With the Bohai Rim Economic Zone being incorporated into the overall national development strategy, as the roof of China's world economy, the Bohai Rim Economic Zone will undoubtedly enter a historical period of rapid development. In the context of the upcoming 2008 Olympic Games and the accelerated development of Tianjin Binhai New Area, housing prices in Beijing, Tianjin and other cities have been consolidating at a high level during the property market adjustment period in the past six months. Once the market picks up, there is still room for growth in the real estate market of cities around the Bohai Sea represented by Beijing and Tianjin.
On the one hand, the real estate purchase demand of foreign investors in Binhai New Area is on the rise, and there is still a lot of room for its development and investment potential; On the other hand, the land price in Binhai New Area is much cheaper than that in the urban area, and the product price will have certain advantages.
Since Tianjin Binhai New Area was listed as a comprehensive reform pilot zone by the State Council, a series of preferential policies have benefited Binhai New Area, followed by the inclination of three major industries: science and technology, environmental protection, finance and real estate. Many well-known enterprises at home and abroad have settled in Binhai New Area, bringing more manpower, material resources and financial resources.
Obviously, in the past two or three years, many state-level developers have discovered the potential of Binhai New Area, and they have taken land for development in Tianjin, and the land price and house price have also risen accordingly.
More investors have found that Binhai New Area has given Tianjin higher investment value, and within Tianjin, Binhai New Area has the greatest appreciation potential.
Policies promote development.
On March 17, 2008, Tianjin Binhai New Area Comprehensive Supporting Reform Experimental Scheme was officially approved by the State Council. This policy, which is called "the most valuable policy" by relevant government officials, includes 10 key reform experiments such as financial reform experiment, land management system, foreign-related economic system reform, rural system reform and circular economy experiment.
Referring to the growth path of Pudong New Area in Shanghai in the 1990s, we can see that the land resources in Pudong New Area are constantly appreciating with the sustained and rapid economic development under the impetus of national support policies. After the approval of the Overall Plan of Comprehensive Supporting Reform Experiment in Binhai New Area, the land resources in the new area will face a historical opportunity of long-term appreciation.
Recently, Tianjin housing construction plan in 2009 also showed that according to the needs of the overall urban planning, Tianjin housing construction will give priority to the development of Binhai New Area. In 2009, Binhai New Area arranged residential construction10.69 million square meters, accounting for 27% of the total residential construction area of the city, up 2 percentage points from 2008.
Liu Yulu, Ph.D. in Economics, Nankai University, believes that with the country's policy opening to Binhai New Area, Binhai has gradually become an economic hotspot in China, and many foreign developers will pay close attention to areas with policy resources. This is also the main reason for the obvious increase of foreign developers in Binhai New Area in the past two years.
Since 2007, a large number of domestic and foreign investment funds have begun to invest in Binhai, most of which are invested in real estate and related industries. Domestic well-known brand development enterprises began to enter this area, and Vantone Real Estate took the lead in advancing into Binhai. In 2005-2006, Ke Rong Land, Hongze Real Estate and Keppel Group began to settle in Binhai, and then Vanke and Capital Curve entered Binhai New Area. Now, Jindi, > in 2007, the residential market in Binhai New Area is eye-catching, showing the characteristics of rising volume and price. Relying on industrial advantages, the development zone has become a relatively concentrated area of high-end residential buildings in Binhai New Area. In 2007, the transaction price has reached nearly 8,000 yuan/square meter, reaching the level of the central city, and Tanggu District has become the core area of the residential market, accounting for 59% of the whole area, which is in line with the status of the city's sub-core area.
Take high-end projects as an example, such as Banjingwan and Wantong New City International. The first sales of both projects are completed within one to two months as soon as they enter the sales stage, which means that the supply launched in the current period is completely digested by the market within one to two months. The average price of these two projects at that time exceeded the sales price of most high-grade residential buildings in Tianjin, but they still achieved good market performance.
An important reason why high-end projects continue to sell well is that foreign purchases and investment purchases account for more than 50% of the total purchases. At the same time, the future development prospect of Tianjin Binhai New Area is favored by many investors, which is also the biggest support for the coastal property market to rise again. Future City, a high-end project, has also created a performance of selling more than 200 sets a month. The buyers are mainly middle-end investors in Tanggu and Development Zone.
In addition to investment demand, the demand for self-occupation will also increase substantially. According to the census data of June, 2005, 5438+065438+ 10, the permanent population of Tanggu and Development Zone is 709,000, of which the actual permanent population of Tanghan District 3 is1328,200. The 11th Five-Year Plan of Binhai New Area predicts that the population size of Binhai New Area will increase to 6.5438+08 million and 3 million in 2065.438+00 and 2020 respectively. That is to say, by 20 10, the population will increase by about 500,000, and by 2020, the population will increase by about 1.7 million. Population growth will directly stimulate market demand.
Despite all kinds of favorable factors, some experts believe that the current price and supply of real estate in Binhai New Area have exceeded the normal range supported by economic development, municipal construction and population introduction. The boom of the real estate market depends on investment to a certain extent, and there has been a certain bubble risk. At the same time, because regional development is a long-term process, there will inevitably be fluctuations, and the reaction of investors and speculators in the market game is unpredictable, and its chain reaction may add variables to the future development of the real estate market in Binhai New Area.
Transaction situation of commercial housing market in Binhai New Area
Source: Zongheng Real Estate.
Binhai New Area in June
Average price of trading area for trading quantity.
June 2008 65438+1October 809 88098.3 6 106
February 2008 424 45967+0 628
Increase -48% -48% 2%
Recommended reason:
With the development of Binhai New Area, the value of Binhai New Area itself is recognized by more and more people, and more and more people choose to invest in real estate in this area. Binhai New Area will grow into the fourth pole of future economic growth, and usher in a strong growth period of real estate.
Institutional point of view:
In recent years, house prices in Tanggu have risen rapidly. However, as the real estate development in Tanggu District is still in its infancy, large-scale real estate investment has just started, and relatively little supply and strong demand have formed the overall market trend of Binhai New Area. (Tianjin Zhongyuan Real Estate Agency)
House price trend:
From 2006 to 2007, the cumulative increase of this sector exceeded 100%.