In Shenzhen's second quarter, 34 new projects entered the market, with over 9,000 residential units helping to boost the "small spring" of the real estate market.

Reporters learned from the Shenzhen Housing and Construction Bureau that in the second quarter of 2026, Shenzhen plans to introduce 34 commercial housing projects with 10,909 units, including 9,064 residential units.

Housing experts in Shenzhen believe that the planned supply of nearly 11k units in the second quarter, especially over 9,000 residential units entering the market, will provide ample options for the currently warming market and help stabilize market expectations.

** Over 10,000 units to enter the market, Longgang leads in supply **

According to the “Announcement on the Information of Planned Commercial Housing Supply in Shenzhen for the Second Quarter of 2026” issued by the Shenzhen Housing and Construction Bureau, in the second quarter of 2026, Shenzhen plans to introduce 34 commercial housing projects with an estimated supply area of 1,226,812 square meters and 10,909 units, including: 1,054,451.24 square meters of residential units, 9,064 units; 75,080.5 square meters of serviced apartments, 838 units; 47,615.1 square meters of commercial space, 602 units; 49,665.5 square meters of office space, 405 units.

By district, Longgang leads with 6 projects offering 2,981 units; Nanshan has 10 projects providing 1,559 units; Yantian has 3 projects with 784 units; Bao’an has 6 projects offering 1,780 units; Longhua has 4 projects with 1,645 units; Guangming has 4 projects providing 1,270 units; Dapeng New Area has 1 project with 890 units.

** Industry experts believe stable supply matches warming demand **

Since March this year, various local real estate markets have experienced a “small spring” trend. According to China Index Academy data, from March 1 to March 28, the monitored 30 cities saw a 119.7% month-on-month increase in new home transaction area and a 94.7% increase in second-hand home transaction units. Although year-on-year declines remain, market activity has improved under continued policy optimization. Industry insiders generally believe that the heat in key cities’ real estate markets is expected to continue.

Experts from the Guangdong Housing Policy Research Center believe that many areas in hot cities have already seen second-hand housing prices adjust downward. Supported by policies such as reduced down payments, interest rates, and tax costs, rigid demand has been fully activated. Driven by favorable prices, policy support, and cyclical improvement, the housing market in April will be supported.

Housing experts in Shenzhen believe that the planned supply of nearly 11k units in the second quarter, especially over 9,000 residential units entering the market, will provide sufficient options for the current market rebound, help stabilize market expectations, meet diversified housing needs including rigid and improved demand, promote healthy linkage between new and second-hand markets, and support stable and healthy development of the real estate market after the “small spring.”

** Shenzhen Business Daily. Chief Reporter Li Xiuyu **

** Editor Xin Jiayi, Chief Editor Li Lili, Proofreader Song Hua **

【Source: Shenzhen Business Daily】