【June 19-June 25, 2023】Weekly Report (including Shenzhen-Shantou Special Cooperation Zone Project)
This week, Shenzhen's overall supply and demand continued to decline, with 3 new projects, including 2 residential projects, a total of 882 units, covering an area of about 102,000 square meters. In terms of new house transactions, a total of 515 sets were transacted, with a transaction area of about 52,886 square meters, down 12.4% month-on-month, and the average transaction price rose month-on-month due to the impact of high-priced concentrated online signatures, about 73,514 yuan / ㎡, up 18.2% month-on-month. In terms of opening, 3 pure new projects opened for the first time, with a total of 2,326 residential listings for sale, of which the [Cloud Bay Garden] project saw thousands of people grab houses, and the first opening was hot.
Policy/macro
· Central Bank: Released the May financial market report, issuing a total of 5,456.16 billion bonds of various types
On June 25, People's Bank of China announced the operation of financial markets in May 2023. In terms of bond market issuance, in May, the bond market issued a total of 5,456.16 billion yuan of various bonds. 735.28 billion yuan of treasury bonds, 755.35 billion yuan of local government bonds, 984.45 billion yuan of financial bonds, 796.27 billion yuan of corporate credit bonds, 25.30 billion yuan of credit asset-backed securities, and 2.12079 billion yuan of interbank certificates of deposit. As of the end of May, the bond market custody balance was 149.3 trillion yuan.
· Central Bank: Cut 1-year LPR to 3.55%, LPR over 5 years to 4.2%
On June 20, the Department of Monetary Policy of People's Bank of China issued an announcement that the National Interbank Lending Center authorized by People's Bank of China announced that the loan market quotation rate (LPR) on June 20, 2023 is: 3.55% for 1-year LPR and 4.2% for LPR over 5 years. The above LPR is valid until the next LPR is issued.
· Shenzhen: The 2023 annual points entry will be officially launched in mid-to-late June, with a total of 20,000 indicators
On June 21, the Shenzhen Municipal Public Security Bureau issued the "2023 Interpretation of the Residential Social Security Points Household Policy". It is reported that the 2023 annual points entry will be officially launched in mid-to-late June, with a total of 20,000 household entry indicators. From 2021 to 2022, the implementation of Shenzhen Points Entry will be suspended for two years due to policy amendments. On January 30 this year, the three departments of Municipal Development and Reform, Public Security and Human Resources and Social Security jointly issued the newly revised "Shenzhen Points Household Measures", and the 2023 points household will be launched in mid-to-late June, and the declaration time will end in September.
1. New disk monitoring
Opening project
According to monitoring, 3 pure new projects opened on the market for the first time this week, with a total of 2,326 residential listings for sale, of which the [Cloud Bay Garden] project went to more than 90% on the opening day, and collected tens of billions in a single day.
Forensics projects
According to monitoring, 3 projects in Shenzhen have been certified this week, namely 2 pre-sale residential projects and 1 existing business apartment project, of which 882 sets of residential housing are available.
2. Overall market transaction
This week, the overall supply transaction volume of the Shenzhen property market continued to decline, with a total of 638 sets of transactions, covering an area of about 62,382 square meters, down 20.7% from the previous month.
3. Supply and demand trends
This week, Shenzhen ordinary residential supply 2 projects, a total of 882 units, an area of about 102,000 square meters. In terms of transactions, a total of 515 sets were transacted, with a transaction area of about 52,886 square meters, down 12.4% from the previous month; the average transaction price was about 73,514 yuan/㎡, up 18.2% from the previous month.
4. Regional transaction analysis
From the perspective of ordinary residential transactions in various districts, only the number of online signatures in Futian and Dapeng New Area increased month-on-month, and the area with more than 10,000 online signatures exceeded 10,000 square meters only Futian District, with a transaction area of about 11,458 square meters, a sharp increase of 224.6% month-on-month, and the main transaction project was [Hyde Park].
5. Top 10 project transaction ranking
The total number of transacted units of TOP10 projects was 225 sets, with a total transaction area of 22,863 square meters, and the sum of the top ten areas accounted for about 43.2% of the total transaction area this week. The following is the online signature data, and the actual selling price is subject to the project.
Judging by the weekly deal leaderboard
【Hyde Park】A total of 85 sets were transacted, with a transaction area of 8539㎡ and an average transaction price of 125541 yuan/㎡;
【Hypernuclear Center | Runfu] A total of 32 sets were transacted, with a transaction area of 3609 square meters and an average transaction price of 72586 yuan/㎡;
【China Merchants Zhencheng Garden】A total of 15 sets were transacted, with a transaction area of 1425 square meters and an average transaction price of 53862 yuan/㎡.
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The above is only the view of CRA Shenzhen and does not represent the view of the company