Economic observation: Shenzhen-Hong Kong cooperation measures to recover the bottom price

Shenzhen, June 4 (Xinhua): Shenzhen-Hong Kong cooperation measures frequency of home prices to the bottom of the decline in the downturn run in Shenzhen real estate prices for more than a year, this May changed the direction. Year-on-year 17.6%, the chain 6.1% of the increase, so that Shenzhen new commodity housing sales price caused by the industry, and even the community's concern.　　After 1.5 adjustment, Shenzhen commercial housing prices to enlarge, it seems to show the trend of recovery. Analysts here pointed out that Shenzhen close to Hong Kong, the two places have basically formed an hour of Life circle.　　Recently, with the "Shenzhen comprehensive reform package overall plan" approved by the State Council, the Shenzhen-Hong Kong cooperation measures frequency, with the pace of urbanization, these positive news to Shenzhen real estate investment value and value-added potential to add a broad imagination space. Shenzhen the land and real Estate department statistics show that in May this year, the Shenzhen city of new merchandise residential sales price of 12949 yuan/square meters, up 17.6% year-on-year, 6.1% in April.　　This is Shenzhen since April this year, the sales price of newly-built commodity houses for two consecutive months year-on-year and the chain Rose, the volume significantly enlarged.　　Not only that, in the first 5 months of this year, Shenzhen new commercial residential sales area of 3.15 million square meters, up from the same period last year, 154%, of which the May transaction area of 775,900 square meters, rose nearly twice times. "Shenzhen property market after more than a year of adjustment, wait-and-see game, the current price has basically returned to rationality."　　Wu Yi-wan, a researcher at the Shenzhen Academy of Social Sciences, said that Hong Kong people in Shenzhen have now accounted for more than 20% of Shenzhen's commercial housing sales ratio, and now Shenzhen property prices than Hong Kong's similar prices are several times lower, it can be foreseen that this ratio will increase, Shenzhen property prices continue to reduce the space is not According to the recent approval of the State Council, "Shenzhen Comprehensive reform package", Shenzhen will work with Hong Kong to create a global logistics center, Trade Center, Innovation Center and the International Cultural and Creative Center, the Shenzhen Special Zone will be expanded.　　The Chief Secretary for Administration of the HKSAR Government, Mr Henry Tang, 2nd visited Shenzhen to comprehensively promote the close co-operation between the two places and to expedite the implementation of the various measures of the Hong Kong-Shenzhen city. Shenzhen Real Estate Research Center deputy director Wang Feng, said: "The current Shenzhen real estate market turnover is rising, is coming out of the adjustment period." With the continuous integration of the Hong Kong and Shenzhen economies, more residents will be attracted to Shenzhen to buy property. "The price rise in Shenzhen is starting from 2004.　　At that time, the average price of commercial housing in Shenzhen is more than 5,000 yuan per square meter, October 2007 Shenzhen New commercial housing sales average price reached a historical high of 17350 yuan/square meters, and then has been a downward trend. As the impact of the financial crisis deepened, in December 2008, the average price of new homes in Shenzhen fell to 10979 yuan/sq m, a decrease of 36.7%.　　At the beginning of this year, Shenzhen new commodity residential sales price has been in the consolidation of 11000-12000 yuan per square metre. With the government departments at all levels to launch stimulus measures, the property market policy effectivenessShould begin to appear.　　From April to May, Shenzhen Real estate market began to pick up obviously. 　　Shenzhen Real estate developers Zheng that, in June 2008, the Shenzhen Special Economic Zone, a tentative property at 8,000 yuan per square metre opened, sales of some of the commercial housing, the results of the day was snapped, developers had to price again, which seems to indicate that less than 10000 yuan/square meters of house prices have bottomed out.　　Shenzhen's housing prices affect the eyes of all parties, Shenzhen Real estate industry is really into the "Yangchun", saying different. "The current price in Shenzhen is inversely proportional to the income of working-class people, who cannot afford to buy a house." "Shenzhen million people housing group buy Platform founder Zou that the recent stock market for investors or white-collar high-tech class, the current trend does not reflect real estate supply and demand both sides of the situation. Shenzhen's real estate market after this round of "small spring", will be further adjusted.