. does not necessarily endorse their views or the accuracy of their content. For copyright infringement issues please contact