What types of long-term rental apartments are there in Shenzhen?

Long-term rental apartments are familiar to everyone. Different from the previous two-landlord operation mode, long-term rental apartments are very different from traditional house leasing in terms of living quality and service. In recent years, as a new industry in the third-tier real estate market, long-term rental apartments have developed rapidly under the dual stimulation of national policies and market demand, especially in first-tier cities like Shenzhen, where more and more enterprises and individuals have joined in. How to classify such a large number of long-term rental apartments?

Long-term rental apartments can not only meet the rental needs of migrants to a great extent, but also serve as a last resort for inventory in the market. Long-term rental apartments are generally transformed from hotels, factories or office buildings, so as to revitalize assets, increase income and meet the rental needs of the market.

Long-term rental apartments are mainly divided into centralized and decentralized according to the distribution of housing. Among them, centralized long-term rental apartments are mainly rented after the transformation of the whole property, while decentralized houses are transformed from decentralized houses.

The biggest advantage of decentralized long-term rental apartment is that the acquisition cost of single suite source is lower, and it does not need to invest more money compared with centralized one. This asset-light business model is more suitable for entrepreneurs with insufficient funds. However, decentralized long-term rental apartments will encounter many obstacles on the road of large-scale development. First of all, its management radius is an insurmountable hurdle. Decentralized long-term rental apartments are more suitable for small and beautiful business methods, locking in a small area, operating dozens of suites, and doing the most basic management and services.

Compared with decentralized long-term rental apartments, centralized long-term rental apartments have a longer lease period and are centralized and easy to manage. Most enterprises will choose to make a fuss about centralized operation space, and the gathering of tenants will have a spatial agglomeration effect, and there will be more room for the development of value-added services. However, centralized long-term rental apartments are not as flexible as decentralized ones, and the selectivity of the whole property for rental is relatively small. If you buy or own a property, the initial investment will be relatively large.

In terms of policy support, Shenzhen encourages the former rural collective economic organizations to carry out large-scale housing leasing business. The market space of centralized apartments is huge. With the participation of more and more apartment operators, long-term rental apartments are likely to gradually cover villages in the city in the future.

At present, the long-term rental apartment market in China is still in its infancy, and large-scale expansion is a top priority for many enterprises. Good market prospects and huge market potential make long-term rental apartments the next outlet of the real estate market.