"Asia's Tallest Apartment Building" in Shenzhen Sees Prices Drop 20,000 Yuan per SQM

These blowouts at the high end are headline grabbing due to the large price drops, but they aren't going to undo the real estate market.

深圳“楼王”暴跌2万/平 价格看齐十年二手房

Core Tip: known as "Asia's tallest apartment ", Shenzhen Futian" House King "Tokai International Apartment recently launched ten sets of special rooms, the price dropped to 70,000 from 49,000 each original highest level, a whole has fallen by 20,000.

21st Century Network real estate loans by banks to tighten influence, three or four months, Shenzhen, new home prices returning to loose. Today, the reporter learned from the agency, known as "Asia's tallest apartment", Shenzhen Futian "House King" Tokai International Apartments also launched more than 10 sets of special rooms, prices from 70,000 per square highest fell original 49000, whole fallen by 2 million and the adjusted average, has been with the neighboring 10-year-old mansion listing price line. Real estate speculators believe that commercial-type apartment price volatility higher than the average mansion, the current outlook for the property market policies difficult to understand, or become a price dive "leader."

"House King" leading down

"Donghai International Apartment new release 10 sets of special units (47,000 per square meter price after discount)," reporters yesterday received a Shenzhen real estate agency customers forwarded message, the message detailing ten sets of special rooms for the room number and the total price , each area are 250 levels. "The price decline than in 2013 Tokai International opened a lot of real estate known as 70000 was the price, some high floor, sea southeast to the unit, once asking price 100,000 per square meter." Real estate speculators who told reporters.

This morning, the reporter's identity in order to reach the East China Sea Kanlou International Apartments, an intermediary, launched ten sets of special rooms remaining 5F, 6F sets, which 6F total price of 12.5689 million yuan, equivalent price of about 50,400 / square, If it is a one-time payment, you can play 95 fold, discounted price of about 47000 / level. "Our sea view room, or the current floor, you can stay after the payment." An intermediary with reporters.

Subsequently, the agency also deals with the reporter visited the 187-208 square meter penthouse with decoration, the price of 58,000 per square meter, "such as price, than the surrounding 香榭里花园 years old duplex should be cheaper, you might consider the hunters. "intermediary repeatedly emphasized.

Shennan Road East International Apartment is located on the north side, adjacent to the China Merchants BankBuilding, is a large complex projects supporting East International Center of the total high-end apartments, the complex area of ​​500,000 square meters, in addition to the international high-end apartments, also includes two have been completed and occupied Grade A office space, one has opened five star Langham Hotel.

The East China Sea is international reputation in Shenzhen, which is located in the top 80 from the floor in the "House King", which registered a gross floor area of ​​870.99 square meters, the record price of 290,000 / flat, total reach 253 million in 2013 when just opened , a price of fame. But the opening six months, but prices gradually lower, with the launch of the 10 sets of special units to see, folding front price of about 60,000 yuan per square, has shown a stepwise decline.

Low profit difficult to attract real estate speculators

The reporter then visited the East China Sea near the high end international apartment real estate, such as 香榭里花园, East eighteen living, etc., found in the East China Sea after the price is already quite close to the international unit apartment with them, such as the 2004 occupation of the Champs II 178 meters large flat, the current Asking price at 45000-50000; age eighteen living shorter Tokai large flat unit prices are around 45,000. In addition, a distance of about a few kilometers outside the old mansion, Futian District, Le Parc, 12-year-old is currently a large area of ​​the unit, the average price is also between 45,000 -50,000.

But in the real estate speculators view, the supply of high-end apartments in Shenzhen Futian, Nanshan great, perhaps the price downside.

There are real estate speculators introduction, in 2011, Shekou Lanxi Valley has launched high-end condominium units, probably the opening price at around 40,000 yuan, but then the real estate regulation, these high-end apartments have a 25% decline in value, fell 30,000 / square meters price volatility than Lanxigu residential building is much larger. "Over the last two years, because they do not purchase are not limited to credit, high-end business apartments once received by the market, but the supply is also magnified many times, only the East China Sea International has nearly 1,000 suites supply, the city's deep real estate industry handover next year, supply greater amount, as well as Shenzhen Nanshan Bay 1, etc., Room 150,200 square easily, because life is short, have a 50% down payment , the maximum loan period of 10 years. doing, rental yield is very low. "speculation passenger Chen lady told reporters.

She gave reporters calculations, play specials 5F units, 12.56 million yuan, down to 6.288 million, for the month was 73,600 (ten years), the leasing agency can receive 20,000 yuan per month rent, annual rate of return was less than 2%, and Fukuda's occupancy rate is lower than the high-end apartments in Shekou, Nanshan Area, for her, even though limited to purchase are not limited to credit, still less attractive.

However, some real estate speculators are on the high-end business life raised doubts apartment land, why is not limited to these options are not limited to real estate loans, mainly in the case of "commercial land", the period of only 50 years, while developers get in the East China Sea International In the 1990s, the land remaining useful life of 30 years, actually, "current" Property Law "for the renewal of commercial properties maturity yet clearly defined, so it is risky."