Source: Broker China
Just now, the Shenzhen property market exploded again!
Today, there are a total of five luxury property auctions in Shenzhen. According to information published by the JD Asset Platform, the premium rate for the final transaction was very high. The details are as follows: the starting price of Xiangmi Lake Shuixiehuadu is RMB 29.22 million, with a transaction price of RMB 41.26 million; the starting price of Xiangmi Lake No. 1 is 319.7 million yuan, with a transaction price of RMB 64.17 million; the starting price of 398 square meters of Shenzhen Bay Ruifu (apartment) is RMB 57.68 million, with a transaction price of RMB 74.01 million; and the starting price of a single-family villa in Shahe Golf is RMB 39.06 million, with a transaction price of RMB 160 million.
According to statistics from the Leyoujia Research Center, the number of second-hand housing contracts signed online in Shenzhen in March (that is, the number of second-hand housing contracts recorded) reached 5196 units, up 117% from the previous month and 5% from the previous year. This is also after a lapse of 3 years, and the number of monthly online orders for second-hand housing in Shenzhen has once again broken 5,000 units.
Furthermore, according to statistics from the Beijing Municipal Housing and Construction Commission's official website, the number of second-hand housing units signed online in March was 14,280, up 125.5% from the previous month. It also broke through the “boom and bust line” of 12,000 units, and hit the highest point in nearly a year. According to online real estate statistics, in March 2024, a total of more than 20,000 second-hand housing units were signed online in Shanghai, surging 175% from February to February, crossing the “boom and bust line” of 15,000 units. There are obvious signs of market recovery, and market activity has increased markedly.
So, does this mean that the property market in first-tier cities is improving across the board?
Shenzhen property market is heavy
No one expected that the Shenzhen property market had quietly picked up. In the recently completed luxury property law shooting, Shenzhen luxury homes created a “fund-grabbing” premium.
According to information published by the JD Asset Platform, the premium rate for the final transactions was very high. The details are as follows: The starting price of Xiangmi Lake Shuixiehuadu is 204.9 million yuan, the average price is over 200,000 yuan/square meter; the starting price of Xiangmi Lake 1 is 319.7 million yuan, with a transaction price of 64.17 million yuan, with an average price of over 200,000 yuan/square meter; Shenzhen Bay Ruifu (apartment) with a starting price of 57.68 million yuan, with a transaction price of 74.01 million yuan; the starting price of a pure waterfront townhouse is 82.8 million yuan, with a transaction price of 100 million yuan; the starting price of a pure waterfront townhouse is 82.8 million yuan, with a transaction price of 100 million yuan; the starting price of a golf villa on the Shahe River The price was 39.06 million yuan, the transaction price was 160 million yuan, and the premium rate was over 300%.
Many people can't help but sigh that people in Shenzhen are really rich. In fact, the premiums for luxury homes in Shenzhen have not been low recently. For example, the starting price of the property 18A, Yujing Oriental Garden Building 7, at the intersection of Shenzhenwan 2nd Road and Baishi Road in Nanshan District of Shenzhen on March 7 was 16.185 million yuan, and the transaction price was as high as 31.225 million yuan. Of course, there are also ordinary houses, where the premium rate is relatively low, and there are even discounts. This means that the value of high-quality assets is still strong, and some people are willing to pay for high premiums. From another perspective, it also shows that as long as the stuff is good enough, there's actually no shortage of financial support.
Of course, there's another layer of signal: rich people are also essentially information leaders. They dare to hit the bottom with a premium, which may also mean that the property market may have bottomed out. However, judging from the March transaction data, the Shenzhen property market did show positive signs.
According to statistics from the Leyoujia Research Center, the number of second-hand housing contracts signed online in Shenzhen in March (that is, the number of second-hand housing contracts recorded) reached 5196 units, up 117% from the previous month and 5% from the previous year. This is also after a lapse of 3 years, and the number of monthly online orders for second-hand housing in Shenzhen has once again broken 5,000 units. The last time Shenzhen reached this level was in February 2021. At that time, the number of second-hand housing units signed online in Shenzhen was 5,272.
Furthermore, on March 26, Shenzhen abolished the “7090 Policy” implemented since 2006, which means that there will be no restrictions on large real estate types in the future. Meanwhile, expectations about the lifting of purchase restrictions in non-core areas of the first-tier property market are also constantly being released. These favorable rumors are probably the main reason stimulating the warming up of the property market.
Beijing and Shanghai are also warming up across the board
According to data from various sources, Shanghai sold more than 20,000 second-hand housing units in March, crossing the “boom and bust line” of 15,000 units, and there are obvious signs that the market is picking up. Moreover, prices in the Shanghai property market are not low.
On March 31, according to the Shanghai Housing Administration, the Shanghai Municipal Housing Administration announced that a total of 25 listings were released for the 2024 batch. The total construction area is about 738,000 square meters, with a total construction area of about 738,000 square meters, a total of 5,536 units, and an average registered price of 85,201 yuan/square meter. This time, luxury homes in downtown Shanghai continue to be in large quantities, and prices continue to rise. The Ruifeng Ningyuan and Ruisheng Ningyuan projects in Xuhui have a unit area of 258 square meters to 548 square meters, supplying 80 units. The average registered price is as high as 178,000 yuan/square meter, making it the highest unit price in this batch. Pudong World Expo red plate Poly World Expo Tianyue is 168,000/square meter, higher than previously estimated sales price.
On the Beijing side, on March 27, the Beijing Municipal Housing and Construction Commission announced the abolition of a document issued two years ago. The document was published in August 2021. The article stated, “If the husband and wife are divorced, and the number of housing units owned by the original family before the divorce did not meet the requirements of the city's commercial housing purchase restriction policy, no one party may purchase commercial housing in the city within 3 years from the date of divorce.”
According to data published on the official website of the Beijing Housing and Construction Commission, the number of online second-hand housing units in the city reached 14,280 units in March, a significant increase compared with the previous month, an increase of 125.5%. However, compared with the peak of transactions in March in the same period last year, there was still a 35.7% decline.
It is worth noting that many places were sold at high prices. In the week of mid-late March, Baicheng's land supply area was 2.088 million square meters and the construction area was 14.865 million square meters, up 13.3% from the previous month, down 33.9%; the transaction premium rate was 6.5%, up 4.4 percentage points from month to month; among them, the construction area of Tier 1, 2, and 3 cities accounted for 10%, 22.4%, and 67.6%, respectively, up 6.5 percentage points, down 5.1 percentage points, and 1.4 percentage points from month to month, respectively. Suzhou, Xiamen, Ningbo and other places have taken the lead in filming. This is also an important sign that real estate is heating up.
editor/tolk