Domestic buyers seen as key driver

In real estate across the country, domestic buyers are expected to dominate big or block investment deals worth 100 million yuan ($14.5 million) or more each in the New Year, an industry report said.

That's because buyer interest in office buildings, serviced apartments and commercial complexes is rising, said a research report by DTZ/Cushman & Wakefield, a realty services provider.

The report said the realty investment market in China has been "particularly active" in 2016 and may continue to thrive in 2017.