Guangzhou had stopped approving new apartments and other residential projects, but apartments and other residential projects that had been sold and passed the planning approval could continue to go through the follow-up approval procedures according to the original regulations, so this part of the stock apartments could be purchased. When purchasing, one had to consider a variety of factors such as price, location, and supporting facilities. For example, some apartments were close to the subway and schools, and the green rate was high. The price of different apartments, areas, and orientation was quite different, and the supporting facilities of different projects, such as whether there was a dining hall for the elderly and community service stations, were different.
Buying an apartment or a house in Guangzhou had its pros and cons. From the perspective of settling down and enrollment, residential houses had obvious advantages over apartments. Apartments could not settle down or enroll in schools. In terms of market supply, Guangzhou apartment inventory is relatively high, even if it is no longer newly built, it is enough to meet the demand for nearly three years. There are also a large number of products in the second-hand market, so there will be no shortage of supply in the short and medium term; and the supply of residential houses does not clearly indicate oversupply. From the appreciation potential comparison, such as the comparison of apartments and residences in Zhujiang New Town, the current second-hand houses in Zhujiang New Town were about 100,000 yuan, while the apartments were only about 50,000 - 60,000 yuan. Nancun Wanbo, Panyu Jiangbei, and Sihai City Phase I in 2014 were about 18,000 - 22,000 yuan. At present, the second-hand houses were selling for 26,000 yuan, including tax. It could be seen that the appreciation potential of the houses was greater. In terms of living experience, some Guangzhou apartments, such as Pazhou 105 square meters two-bedroom flat-floor mansion, 3.5 meters high, the kitchen is sealed with open fire, living as comfortable as a residence; There are also 76 square meters two-bedroom one-living room gas with property rights and 30 square meters of super large terrace, living experience is also good, but this is only part of the apartment situation. From the perspective of apartment sales, apartments of 30 - 50 square meters were the best to sell, accounting for more than 40% in the past five years, followed by apartments of 50 - 80 square meters, accounting for more than 30%. There was no clear comparison in this aspect. On the whole, if there was a need to settle down in school and value the potential for appreciation, a residential apartment was more suitable. If it was only based on the better living experience of some apartments and there was no requirement for settling down in school, an apartment could also be considered.
Buying a single apartment in Guangzhou had its advantages and factors to consider. From a positive perspective, it was reliable for some people. For example, buying a single apartment could avoid the problems of being driven away by the landlord and raising the price at will when renting a house. It could allow the residents to decorate their homes according to their preferences without worrying about being forced to move because of the landlord's request. It could also help improve the quality of life. Some single apartments were in better locations, such as the apartments in the center of Tianhe City. There was a large shopping mall downstairs, and there were educational and medical facilities nearby, such as Tsinghua University Affiliated Bay Area Middle School and Sun Yat-sen University Affiliated Sixth Hospital. Some of them were close to natural landscapes such as Ma On Shan, which could create a more comfortable and convenient living environment. However, there were also some factors that needed to be carefully considered. In terms of price, the total price and monthly payment may cause some economic pressure on the buyer. For example, the total price of a 40-square-meter single apartment reached 1.56 million yuan. Although there were also cases where the down payment was 80,000 yuan and the monthly payment was 2000 yuan, it still needed to be measured according to the individual's economic strength. Moreover, single apartments were usually small in size, and there might be challenges in space utilization. For example, the bathroom might be relatively small. Therefore, the reliability of buying a single apartment in Guangzhou depended on a person's economic situation, living needs, and future planning.
At present, there were many situations in Guangzhou where apartments were being sold. In terms of regions, there were apartments for sale in areas such as Tianhe District Smart City and Huangpu District Science City. There were also apartments for sale near Panyu Guangzhou Football Park, including flat apartments of 25 to 92 square meters and loft apartments of 45 to 95 square meters. In terms of market conditions, the inventory of apartments in Guangzhou had reached 28155 units before, and the dematerialization cycle lasted for 31 months. However, since February 2024, the transactions of first-hand apartments continued to warm up, and the inventory gradually decreased. Different types of customers have different needs in apartment sales projects, such as self-occupied buyers with limited budget.(Most of them are young people who use apartments as a transition), investment customers (but currently, investment customers are significantly reduced due to various factors, such as the economic environment favoring bank financial products, low rental returns, difficult to transfer second-hand apartments, high taxes, low premium, etc.), big customers (optimistic about the development of the sector, buying multiple units at once or even the entire floor for personal use or rental) and other situations will affect the sales of apartments for sale. Moreover, although there was news that Guangzhou had stopped approving new apartments, the documents related to the news were internal documents and were still under further communication and research. However, many apartment projects for sale had already put up posters related to "scarcity".
Judging from the long-term price with a 10-year cycle, the average price of first-hand apartments in Guangzhou by the end of 2023 was 32015 yuan/square meter, with a price increase of 115% in 10 years. In addition, from the perspective of some specific houses, the prices of different types of apartments in Junli International Apartment varied. For example, a 41-square-meter apartment was worth 900,000 yuan.(21951 yuan/square meter), 1.1 million yuan (26829 yuan/square meter), 1 million yuan (24390 yuan/square meter) and other different prices; Poly Tianyue (Mo apartment) has different prices for different areas, such as 120.58 square meters for 8 million yuan (66345 yuan/square meter), 130.4 square meters for 6.3 million yuan (48312 yuan/square meter), 113.77 square meters for 7.5 million yuan (65922 yuan/square meter), etc.; Hejing Yushan International 73.94 square meters for 600,000 yuan (8114 yuan/square meter), etc. Different regions, different types of houses, different ages, different supporting facilities and other factors will make the housing prices of apartments in Guangzhou vary greatly.
