Home trading in Beijing hits 3-year low

0 CommentsPrint E-mail China Daily, October 8, 2009
Adjust font size:

Property transactions in Beijing during the National Day Holiday touched a three-year low for the period, even as buyers from other provinces considered it a good opportunity to purchase homes in the capital.

According to statistics from the Beijing Municipality's property transaction management website, sales of future delivery residential apartments stood at 114 units on October 6, a drop of 74 percent compared with the same period last year. Even in 2008, when the property market was sluggish, transactions during the first six days of the National Day holiday period were 1411 units, compared with 472 units this year.

"Such a low transaction volume was largely due to the fast rising prices of property in the past few months," said Eric Chan, general manager of Synergis Asset Management Services Limited.

Quite a number of residential projects in Beijing have seen their prices go up by more than 50 percent since April.

"Sale of homes during this National Holiday is, in fact, a critical measure to judge people's expectations. A rosy holiday will indicate optimistic sales in the fourth quarter, while a lean one may signal pessimism," Chan added.

Despite the drop in sales of common residential projects, transactions of high-end residential apartments remained brisk. Statistics from E-house China showed that the average monthly sales of apartments with an average price higher than 30,000 yuan per sq m exceeded 20 billion in the past three months in Beijing. And the monthly sales of the top three best sellers all exceeded 200 million yuan.

The wait-and-see attitude of local residents, however, did not dent the enthusiasm of buyers from other provinces.

Statistics from Midland Realty (Beijing), a real estate brokerage firm, showed that more than 500 families outside Beijing and 100 Hong Kong families registered at the company seeking properties in Beijing during the National Day Holiday.

"Quite a number of buyers are investors from Shanxi and Hebei provinces, and projects located close to 'land kings' particularly interested them," said Bai Jiyuan, general manager of Midland Realty.

According to a salesperson at Xanadu, a property project next to the CCTV's new headquarters, more than 40 percent of buyers were from other provinces, and overseas residents accounted for around 30 percent.

"During the National Day Holiday, we saw more buyer interest from other provinces, especially those from North China. Most of them were interested in apartments with price tags hovering around 6 million yuan," a salesman surnamed Liu said. The price of a Xanadu apartment now ranges between 48,000 and 65,000 yuan per sq m.

 

PrintE-mail Bookmark and Share

Comments

No comments.

Add your comments...

  • Your Name Required
  • Your Comment
  • Comments are moderated and generally will be posted if they are on-topic and not abusive.
Send your storiesGet more from China.org.cnMobileRSSNewsletter
主站蜘蛛池模板: 国产偷国产偷精品高清尤物| 日本特交大片免费观看| 国产一区二区视频在线观看| free性满足hd极品| 忘忧草视频www| 久久99热只有频精品8| 欧美成人精品第一区| 免费能直接在线观看黄的视频 | 亚洲日韩乱码久久久久久| 精品午夜福利1000在线观看| 国产免费无码av片在线观看不卡| 人与禽交zozo| 欧美亚洲国产激情一区二区| 国产高清一区二区三区免费视频| 一区二区在线观看视频| 成人精品一区二区久久| 久久不见久久见免费影院www日本| 日韩欧美亚洲每的更新在线| 亚洲av无码乱码在线观看| 武林高贵肥臀胖乳美妇 | 天天做天天爱天天爽综合网| 亚洲欧美偷自乱图片| 狠狠色婷婷久久一区二区三区| 啊灬啊灬啊灬快灬深用口述 | 日韩视频在线观看| 亚洲AV高清在线观看一区二区| 欧美叉叉叉BBB网站| 亚洲性图第一页| 永久免费无码网站在线观看| 人人妻人人狠人人爽| 青春禁区视频在线观看8下载| 国产精品毛片无码| 一区二区三区免费精品视频| 成人免费网站视频| 久久久国产精品无码免费专区| 最近高清中文在线字幕在线观看| 人妻无码一区二区视频| 怡红院亚洲怡红院首页| 国产精品自产拍在线观看| 91精品国产高清91久久久久久| 女人18毛片a级毛片一区二区|