Former Zhabei District:
Zhabei District is located in the north of Shanghai. It borders Hongkou District and Baoshan District in the east, Putuo District and Baoshan District in the west, Huangpu District and Jing 'an District across Suzhou River in the south, and Baoshan District in the north. The whole territory is about 10 km long from north to south, with a total area of 29. 19 km2.
Former Jing 'an District:
Jing 'an District is located in the center of Shanghai with a total population of about 330,000. Jing 'an District is named after Jing 'an Temple, an ancient temple in China. It has a long history, beautiful urban environment and convenient information transportation. Modern commerce and trade in the area are developed, and Chinese and western cultures blend, which has always been the window of Shanghai Central Business District and foreign exchange.
With the merger of Jing 'an District and Zhabei District, how will the "New Jing 'an District" real estate market go? What is the impact on the property market? The industry interprets the residential market and the commercial market one by one.
1, housing market:
The original homestead in Jing 'an District is scarce and has been rarely supplied for many years. Even if there is an old city reconstruction project, it is still difficult. So the supply of new projects can't keep up with the pace of market demand. The development of the original residential market in Jing 'an District is limited, and the regional market is bound to go to the high end. Therefore, the label of the original residential market in Jing 'an District is the high-end property in the city center.
However, the quality of the original Zhabei district has not been upgraded to the middle and high end for many years. Until Fangxing "Wang Di", the regional land price climbed, and the house price also climbed. From the average price of 40,000 square meters before Wang Di to the average price of 60,000 this year, the quality of new projects has improved, but the overall impression of low regional quality has not been shaken off.
With the continuous improvement of regional facilities, the rise of land price and the convergence of the two markets after the merger, the house price of the original Zhabei may rise further because of the "merger" and further integrate with the original Jing' an District.
2. Commercial market:
From the original Jing 'an District, Jing 'an Temple, Nanjing West Road and changshou road have been formed. The business and office atmosphere in the area is relatively mature, but it is difficult to form a new business circle.
From the original Zhabei, there used to be Daning business circle and the city that never sleeps business circle, but the quality of the business circle was not as good as Jing 'an Temple and Jing 'an Nanjing West Road. Judging from the original Zhabei, there is still room for improvement in the business circle.
On this basis, give play to the effects of government policy support, the original Jing 'an experience teaching and the centralized development of the merged developers. At this point, the atmosphere of Daning business circle may be further enhanced, and the market value is further highlighted.
3. Land market:
After the merger, the original Jing 'an still has no land supply, but the original Zhabei still has land supply, and developers will continue to actively pay attention to this regional market. There will be frequent "land kings" in this area, and the phenomenon that land prices are in line with bread will appear repeatedly. At this point, the land price further pushes up the house price, and the market will have a price "bubble". Therefore, although the merger has short-term benefits, developers still need to be cautious in taking land, otherwise it is very likely to fall into market risks.
(The above answers were published on 20 15-09-08. Please refer to the current actual purchase policy. )
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