www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

   

Buyers losing interest as prices stay high

By Zhou Yan and Jin Jing (China Daily)
Updated: 2008-04-03 07:37

Shanghai's real estate agents are keeping prices high despite talk of a property slowdown that's stifling homebuyer enthusiasm.

The central bank's first-quarter survey of residents in 50 Chinese cities shows that only 14.6 percent plan to buy homes in the next quarter, down 1.3 percent from last quarter and a 1.9 percent drop year-on-year.

Of the seven big cities surveyed, Shanghai saw the most distinct percentage fall in homebuyers for the next quarter, down to a record-low 4.3 percent.

But from a seller's perspective, there are signs the market could be about to warm up again.

According to the China Real Estate Index System, 5,260 commercial apartments were sold in Shanghai from Mar 17 to 23, up 14.37 percent on the previous week, and the sixth consecutive weekly rise.

"Property prices in Shanghai have shown signs of recovery this month, as huge demand still exists in the city," Zhang Qi, an analyst at the China Real Estate Index System, said.

There were also positive signs for the market at the four-day Shanghai Spring Real Estate Expo, an indicator of property prices for the whole year. The expo was held last month at the Shanghai Exhibition Center.

Despite sales shrinking 33 percent at the expo from 2007, real estate developers showed no intention of cutting prices, expo organizer Vnuexhibitions said.

"The average price of Cedar Island rose nearly 20 percent from 2007 to around 10,500 yuan per sq m," Jin Ping, a sales representative at the expo, said.

Cedar Island, a series of luxury apartments located 3.5 km away from Shanghai's outer circle Xinzhuang, went on sale on Mar 20. "We don't plan to offer any discounts," Jin said.

Discounts and other promotional offers are rare at the expo, but this year some small price cuts were offered.

Ludao Yangguang Yuan, a villa group located on Chongming Island, on Shanghai's outskirts, was offered for a 5 percent discount when buyers paid the amount in full. "We're trying to find more buyers with this promotion, but it hasn't had much of an effect on sales," Liang Yan, a sales representative, said.

"The average price was 11,000 yuan per sq m, an increase of roughly 38 percent from 2007," Liang said.

"The residential market has stayed subdued, with buyers putting off buying properties until the cold snap passes and they have a clearer picture of where the market is going in 2008," James Macdonald, senior manager of Savills China Research, said.

Shanghai property prices were stable in February from January and up 9.8 percent from 2007, the National Development and Reform Commission said.

But homeowners trying to offload property on the pre-owned market are mixed about its direction this year.

Around 38.46 percent of homeowners surveyed by Midland Realty (Shanghai) recently said prices would remain stable, while 27.62 percent expect them to rise and 25.17 percent think they will fall.

If discounts are offered in the pre-owned market, they are likely to be small. Only 5.6 percent of homeowners said they would lower prices by over 5 percent, while 76.68 percent of sellers said they would reduce prices by only 3 percent or less.

But with the rentals market picking up, many homeowners are choosing to rent out their apartments rather than sell them. Around 62.59 percent of homeowners said they would consider renting their apartments if they don't sell in a certain period.

"Renting their apartments out will also give homeowners more time to find satisfactory buyers and allow them to wait for a higher price," Feng Hongrui, general manager of Midland Realty, said.



Top China News  
Today's Top News  
Most Commented/Read Stories in 48 Hours
主站蜘蛛池模板: 亚洲欧美自拍偷拍 | 九九久久免费视频 | 4四虎44虎www在线影院麻豆 | 在线免费观看毛片网站 | 永久网站色视频在线观看免费 | 亚洲欧美视频一区二区 | 国产成人精品免费视频网页大全 | 久久久久久综合成人精品 | 国产男女交性视频播放免费bd | 怡红院成人永久免费看 | 香蕉视频在线观看黄 | bt天堂国产亚洲欧美在线 | 国产精品a人片在线观看 | 欧美日本一区视频免费 | 亚洲精品成人久久久影院 | 国产一区二区三区不卡在线观看 | 成人在线毛片 | 国产中文字幕在线播放 | 悟空影视大全免费影视 | 一级做a爱过程免费视频麻豆 | 亚州在线播放 | 国内国产真实露脸对白 | 欧美aaaaaaaaa| 国产麻豆入在线观看 | 精品国产免费久久久久久 | 成人免费夜片在线观看 | 乱人伦中文字幕视频 | 亚洲精品国产专区91在线 | 黄色毛片免费在线观看 | 超清波多野结衣精品一区 | 午夜精品成人毛片 | 国产一区二区亚洲精品 | 玖玖精品视频在线 | 一级做a爰全过程免费视频毛片 | 偷柏自拍亚洲欧美综合在线图 | 亚洲欧美日本人成在线观看 | 一区二区三区影视 | 久久r视频 | 久久久亚洲天堂 | 2021国产精品自拍 | 欧美另类孕交 |