Thursday, November 18, 2010

Seven land besieged city of Asian Games Review Third Influence on the property market

 Land City Review: The Third Asian Games City seven days siege impact analysis on the property market
Xie Yifeng scholar: real estate Swordsman / Interpretation of the Asian Games City land transfer series of case studies series
present concern in the city of Guangzhou Asian Games 22 overall transfer, up to 165 billion reserve price has been listed to the highest aspirations of the Chinese price Start New City area) land listing to sell the floor has reached 3,700 yuan / m2 of view, very high indeed Qidian will only Panyu A few years later, the University Pearl River New City is the second house on behalf of 30,000 yuan / square meter area.
2009  12   No. 110-14, a number of media reports, the Commonwealth of floats. Asian Games Village, the highest price behind the king, won this year in Guangzhou City, planned to push to 55% of the share of real estate gurus have long fierce struggle. Who will get a huge cake?
overall and developers of the property market: the supply of a huge cash down payment of 8,000 rooms, sales price of 1 yuan / square meter, and therefore the formation of regional price monopoly and price of the property market in this region and other real estate prices, the other is sales and marketing other. This is the real estate sales persons and persons Yixian and developers common identity of the price, therefore, may lead to Loushi price fixing.
Asian Games   (first 8,000 sets of) how to determine the price, ten thousand yuan / square meter, who to buy?
currently four properties in the sales price is 4,500 yuan / square meter -8200 yuan / square meters, including 2010 real estate prices Poly residence up to 9200 yuan / square meters, but The average price is 6800 yuan -8200 yuan / square meter, and are small units, large units are basically not push, because the Asian Games City has not formed to purchase and market focus and investment area, and around the life and extremely inconvenient transportation and supporting , local purchasing power is limited, prices are too high, overdraft demand, increased purchase threshold; there are some farmers from the building, resulting in sales of large size and slow to melt.
So, buy a house there Basically, customers in Guangzhou and some local and overseas visitors to customers, they like the small size, not only because of small size, low down payment, low price, mainly a good shot and transfer, and can enjoy the preferential policies and so on.
The University City project land transfer down payment is 70 million, but 8000 is set can not be in a year or within six months, all to the market, or sell out, so there will be financial pressure on developers and recovery of liquidity difficulties, so the developer sets the price of early 8000 is 1 million or above will definitely not / square meter, in order to return this as soon as possible to address the financial risk, the price is basically a 8,500 yuan / square meter -9000 yuan / square meter, or sales and recovery of funds must be blocked, or no one to buy, or small units are snapped up, the big house to a situation no one is interested.
a CPPCC member, vice mayor had this to Xu Ruisheng question: Come in, control the situation but is a problem. not the same as the price may lead to developers not interested, will  . might as well make a monopoly, the government does not want to hurry to recover the funds. 

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