What are the most valuable and best investment cities for China real estate in the future?

A developer with more than 20 years of real estate development experience in Shanghai firmly expressed people's trust in Shanghai.

Xin: "If we believe that China will eventually develop into the largest economy in the world, then Shanghai will keep pace with other cities."

International metropolises, such as London, Paris, new york and Tokyo. Another investor also said, "Shanghai is my favorite.

City of love. The market here is quite large and more attractive to foreign investors.

The developer also mentioned that "in the next three years, the development opportunities in Shanghai's core areas will be further reduced. raise

It often appears in Pudong, such as Lingang, Fengxian and Jinshan in the south of Pudong; Will appear in Anting, the car center in China,

Especially electric vehicles; It will also appear in Zhangjiang and caohejing high-tech industrial parks. North Bund (Hongkou District) will

It will form a financial circle with Lujiazui, and it is more convenient to cross the Huangpu River (to the North Bund) from Lujiazui, which

An area will become an extension of Lujiazui. "The land stock in Lujiazui Financial Zone along the Huangpu River is very limited and basic.

There is no land available for development in the world. The North Bund is connected with Lujiazui through two tunnels, and office buildings have been built in recent years.

There are more and more projects.

In the report of 20 14, we noticed a concern of some interviewees: non-core areas such as Hongqiao.

The influence of the huge stock of newly developed office projects in transportation hubs and other places on the rent and occupancy rate of existing office buildings in the core area.

In the past year, office rents and occupancy rates were relatively stable, because the actual number of projects entering the market were in non-core areas.

The quantity is limited. Most projects in non-core areas started nearly two or three years ago and are still under construction. But,

In the next few months or even years, a large number of new projects will enter the market, and the supply will be very considerable.

A developer who owns a large number of office buildings in both core and non-core areas thinks: "The situation in the core area should be:"

Yes, the non-core area is stressful, because most new office buildings are in the non-core area. "Non-core area

The total supply in this field is very clear-although some projects may be delayed-but in the future,

The market demand is not clear. The performance of the office market in non-core areas depends largely on the next few years.

How much demand can be found in. The favorable factors include the opening of the first phase of the project, which is located near Hongqiao transportation hub.

A large convention and exhibition center with a total construction area of about 6.5438+0.47 million square meters; There are also high-speed railway station and Shanghai Hongqiao countries which are maturing day by day.

International airports are connected, making this area the most convenient area leading to the Yangtze River Delta region and major gateway cities in Northeast Asia.

Another developer believes that Hongqiao transportation hub "is expected to become the CBD (Central Business District) in the Yangtze River Delta region"

Shenzhen

Last year, Shenzhen's ranking rose mainly because the central government decided to make Qianhai a special economic zone.

And give many preferential policies.

The vacancy rate of Shenzhen office market has experienced a great decline-from 7.5% in the first quarter of 20 14.

It dropped to 4.6% in the first quarter of 20 15. Among all the first-tier cities, Shenzhen's office market performs best. one

A research analyst said that in the next few years, the annual new office space will reach 654.38+0.8 million to 2 million square meters.

Compared with the new supply level of 500,000 square meters per year in recent years, it has greatly increased. The new area mainly comes from Futian District and Nanshan.

Houhai and Qianhai districts. However, due to strong demand, he believes that the rent will not be reduced. One investor predicted that,

Shenzhen will soon surpass Guangzhou and become the largest office market in Guangdong Province.

Shenzhen's housing market is relatively stable, with the price index rising by 0.7% year-on-year, making it the only first-tier city with growth.

An interviewee said that compared with the plain terrain in Beijing and Shanghai, the mountainous terrain in Shenzhen limits the land that can be developed.

The supply of. From April 2065438 to April 2005, the supply of new houses in Shenzhen decreased by 1 1% compared with the same period of last year, and it is also the only first-tier city with declining supply.

City. As a result, the inventory digestion cycle of new residential buildings in Shenzhen is the lowest in first-tier cities-only 8.2 months.

The possibility of a shortage of new houses. A survey analyst said that in the past year, the old residential areas in Shenzhen reopened.

The slow pace of development will also affect the supply of new houses in the future, especially in the core areas.

Shenzhen's retail property and office market benefited from the historically low investment level. Government statistics show that,

20 10-20 13, Shenzhen ranks 2 1 for investment in office buildings and retail properties, and Nanjing ranks 20th.

And Harbin (No.22).

Another advantage of Shenzhen is that it has the largest immigrant population base among all cities in Chinese mainland.

It is particularly beneficial to the residential market. Compared with Beijing, Shanghai and Guangzhou, Shenzhen has the highest proportion of immigrants. 20 12,

The resident population in Shenzhen is close to106,000, of which 7.7 million are migrants, accounting for 73%. grow

The proportion of immigrants to the sea is 40%; 37% in Beijing; Guangzhou is 35%. Unlike other first-tier cities, Shenzhen

The local population of Shenzhen is very limited. Before 1980, the central government declared this area a special economic zone, Shenzhen was just a place.

