Although the price has not fallen, there are many choices.
After the introduction of a series of regulatory policies and guidance prices, Shenzhen people who are keen on “building new” are no longer so enthusiastic about “building new”, and not every real estate can be sold in seconds.
Vanke Metro Siji, located in jiangangshan, Bao’an, Shenzhen, has become one of the targets for Shenzhen people who are good at “innovation” since its first opening. On June 20, Vanke metro, which has obtained 856 pre-sale certificates for residential housing, started online house selection in four seasons. Although more than 1000 people have subscribed, there are still more than 300 units left unsubscribed until the end of house selection, with a abandonment rate of about 35%.
Although Vanke metropolises and the surrounding second-hand houses still have the phenomenon of first-hand and second-hand upside down, due to the product design orientation of the building and the area where the project is located, it is not favored by buyers.
This is also a microcosm of the Shenzhen property market in the near future. Although Vanke is a case in point, the Shenzhen market is cooling down significantly.
Under the regulatory policies, the continuous downturn of Shenzhen market has also affected the expectations and psychological prices of home buyers. In May 2021, the online signing of Shenzhen new housing market dropped to the lowest level in nearly a year. When there were only 8 projects entering the market every month, only 3 of them were sold out. Second hand housing, buyers and sellers intensified the game, trading volume also continued to decline. According to the agency’s forecast, in June 2021, the turnover of second-hand housing in Shenzhen may drop to less than 4000 units, and will continue to hover at a low level.
Land acquisition and construction projects encounter abandonment
At the beginning of the four seasons, Vanke was expected to have high expectations. In November 2020, Vanke broke through the fierce competition and won the plot with 5.998 billion + 60000 square meters of talent housing area. This is the first time Vanke has entered the jiangangshan area, and it is also a shot in the arm for Shenzhen Vanke when it is close to the edge of grain shortage.
The saleable floor price of this plot is about 65000 / m2, but there is a price limit clause. The average selling price of ordinary commercial housing shall not be higher than 83265 yuan / m2. On the day of winning the plot, Vanke has already started construction.
In just over seven months, the project is fast forward to the sales stage.
According to the website of Shenzhen Bureau of housing and urban rural development, Vanke metropolises has obtained 856 housing units in four seasons this time. The products launched are about 70-115 square meters of residential products, with a total of 8 units.
According to the information obtained by the reporter of the 21st century business report, these houses are all hardbound and delivered. The house types are 3-4 rooms, with the lowest unit price of 75400 / m2, the highest unit price of 97300 / m2 and the lowest total price of 5.2 million.
Jiangang mountain is recognized as a luxury residential area in Shenzhen. Compared with other properties in the area, its price is not expensive. The reference price of second-hand housing in Zhonghai No. 9 residence nearby is about 90000 yuan / m2, and Yuexiu and Yuefu are also comparable. Therefore, the price of Vanke metropolis in four seasons is appropriate.