Industrial and commercial land quiet property market hot and cold uneven

Source: Internet
Author: User
Keywords Estate
Tags analysis common sense differences financial internationally market not yet office
Is the real estate market fully and suddenly heating up? A common sense that people rarely mention is that there are obvious structural and regional differences in the real estate market. The selling of commodity houses and the frequent occurrence of "King of the Earth" have masked a "low temperature zone" of the current real estate industry: Trader property transactions are not yet flourishing and the industrial property market is still relatively calm.  Therefore, can not Station said that "the real estate market has been fully warmed up." The real estate market still has "low-temperature zone" international well-known property Services Shang Weili July report shows that the second quarter of this year, Shanghai office rental price per square metre of 7.05 yuan a day, the chain down 4.6%. In the first half of this year, the average rental price of Shanghai office was down 11%.  The report shows that since the fourth quarter of 2008, the Shanghai office market has been in negative absorption for three consecutive quarters, the new property projects have been continuously delivered, while the tenants have reduced the area, which has increased the occupancy rate of the market. DTZ's latest report also shows that, in the two quarter of this year, in another real estate city, Shenzhen, the sales market is still relatively deserted, despite the buoyant market.  In April and May, the shop area was only 16,400 square meters, a sharp drop of 61%. Industrial property is also relatively "calm".  An industrial park in Shanghai suburbs, a person in charge, is expected to the industrial zone this year the New Deal land area of about 100 acres, to maintain the average level in recent years. The Ministry of Land and Resources announced the first half of the land market dynamic monitoring Analysis report, the first half of this year, several key areas of industrial land price chain, year-on-year negative growth.  Among them, the Pearl River Delta region's industrial land price chain, year-on-year growth rate is the lowest, respectively, 1.86%, 4.65%, the Bohai Sea area industrial chain, year-on-year growth rate of the highest, respectively, 0.58%, 0.43%.  Analysts pointed out that the land use of a large structural and regional differences, industrial sites, commercial land, residential land must be classified observation, specific analysis, can not be Station to say that "the real estate market has been fully warmed up" and conceal the truth of the market.  Industry, Trader Property investment relative to the "calm" CB Richard Ellis reports that as the real economy is deeply affected by the financial crisis, plus the high vacancy rate of stock items, tenants will tend to postpone the implementation of long-term plans and focus on short-term financial savings, many tenants, especially multinational companies in the second half of the year will still be in the relocation, rent expansion is very cautious.  Shanghai suburb of an industrial zone, the head of the introduction, now, developers come to take the initiative of the lower. According to his analysis, there are three main reasons for this: first, the park has the initiative to control the industrial projects; the second is to include land costs, construction costs, financial costs, taxes and so on, industrial real estate projects need at least 15 years to recover costs, far more than the recovery cycle of residential property; third, the current manufacturing enterprises are still nervous, Lack of desire and strength to expand, after all, "the real economy is absolutely not as hot as residential property." The Ministry of Land and Resources recently issued a "discount notice" of industrial land, cut down the national minimum price for industrial land transfer, agriculture, forestry and animal husbandry fishery products first processing project land cut by 30%; the decline in land use by state-owned countries in the Midwest has been reduced by as much as 85%.  Some analysts believe that the current industrial property situation is still not optimistic, trader property is just "bottoming". Analysis of the industry, China's economic stability rebounded, began to enter a firm footing, saving the strength of the key period of comprehensive recovery. The "low temperature" reality of industrial and commercial real estate shows that the foundation of macroeconomic recovery has yet to be consolidated and the theme of "keeping growth" has not changed.
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