A small fishing village with a small population Shenzhen is the birthplace of private equity industry and IT industry in China.

Division was born here. The city has gathered a large number of entrepreneurs and skilled workers in high-tech industries, who all benefit from it.

The rapidly developing information industry. Shenzhen borders Hong Kong, and Hong Kong's housing prices are among the highest in the world. Shenzhen and Hong Kong are not.

Interruption and integration will contribute to the development of Shenzhen housing market.

Baidu launched a page tour in the Stone Age, taking you back to your childhood. You haven't played Beyond the Stone Age! ! ! A fatal blow! A fatal blow! I thought this game was a big move, but it turned out to be the name of Meng Chong.

Beijing

Many interviewees have profound views on Beijing, especially on the city's livability and city regulations.

Row. One of the developers said: "Beijing is not suitable for living. Traffic planning is terrible. Beijing is different from Shanghai.

The regional market is not active. Another developer said, "The problem now is overcrowding and traffic jams." This year,

Beijing's urban livability score is still close to the bottom-ranking 3 1.

Despite the poor living environment, Beijing is still one of the two markets that institutional investors think must be visited. Beijing

A real estate developer explained: "The impact of urban livability on the real estate market is not as great as people think.

The real estate market is still driven by employment opportunities. "

The best-performing property type in Beijing this year is still office buildings. Since last year, the average monthly rent of office buildings has been guaranteed.

From 2065438 to April 2005, the average monthly rent of office buildings was 382 yuan/square meter, 40% higher than that of Shanghai.

In April of 20 15, the vacancy rate of office buildings in Beijing remained at a low level of 5.4%, especially in first-tier cities and big cities.

The lowest in second-tier cities. The demand mainly comes from the IT industry. A developer who owns an office project in Beijing said,

Recently, most of the tenants of her company's newly-built office buildings in Wangjing area are companies engaged in the IT industry. She also

He added that eight of the top ten IT companies in Chinese mainland are headquartered in Beijing.

The strong demand in the office market and the relatively weak retail property market have led to the transformation of more and more shopping centers into

Office building. A research analyst in Beijing said: "In Beijing, the example of transforming retail properties into office buildings is better than

Bijun is. "It is possible that the trend of transforming retail shopping centers into office buildings is more obvious in Zhongguancun.

The area around the campuses of Peking University and Tsinghua University is called "Silicon Valley of China". Many buildings used to wholesale electronic products are being abandoned.

Transform into an office building.

By 20 17, the planned area of Grade A office buildings in Beijing Central Business District will reach 2.5 million square meters.

An analyst revealed. However, he does not think that these new fields will have a substantial impact on the market, not only because

Including a higher proportion of self-use, and the completion time may be delayed, plus developers and many top financial institutions.

The financial situation is very good. He also said that the high office rents in Beijing's Central Business District and Financial Street are driving more and more.

Many tenants choose to settle in non-core areas, such as Fengtai and Lize business districts.

Guangzhou

Among the first-tier cities, several interviewees think that Guangzhou's urban level should be lower than the other three cities.

An investor who invests in real estate in Guangzhou said: "Even if we invest in Guangzhou, I am not very happy.

Enjoy the city. Guangzhou's positioning is very embarrassing. Guangzhou has never received any support from the government, but now this situation exists.

Get better. Another investor thinks that the retail property they invested in Guangzhou is not performing well. In the past few years,

The increase in project rent is limited.

Another investor's view is more optimistic. He believes: "The economic development of Guangzhou and Wuhan is very strong, and

The land price is relatively low and the location is good. Real estate there is more attractive. These two cities are more innovative,

However, the risk of project implementation is also relatively high. Some IT companies also choose to set their headquarters there. "Respondents are particularly strong.

Pazhou in the south of Zhujiang New Town will be transferred, and the government will promote the development of IT industry there.

The office rent in Guangzhou remained basically stable, with the average monthly rent in the first quarter of 20 15 being 163 yuan/flat.

Square meters, only equivalent to 42% of Beijing or 60% of Shanghai. 20 15 the vacancy rate of office buildings in the first quarter was 6.7%.

The developer of an urban development project near Guangzhou said: "Guangzhou is optimizing its economic structure and moving.

Some low-end manufacturing enterprises have emerged. He also praised the city's urban planning and thought that the road system was well designed.

A Guangzhou research analyst is optimistic about the long-term performance of the Guangzhou office market. He thinks Pearl River New Town is mature,

The occupancy rate of many projects is close to 100%. In addition, he also mentioned the development speed of the nearby Guangzhou International Financial City.

Previous expectations were slow.

In the completed retail business district, the retail property market remained basically stable. However, a research analyst believes that

Due to the competition from online retailers, there are street shops selling cheap electronic products and other consumer goods.

