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Viewpoint: How long can South China Great Wuhan Jiazhuang Plaza last?
Nanguo Wuhan Decoration Plaza is located at No.201Jiefang Avenue in Hankou, Wuhan, at the northwest corner of the intersection of Jianyi Road and Jiefang Avenue. The total area of the project is close to 1.6 million square meters, and the total construction area exceeds 4 1.0 million square meters. It is a complex real estate project integrating professional market, large supermarket, department store, catering, entertainment, hotel leisure and writing apartment. At present, the commercial real estate in the early stage of the project has been put into use, and Block C under construction in the near future will also be officially opened in the second half of this year. According to observation, the success of the early project of Wuhan Southern Decoration Plaza is closely related to the positioning of the project and the ability to attract investment. Brand products operated in Pan-Han Xi building materials market are basically included in the cooperation scope of Nanguo Wuhan Home Decoration Plaza. The successful entry of a large number of building materials brands finally makes Nanguo Wuhan Home Decoration Plaza have certain core competitiveness in operation. Secondly, it occupies a certain market advantage in lots and pays more attention to precise promotion in marketing. At present, Block C, which is under intensive construction, should be the masterpiece of Wuhan Jiazhuang Plaza in South China. Wal-Mart, B&Q, KFC, Pizza Hut, Watsons, Industry and Trade, Home Appliances and other hypermarkets will be stationed one after another. These world-class brand stores will not only bring huge advertising effect to the South China Great Wuhan Decoration Plaza, but also greatly enhance the property value of the South China Great Wuhan Decoration Plaza and create the largest value-added space for the later writing apartment project of the South China Great Wuhan Decoration Plaza. However, judging from the long-term market development trend in Qiaokou District, the bull market development space of Wuhan South China Decoration Plaza will still encounter certain bottlenecks one after another. A medium-term factor is the construction of Wangjiadun CBD in the northeast corner of Jiazhuang Square in Wuhan, southern China. Another medium-term factor is that IKEA will invest in Toutouwan in the northwest corner of Gutian. Another recent factor is that Jinsheng International Home Plaza and Huazhong Building Materials Home Purchasing Center are about to open, and some large commercial real estate are about to open. If it weren't for the reason of Han Xi building materials market, the location of Jiezhuang Square in Wuhan, South China would not be particularly good. Generally speaking, it is neither a traditional commercial bustling area nor a traffic fortress in Hankou, and there are no heavyweight investment projects. Moreover, in terms of non-building materials business, Wuhan Decoration Plaza in South China is not too far away from Baofeng Business Circle and Wu Guang Business Circle. It must have taken considerable efforts to win the favor of some international business giants in daily life. Of course, the southern Wuhan Jiazhuang Square has a good grasp of the opportunity and occupied a favorable position on the eve of the rapid development of Qiaokou District. It is really a trick to eat all over the world first, exchange time for space, and then use space to earn traffic. At this point, South China Real Estate does have a set of commercial real estate operations. However, in the future, whether the South China Grand Wuhan Jiazhuang Plaza will encounter bottlenecks as scheduled needs to be properly verified by objective facts in the future. From another point of view, the real estate market in Wuhan, which is already in trouble, should also have a series of chain reactions to building materials and home furnishing. This is a practical problem worthy of special attention in the decoration square in Wuhan, South China, and it is also the latest subject that should be seriously studied and treated. According to the current speculation, the adjustment cycle that is taking place in Wuhan real estate market may reach at least two years.
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