Changzhou property market looms 30 floors of Ordos ghost town only 1 lights

Changzhou Wu Yilu almost through Changzhou east to all the bustling areas, from the Old city center extended to the new town, surrounded by newly-built residential high-rise row, colorful ads are also visible everywhere. "Sales pressure will not be lower than Ordos. "A well-known housing enterprises in charge of Changzhou project in East China branch of Mr. Chen so described in Changzhou development prospects." In fact, like Mr. Chen is aware of Changzhou's crisis-ridden housing enterprises and a lot of people, but Changzhou in recent years the real estate investment fever is still running all the way, here, carrying the local government and developers of a gamble. High vacancy rate "here used to be farmland, now are new real estate, million square meters above the market there are a lot of small real estate are embarrassed to say out." "Walk in the main road to Changzhou Wujin New area, the backbone of the road, a local developer Mr. Shi is proud to introduce road." In recent years, the Changzhou government is spending 8 billion to build it as the main direction of Changzhou industrial economic chain development of the ink South Style Avenue. Here, can direct to Changzhou spent 15 to build the Wujin High-tech zone, the new area has developed from the science and Technology Park as a knowledge city, but also the local government to stimulate real estate investment. At night, the Wujin district government has not heard the sound of the construction site, the government and other agencies surrounding the spacious square lights, but very little pedestrian traffic. Around the delivery of residential high-rise lighting rate is mostly only 20%-30%, even the entire 30-storey building only one light of the phenomenon. Changzhou engaged in real estate intermediary business has 10 years of Teng said, well-known developers are in the new area investment in real estate, some of the early completed community occupancy rate is still less than half, and the whole building vacant is not uncommon. "The main buyers here are local residents and not many investors," he said. "As a third-tier city, the local population of Changzhou looks a lot, but the ability to digest inventory is inadequate," said a person who declined to be named. According to the Changzhou Statistics Bureau statistics, as at the end of 2010, Changzhou registered population of 3.608 million people, compared with the resident population of 1:1.3. According to the official statement, the 10-year Changzhou registered population increased by 193,000 people, an average annual growth of about 19,300 people. According to average growth rate, if every 3 people need to buy a house, Changzhou average needs 6433 units a year, on average about 536 sets per month. Mr Chen, who disagrees with the algorithm, says that in fact Changzhou has only about 1 million of its urban population, and the analysis from the company's market survey shows that the population is the only one who can digest the stock. In fact, many organizations have published reports emphasizing the fact that there is too much stock in Changzhou, and there are reports of the existence of a large area of developers enclosure, the housing market, a serious oversupply of the phenomenon of "dangerous list", the sound of vigilance ringing. According to the data statistics of Changzhou grams and Rui, as of April 2012, Changzhou new House Inventory of 41655 sets, a total of about 5.3628 million square meters. According to the proportion of new registered population, this year from May to December only need 4288 sets of housing will be able to meetNew residence needs of the resident population, the current housing stock of Changzhou House of 41655 sets, not only to meet the second half of the market demand, and only the stock of new houses enough to meet the 6.48-year increase in the housing needs of the resident population. Data from the Changzhou Bureau of Statistics show that the first half of the Changzhou housing Enterprise inventory has reached 12.218 million square meters, in accordance with the first half of the monthly sales speed, even after no new supply, enough to sell more than 20 months. As of October 16, SouFun Data Monitoring Center statistics show that Changzhou new House housing Inventory of 60232 sets. What worries Mr Chen more is that the sales dilemma that buyers and sellers are caught in is adding to the crisis of high inventories. For Changzhou property market sales, Mr. Chen and Teng are "not very ideal" and "pressure is greater" to describe. According to their introduction, the first half of Changzhou's sales market mainly to digest just need, but because of the emergence of "people need to buy a house, can not afford to buy a lack of investment", new house sales not only tepid, but also began to sell the signs of not moving. "Changzhou is currently in the sale price for the region and different, most of the 5000 yuan/square meters to 7000 yuan/square meters, some of the unit price has exceeded 10000 yuan, for local users, these prices do not have too many advantages." "The sales Department of a project developed by Changzhou Local housing Enterprise said.