Slide down.

The housing market in Guangzhou is basically developing healthily. April 20 15, Guangzhou new residential inventory digestion cycle is as follows

1 1.6 months, a year-on-year increase of 23%.

Nanjing

In 20 13, Nanjing ranked ninth in terms of investment and development prospects, 1 1. Since then, the city has climbed all the way.

Jumping to the fifth place has a tendency to sit still. Nanjing's investment prospect score increased by 2.3% compared with last year, which also made it firmly in the first place.

The position of five; However, the development prospect score decreased slightly by 1.2%, which made its development prospect ranking drop from the fourth place to the first place.

Five people. Respondents believe that Nanjing's investment prospects are "average", but its development prospects are "good".

Jiangsu Province is one of the richest provinces in Chinese mainland. As the capital city of Jiangsu Province, Nanjing has undoubtedly jumped.

It is one of the four economically strong cities in the Yangtze River Delta region, and the other three cities are Shanghai, Hangzhou and Suzhou.

This year, many interviewees generally have a positive attitude towards Nanjing. A developer familiar with Nanjing thinks: "Choose a city.

The key criteria of a city are the number of universities and college students, and the investment in emerging industries. Nanjing, Xi 'an,

Wuhan and Chengdu are both cities with this advantage. He also said that Nanjing plans to start development in the second half of 20 15.

Jiangbei New District-a development zone similar to Lujiazui.

Another developer thinks: "Nanjing has a good urban texture and is expected to become a very promising city."

In the history of China, many dynasties chose Nanjing as their capital. Nanjing has performed well in recent years and is also promoting the people.

Commercial economic development. In addition, the government is also trying to improve the environmental quality. Nanjing has the potential to become the fifth first-tier city.

Moreover, Nanjing's urban planning is well done, and the government's thinking is relatively open. "

When it comes to Nanjing, many interviewees will compare Nanjing with Suzhou, a competitor adjacent to Shanghai. Suzhou is very early.

Started to develop economy, until now, Nanjing still lags behind Suzhou in IT and high value-added manufacturing. But the south

Beijing has a stronger foundation of higher education, while Suzhou lacks famous universities. Nanjing, as the capital city of Jiangsu Province,

And located in the middle of Jiangsu province, these two factors are considered to be favorable factors for investing in Nanjing office market. Army general command

Or companies with regional offices in Shanghai usually prefer to set up their offices in Nanjing rather than Suzhou.

A developer familiar with Nanjing is more cautious about the office market in Nanjing. He said in the south

The scale of renting office buildings in Beijing by multinational companies or domestic companies is often much smaller than that of companies that have settled in Shanghai.

The total area is generally 500- 1000 square meters. A research analyst believes that the office market in Nanjing is dominated by bulk sales.

Because.

Nanjing has also benefited a lot from the Beijing-Shanghai high-speed railway. The digestion cycle of new residential inventory in this city is only 8.5 months, but actually it is only 8.5 months.

In the city with the shortest digestive cycle.

Hangzhou

In 20 15, the respondents' scores on Hangzhou's investment prospects increased by 6.3%, while their scores on its development prospects slightly increased by 0.5%.

In the ranking of investment prospects, Hangzhou has firmly established the position of 10; On the list of development prospects, Hangzhou ranks with 1 1.

Bit rose to 10. Hangzhou's investment and development prospects were rated as "average".

Many interviewees believe that people have lost their enthusiasm for Hangzhou because the market here fluctuates greatly.

However, because Zhejiang is one of the richest provinces in China, as the capital city of Zhejiang Province, many people think that Hangzhou's.

The real estate market will benefit greatly from the strong economic growth.

Concerns about the oversupply of new houses seem to have eased. The digestion cycle of new residential inventory decreased by 34% year-on-year to

/kloc-in March, the stock of new residential buildings increased by 9% year-on-year. A residential developer with two projects in Hangzhou said that today,

Influenced by the central government's credit easing policy in 2000, the housing price in Hangzhou increased slowly, but the sales volume increased.

Climb up. Although the Hangzhou government drastically reduced the amount of land sold last year due to limited demand, he saw development.

The cash situation of businessmen has improved, so they have renewed their interest in land acquisition.

A developer with a project in Hangzhou said, "Our project is in the suburb of Hangzhou. The core regional growth of Hangzhou

Limited, future growth will occur in the suburbs. An investor who invests in commercial real estate in Hangzhou said: "Hangzhou's

The office market is not as good as Guangzhou. Qianjiang New City is still in the early stage of development, and the actual demand for Grade A office buildings is low.

In the next 5- 10 years, the rent will go up. "

A research analyst pointed out that in order to increase the occupancy rate, the owners of office buildings in Qianjiang New Town demanded relatively high rents.

Low, in order to attract office tenants in the core area.