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 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.
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.
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!
An apartment with 70 years of property rights in Guangzhou. These apartments had some advantages, such as having 30 more years of property rights than ordinary commercial apartments. In terms of geographical location, there was a 70-year-old condominium in Panyu District with complete facilities. In terms of medical treatment, there are University Town Hospital of Provincial Hospital of Traditional Chinese Medicine, Provincial Maternity and Child Health Hospital, Guangdong Qifu Hospital, Provincial Worker's Hospital, Newly-built Hospital, Youxiang Health Community, etc.; In terms of commerce, within 10 kilometers, it covers large-scale commercial complex such as wanda plaza, gogo new world, Wanbo, Sam's Club, Haiyin Youyi City, Yijia, etc.; In terms of entertainment, it is close to Changlong Wild Animal Park, Qixing Gang Tea Garden, Guangzhou Haizhu National Marsh Park, Lingnan Impression Garden, Huangpu Ancient Port and other scenic spots; In terms of transportation, there were Xinzao subway station of Line 4, South China Science and Technology Station of Line 12, Banqiao Station of Line 7, Xinhua expressway, Guangzhou Ring expressway, Guangming expressway, and Nanshagang expressway. Jinguang East Tunnel was under construction (five minutes from University Town to Xinzao Town), and there were also rail transit such as Pazhou branch line of Guangdong-Guanshen intercity, Fo-Guan intercity, Guang-Buddha ring line intercity, etc. Moreover, many students from Jinan University and South China University of Technology (such as international students and graduate students from Jinan University, the tuition fee was at least 95,000 yuan) would choose to live in such apartments. In addition, there was a two-bedroom hardcover 70-year property apartment with a total price of 350,000 yuan in Panyu University Town (30% down payment). It was surrounded by the International Creation City. The flow of people was large and fixed. It was suitable for living and investment. It could be used for transition or rented to tourists.
According to the reference information, the cheapest apartment in Tianhe District of Guangzhou was not clearly pointed out, so it was impossible to answer accurately.
According to the reference materials, Baiyun District had an apartment with a price of 2.93 million yuan and an area of 91 square meters (Baiyun Green Center). According to this price, it was about 32,200 yuan per square meter. There was also Fuli Fuyun Mountain, which started at 56,000 yuan per square meter. In addition, Baiyun District had residential buildings with different price ranges. The most expensive residential area was priced at 130,000 yuan per square meter. The overall price difference was quite large. However, based on the available information, it was difficult to comprehensively and accurately summarize the overall situation of apartment prices in Baiyun District.
The price of apartments was related to the price of houses. From a cost perspective, some cost factors had similar effects on the prices of the two. For example, the increase in construction, raw materials, labor, finance, and management costs would drive up the prices of both. For example, the national residential construction price index in 2023 increased by nearly 3% compared to 2022 and 13% compared to 2020. This increase in costs would also be reflected in the construction of apartments and affect their prices. From the perspective of market demand and consumer psychology, the two also influenced each other. When the price of a house is too high, like in some parts of Australia, buyers will turn to buy a one-bedroom apartment because the house price is too high, causing the demand for one-bedroom apartments to increase sharply. Conversely, if the price of the apartment fluctuates, it may also affect consumers 'expectations of the price of the house and purchase decisions. From the perspective of price composition, the price of commercial residential buildings generally consists of residential construction price, survey and design fee, compensation fee for land acquisition and demolition, community utility fee, tax, and commercial residential management fee. As a type of residential building (such as residential apartments), the price composition factors are similar. Although there may be special expenses such as property management fees, the overall price is logically related. In addition, in the regional market, the overall land supply, policies and regulations would also affect the price of apartments and houses. For example, the 2024 Land Law might affect the price of new projects, which would affect both apartments and houses.
The price of a penthouse apartment varied greatly due to factors such as area, size, and real estate. In Guangzhou, there was a penthouse apartment in Panyu that cost 230,000 yuan, with an area of 60 square meters. A penthouse apartment in the suburbs near Tianhe cost 540,000 yuan. There were also 58-square-meter apartment buildings with two floors above and below 80 square meters, priced at 229,000 yuan, with a unit price of more than 3900 yuan. The penthouse apartments sold by Baoshi Impression had a building area of about 41 square meters, 43 square meters, 50 square meters, and 55 square meters, with an average price of 10,500 yuan per square meter. As for a 586.42 square meter 55-story penthouse apartment in Lingyun, the filing price was 106,183 yuan per square meter, and the total price was about 62,267,800 yuan.
The total price of apartments in different areas varied greatly. For example, Chuandi Lingshang Apartment at Shanghai Chuansha subway station and next to Orlando, with a total price of 1.85 million-3.6 million yuan; Li Cang has an existing apartment with a total price of 260,000 yuan; Shenye Midtown Apartment in Shen Zhen, according to different areas, the total price is between 4.76 million-6.06 million yuan; There are also hardcover apartments in the south of the city with a total price of 180,000 yuan, as well as single hardcover apartments in Shanghai's Blue Sea Modern Garden, which cost 1.88 million yuan.