Hangzhou property market, we have walked the streets (Youth Times published in 2002) - Lan Honghai - Focus ...

 An old 2002 article and see if we have walked the streets of
peak times, the mainstay of
apartment-type residential property market - the city people will never love, eternal pain
Hangzhou property market since 2000, crazy The price climbed to first half of 2002, most of the growth in property prices remain steadily, the average price of apartment buildings reached 4,800 yuan / square meters,UGG bailey button, including multi-storey apartment price is 4400 yuan / square meter, high-rise Apartment price is 5900 yuan / square meter. affordable housing at 2900 Yuan / square meter, suburban housing for the 2,500-3,000 yuan / square meter. Since 1998, Hangzhou, housing prices have significantly increased for 5 consecutive years. two affordable housing started during the year amounted to more than 200 million square meters, completed nearly 100 million square meters. Hangzhou increasingly popular second-hand housing market, the urban second-hand housing transaction price higher than the average 4,000 yuan / square meter, which will promote the further attention of home buyers interested in the property market .
an apartment is always the preferred urban living apartment in Hangzhou
2002 overall balance of the market trend, market-oriented than ever before will be a substantial increase in overall pattern of the formation of competitive pluralism, the market focus more fragmented. performance in the overall supply will be relatively large quantity of growth, but mainly concentrated in low-cost apartment blocks in the outer suburbs, urban centers of development showed a significant reduction. suburban apartment prices low because the cost of land is bound to pull down the overall price of the apartment market , but with increased urbanization, located in the city outskirts and some suburban areas of municipal property supporting a better price because there is advantage in comparison with urban areas, so prices still have room for improvement.
apartment market has long existed between supply and demand structural imbalance of the conflict also have a greater degree of relief this year. high price correction in the market will mature, mid-range property villa in the suburbs of the city economy is driven by steady growth, while the low-end property market have been greatly improved supply and demand ,UGGs, a number of lower spending power, but the outer suburbs of young emerging regional groups recognized the potential buyers will greatly release.
per capita GDP in Hangzhou has exceeded 3,000 U.S. dollars. in accordance with international practice for the housing needs of this stage adjustment of growth. It is measured in the next 5 years, per capita living area of Hangzhou, will rise to 13 square meters. Therefore, the demand for apartments in 2002 about 200 million square meters. According to the survey, more than 50% of home buyers would choose 100 -130 square meters of commercial housing. home buyers in real estate-oriented location and cost, while also taking into account the development of real estate around the atmosphere and landscape. jiangcun West coast real estate and commercial and residential areas surrounding real estate for West Lake, respectively, transformation plan and West Plaza addressing concerns arising from investors. Qianjiang New City led to the construction of the full property east of Hangzhou. At present the annual supply of properties for sale in eastern Hangzhou area is 15 million square meters, has South Shaw ports, Victor Court, million garden and other large real estate, prices rose to 5,000 yuan / square meter. With the full launch of Qianjiang New City, east apartments will be further selling.
2001, the apartment was 2.116 million square meters for pre-sale quantity .2001 Since the fourth quarter, covering more than 6,500 acres of days such as the outer suburbs of Phoenix, the capital and launched a large number of properties for sale, 3,000 yuan / square meter price for Hangzhou's face lit up. real estate developers have also staking their claims. by the development cycle count By 2003 the supply will be over 300 million square meters of suburban real estate, there is also the problem of oversupply.
first luxury real estate. high-priced market, mainly to the current downtown area, and the outer suburbs of Qiantang river view luxury residential villas and a mainly vacation homes, the supply of such housing within the next few years will still maintain a certain growth rate. downtown development will be relatively stable, while the Riverview residential and located in Yuhang Wu Chang, leisure Fuyang Silver Lake area of forest and recreation, Many high-end residential real estate landscape is still to be developed in the state, waiting for launch, but as the most high-end residential consumer goods, the limited capacity of the market to digest, there will be some pressure. <> Second, middle and low consumer trends. With the urban traffic network building and supporting the improvement of infrastructure, urban sub-center or suburban residential will become the general consumption of hot spots, and the city the next few years the development of regional focus in these areas, including Sandun, Gongshu area, Riverside, Xiasha, Starbridge, the amount will be increased throughout the development. Meanwhile, the urban demand for medium and large, many developers have focus to small and medium size real estate developers, which also brought in opportunities for low-consumer group. <> ; third affordable housing needs in the short term pressure. to the first half of this year, has approved the purchase affordable urban housing 2300, 2001 has been registered buyers 摇号 4066, removed end of 2000, approved purchase of 3000 摇号households, there are 15,934 waiting to buy affordable housing. If approved by an area of 70 square meters per household measure, to provide 1.12 million square meters housing. and urban planning in 2002 the city started construction of new affordable housing 1.14 million square meters During the year, completion of 520,000 square meters. If 70% of completed housing affordable housing public sale, need three years to solve all the city has received permit prospective purchasers of affordable housing needs of residents. So to speed up economic for Housing construction speed is a priority. but the total amount of affordable housing development program should be controlled, because the future purchase of housing conditions for the number of people will be greatly reduced. <> In general, the real estate market, there are Hangzhou room to rise, real estate development pattern will be changes, urbanization and urban population density in the lower and suburbanization, large Hangzhou will further enhance the implementation of the strategy can be home in Hangzhou, so that more people in Hangzhou live and work. Meanwhile, the economic development of Hangzhou property market will be more dynamic, virtuous and healthy real estate market.