BEIJING, Shenzhen, high-grade apartment sales surge private capital into the looting

Source: Internet
Author: User
Keywords property market private enterprises residential
"Greentown projects in Wenzhou, some of the total price of housing up to 20 million yuan, but it is said to open less than half an hour, was looted a empty, not a fake mortgage it?"  "A staff member of Hangzhou branch of Construction Bank said yesterday, anxiously to the daily economic news, that the sudden emergence of high-end real estate sales, let them unprepared, because the fear is" false ", the bank is not even easy to take the" best asset "housing mortgage loans.  However, the agency's data show that almost at the same time, the deep consumption energy of high-end homes across the country suddenly burst. Private entrepreneurs with large amounts of idle money are turning high-end homes into their "premium piggy bank" to avoid possible inflation, analysts say.  Some experts also analyzed that the investment tide has not exceeded the warning line, as in 2007, the looting market, will not be immediately pirated.  Phenomenon: High-end housing "hot" in the property market "small spring" to the "midsummer" process, high-end residential heat is soaring. According to statistics, in April, Villa sales in Shenzhen increased by 654.55% in the same period last year, while the growth of 1、2、3月 was 16.9%, 50.82% and 36.11% respectively; in Beijing, the number of sales and turnover of villas in the previous April rose by 42.8% and 48.4% respectively over a year earlier.  In Shanghai, the April villa sales and supply ratio has reached 1.59:1. It's not just the villas that are hot.  Easy to live in China's data show that Shanghai's high-end apartment sales have also surged, including a unit price of 20,000 yuan/square meters above the middle-grade apartment turnover significantly rebounded, May before 20 days, the above high-end apartment deal area reached 179,300 square meters, is the February total turnover of nearly 3 times times. The hot-selling scene is not limited to the first-tier cities.  Wenzhou, Hangzhou, Ningbo and other Yangtze River delta area of the two or three-line city of high-end residential, also appeared a hot-selling scene. Behind: A large number of private enterprise funds into the easy to live China analyst Scherkingshon analysis that high-end residential sales, not only with the high-end people's needs for improvement, but also with their investment behavior inseparable.  According to the investigation, many hot-selling high-end real estate, will have a large number of Wenzhou, Ningbo entrepreneurs, they fear the future may encounter inflation, so will be a large amount of idle money to the property market. The private lending capital of underground banks, for example, had a huge influx of capital last year at a time when lending rates were as high as 7% per cent, and today the monthly lending rate is only 0.7%, and the capital is not profitable to invest in real estate.  In addition, a number of small enterprises were merged by large companies, the owners of the hands of money, but there is no project to vote, in turn to the capital into the property market. Scherkingshon's point of view, in the developer department has been a certain degree of confirmation. Zhaoting, marketing manager of Shanghai Royal Thai Real Estate Development Co., Ltd. said that the purchase of the company's eastern suburbs project customers personal assets of more than 1 billion yuan, the main force is the owners of private entities, in addition to the real estate industry peers and some it enterprisesBusiness owners.  Industry observer Rough points out that the reason for this round of high-end property market is: 4 trillion investment driven many industries, many of them concentrated in the IT industry, the yuan's weakness against the dollar, but also a large number of funds into the property market, and the fear of inflation, further make a large number of idle funds fear "shrink" into the property market. But the inflow of capital from private enterprises may not immediately lead to 2007 years of hot property market phenomenon. Sheng Chen, deputy director of the Institute of Housing Index, said that the current real estate market investment capital inflow is still in the cordon, but to avoid such as the 2007 to incur macro-control of the real estate crisis recurrence, investors, developers should remain calm enough, the relevant departments also need to be closely monitored to prevent the market overheating.
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