In areas that are not favored by the market, not only the price of new houses has increased, but the transaction volume has also increased significantly.
Last week, a new housing project in Fuyang announced that it would be sold at a price of 50,000 yuan per house from April 15, which caused an uproar, and many people said "unbelievable"!
The Hangzhou station of Phoenix Real Estate learned that the news was true, and reported it in a timely manner, and the details can be seen in "A set of 50,000 yuan, a flat 10,000 yuan!
It was also on the way to understand the project that Little Phoenix found that Fuyang not only has the confidence to increase the price of the project, but also has a considerable transaction volume of many low-density projects, which has risen compared with before.
So, has the Fuyang property market, which has been relatively flat in the past two years, really picked up?
Take the rumored project to increase in price - Shanshui Yongcui Villa as an example, an intermediary told Little Phoenix that the market has been very good recently, probably because of this.
So is it really good? Look at the data.
The project will be launched in December 2023, with 53 houses attracting 61 families to draw numbers, with a winning rate of 86.89%.
In the last two openings, they have been shaken into the offline renewal link, but it has been continuously de-escalated, and the recent transaction has indeed shown an upward trend.
According to the data of Yiju Kerry, in March, Yongcui Villa sold 6 sets of terraced houses, with a total transaction of 32.01 million yuan and an average transaction price of 24,160 yuan/㎡. Compared with the 2 sets sold in February, it has increased by 200%.
At the same time, in the process of negotiation with sales, it was learned that since April, Yongcui Villa has made more than 10 sets, which is more impressive than the transaction data in March.
Renderings of Yongcui Courtyard
Intermediary Xiao A said: "Fuyang is not the overall market is poor, like some low-density is really not short of customers, many customers like it very much, because the price is cheaper than Hangzhou, the environment is very good, and it is not far from the subway." ”
Indeed, the area where Yongcui Villa is located is almost all low-density projects nearby, and is surrounded by Hangzhou Wildlife World, Yinhu Experimental School, Metro Line 6, Rainbow Expressway and other supporting facilities, so it can attract Yinhu local improvement or undertake some improvement customers with riverside overflow.
Real shot of Yinhu Experimental School
Looking at the entire Yinhu plate, not only the market of Yongcui Villa has recovered, but Yangpo Villa is also a must-mention hot-selling leader in the plate.
The project is located in Fuyang Gaoqiao, which is in the limelight in the Fuyang market because of its close proximity to Wanda Plaza, Yangpihu Metro Station, Yangpihu Park, as well as the low average price and scarce townhouse products in the urban area.
Renderings of Shanshui Yangpo Courtyard
Since the first opening of the project in June last year, it has gone through 4 openings, with a minimum winning rate of only 26.56%, and now it has entered the stage of renewal of sales.
The real estate sales told Little Phoenix: "We sold very well, the townhouses were sold out last year, and the number of houses left is not much, only 32 and 34 buildings and the middle suites on the 2nd, 3rd and 4th floors, which are about to be liquidated." ”
According to this speed of deification, it has outperformed many main city plates.
However, it is reported that at present, the Yangpo Villa has been reduced through discount promotions, and they are all 135 square meters of intermediate units. The unit price of the house on the second floor is about 15,000 yuan/㎡, and the total price is about 2.1 million yuan, and the unit price of the floor is basically 17,000 yuan/㎡ and below.
This price is very cost-effective in Gaoqiao, where the hardcover price was limited to 22,000 yuan/㎡. Presumably, it will be a sold-out closing poster soon.
Cuijing Hezhuang, next door to Yangpo Courtyard, also successfully traded 4 sets of townhouses in March, with an average transaction price of 27,600 yuan/㎡ and a total transaction price of 23.97 million yuan, up 15.72% month-on-month, which is also the project with the highest month-on-month increase in the transaction ranking of Fuyang villas in March. (Data source: E-Kerry)
Renderings of Cui Jing and Zhuang
There is also Jinyu Yunshui Mountain Residence, which has been on sale for a long time, and 2 sets have also been sold, with a total price of 16.54 million, with an average total price of more than 8 million yuan and an average price of 25,440 yuan/㎡, up 2.15% from the previous month.
In addition to the low-density products of the Yinhu plate, the trading volume of the Fuchun plate and the Dongzhou plate is also surprising.
As the TOP1 of Fuyang villa transaction ranking in March, Chungui Jinglu in the Fuchun sector traded 10 sets of townhouses & courtyards in a single month, with a total transaction volume of 70.66 million yuan and an average transaction price of 32,873 yuan/㎡. You must know that in February, Chungui Jinglu was still "0" transaction. (Data source: E-Kerry)
Renderings of Greentown Chungui Jinglu Townhouse
Different from the lower average price of Yangpo Courtyard, Chungui Jinglu should focus on the resource support of Fuyang City and the brand effect of Greentown.
The location of Chungui Jinglu is superior in the entire Fuchun plate, not only adjacent to the river in the west, but also about 800 meters to the east to reach the Fuchun River and Dongwu Park. Within one kilometer of the straight line distance of the project, there are Fuchun No. 5 Kindergarten, Fuchun No. 7 Primary School and Fuchun Middle School, all of which belong to public schools with high recognition by the people of Fuyang, which is also a resource that other sectors are relatively lacking.
Fuchun River and Dongwu Cultural Park near Chungui Jinglu
And within 2 kilometers of the project, this product type is also unique, surrounded by high-rise residences, so the combination of townhouses & courtyards makes the community more pure, not to mention, Chungui Jinglu or Greentown "Lu" is the first to enter Fuyang, and the market expectation is very high.
The low-density Dongzhou plate is also playing steadily. Fuchun Imperial Garden, that is, Chunjiang Imperial Garden, close to Fuchun Rose Garden, the overall floor area ratio is only 0.614, all Chinese-style courtyard products, in March, it was sold the highest average price of Fuyang villas - 39,089 yuan / ㎡, a total of 4 houses were traded, and the total price reached 35.83 million yuan (data source: Yiju Kerry), with an average total price of nearly 9 million, which belongs to the community with a high threshold in the low-density products of Fuyang.
Real picture of the Chunjiang Imperial Garden Demonstration Area
On the whole, the total transaction price of low-density products in Fuyang in March has exceeded 180 million yuan, and there are even many amounts that have not yet been counted. The reasons for the recovery of Fuyang's low-density product market, Little Phoenix guessed the following points:
First of all, Chinese-style courtyards like Chunjiang Yuyuan, as well as several other projects, are relatively scarce product types, and Fuyang's low-density inventory is not large, so the pressure of decentralization is also low.
In addition, the cost of land acquisition in Fuyang is lower, the profit margin is larger, and real estate companies can create more refined products, and they can also launch a series of discounts to attract customers.
Finally, at present, the developers of these low-density projects in Fuyang are relatively recognized, such as Greentown is one of the recognized big-name real estate companies in Hangzhou, and Shanshui is the leader of Fuyang, which has built a number of projects in the local area, has a certain reputation, and has won the trust of buyers.
However, for Fuyang, the increase in the transaction volume of low-density products is indeed a good thing, but the mobilization of high-rise residential projects is the most important task, otherwise more low-density sales may be a drop in the bucket.
Editor-in-charge/Wen Jing
Co-ordinator/Emperor Producer/Bu Shanshan