In 2023, the average transaction price of first-hand apartments in Guangzhou was 32015 yuan/square meter. From the perspective of some specific houses, the price difference is quite large. For example, the 41-square-meter house of Junli International Apartment ranges from 21951 yuan/square meter to 26829 yuan/square meter; The 73.94-square-meter house of Hejing Yushan International is 8114 yuan/square meter; The price of apartments of different sizes of Poly Tianyue varies from 44117 yuan/square meter to 66345 yuan/square meter; The 59.71-square-meter house of Huadu Kaixuan International is 9713 yuan/square meter. There were also apartments with a total price of 260,000 yuan and less than 380,000 yuan for sale.
The price of apartments in Guangzhou varies greatly due to factors such as region, real estate, area, and house type. For example, the price of a 41-square-meter apartment in Junli International Apartment ranged from 900,000 to 1.1 million yuan; a 36.82-square-meter apartment in Wanke Citygate was priced at 450,000 yuan; and the price of different apartments in Poly Tianyue ranged from 2 million to 8 million yuan. In 2023, the average transaction price of first-hand apartments in Guangzhou reached 32015 yuan/square meter. In general, the prices of apartments in Guangzhou ranged from hundreds of thousands to millions.
Guangzhou Tianhe Apartment has the following features: - ** In terms of price **, there were apartments with a down payment of 80,000 yuan and a monthly payment of more than 2000 yuan. There were also 60 condominiums with property rights that were sold at a starting price of 450,000 yuan each for 1 million yuan. There were also two-bedroom condominiums with a total price of 480,000 yuan and a down payment of 60,000 yuan. - ** Supporting Items ** - ** Education and Medical Care **: Around 500 meters away from some apartments, there are Tsinghua University Affiliated Bay Area Middle School (a 12-year university, the only one in Guangdong), the Sixth Affiliated Hospital of Sun Yat-sen University, and the Chinese Medicine Hospital of Guangzhou Medical University. - ** Life **: Some apartments are directly below a large shopping mall. The north side of the project has a natural oxygen bar in Ma 'anshan (about 600,000 square meters) covering an area of about 900 mu (about 600,000 square meters)(it will be built into the talent park of Tianhe Zhigu in the future). Some apartments have bright water and electricity, so the cost of living is low. Some apartments can be connected to open fire and natural gas, and have independent balconies. Some apartments have good lighting and the scenery of the mountain in the south and the lake in the north. - ** Transportation **: Some apartments are located in Tianhe Financial City, close to Tangdong No. 21 subway station; some apartments are directly below the subway station and only take 20 minutes to reach Zhujiang New Town; some apartments are surrounded by a complete transportation network and are located in convenient places. - ** Living advantages **: It can meet different living needs. For example, some apartments with 40 square meters of land area can be cleverly separated into two bedrooms and two living rooms. Although some apartments are small, they have balconies for drying clothes and sunbathing. They can enjoy the convenience of living in a bustling city, but also have a strong historical and cultural heritage. Some developers around the apartments have built a business district that is suitable for young people to live based on business, living and leisure. - ** Occupation Rate **: Some apartments have a high rate of occupation. They are hot items in the eyes of tenants and investors, attracting many young people to move in. The occupation rate of apartments in some areas is 100%.
As for the 20-square-meter apartment in Guangzhou, there was a 20-square-meter apartment in Guangzhou that had been renovated. There was also a 20-square-meter apartment that had a more reasonable layout and more efficient use of space. It turned out that the kitchen was crowded, the bathroom was uncomfortable to use and the storage was small, the sofa and TV in the living room were long and narrow, and the lighting was poor. After the renovation, the kitchen partition was removed to make cabinets along the wall to achieve various functions. The bathroom was made into a shower room, the stairs were changed to make the living room more spacious, the space at the bottom of the hammock was used to make a small dining room and a book bar, the sofa and TV were changed, and the stairs were moved to accommodate a larger sofa. A lot of storage space was also added, making the originally small 20-square-meter apartment more comfortable to live in.
There were a few commercial and residential apartment buildings to choose from in Guangzhou. The exact choice depends on your rental budget, space requirements, and location. The following are some references: 1. Tianhe District Yuancun Jiarun Linjiang Top Grade: 200 square meters rent 11000 yuan, 300 square meters rent 15000 yuan. 2. Hesheng Square Apartment near Ke Village, Haizhu District: 50 square meters rent 3,500 - 4,000 yuan, 100 square meters rent 5,500 - 6,000 yuan. 3. Zhonghai Flower Bay No. 1 near Hedong subway station in Liwan District: 47 square meters rent 3300-3800 yuan, 70 square meters rent 5300-6000 yuan. It is recommended that you first list the reference items and then choose in detail. I hope it will be helpful to you!
The price of Baiyun Wanzhou Plaza apartment is 19261 yuan/square meter; the monthly rent for the first year of the rental of the apartment is 5.53 yuan per square meter; Baiyun District Talent Apartment is located in Building D of Yuexiu·Tianyue Yunhu Community in the start-up area of Baiyun Lake Core Area, and the rental price is 34 yuan/square meter/month.