日韩精品久久一区二区三区_亚洲色图p_亚洲综合在线最大成人_国产中出在线观看_日韩免费_亚洲综合在线一区

USEUROPEAFRICAASIA 中文雙語Fran?ais
Business
Home / Business / Industries

Realty is back on terra firma

By Wu Yiyao in Shanghai | China Daily | Updated: 2017-09-11 07:21

For many property owners in Shanghai, the downtrend in both rentals and home sale prices this year is quite different from that of previous years.

That is not good news.

With higher supplies in the rental market and sloppy transactions in the preowned property market, average price of pre-owned properties in Shanghai dropped from 52,640 yuan ($7,856) per square meter in January to 50,674 yuan per sq m this month.

During the same period, rentals dropped by somewhere between 200 yuan per month and 1,000 yuan per month, depending on the home size and location.

Rents vary greatly from 1,500 yuan per month to more than 30,000 yuan per month, according to anjuke.com, an online property services provider.

When the home price is not rising, those who would sell properties now turn to lease out their properties, which increases rental supplies and lowers prices, said a research note of Centaline Property.

Some property owners said they are still going to sell properties based on their calculations and comparisons of yields.

"If I sell my property at the average price, I can have about 7 million yuan, and annual yield could be above 260,000 yuan if I put it in wealth management products," said Peng Shanlin, a 67-year-old property owner in Shanghai. "But if I lease it, rental income would be about 84,000 yuan."

Real estate agents said that increasing number of property owners are thinking of selling properties and invest the money in other assets.

"Home price growth in several key cities this year is already lower than that of many wealth management products, and low return rate of leasing out properties is not attractive," said Tao Yongliang, a real estate agent with Zhonghuan Property, Shanghai.

Average yield of wealth management products offered through bank channels is above 4 percent, home price growth is negative, while the yield of leasing out a property is below 2 percent in Shanghai.

"If you do the calculation, you would realize that a spare apartment is no longer an asset that will generate a relatively high yield. If the policies of making housing prices stable are continued for the next few years, more property owners would consider shifting their wealth from property to other assets," said Tao.

Yan Yuejin, research director with E-house China R&D, a property industry information provider, said cities where home price growth has slowed have affected investor sentiment.

"This is a good trend that makes residential properties serve their original purpose-that of providing a place to live in," he said.

Zhang Dawei, an analyst with Centaline Property in Beijing, said in a research note that in the remaining part of this year, key cities such as Beijing and Shanghai would see the average home price growth stay low.

Speculative demand still exists, which is spilling over to lower-tier cities located near key cities, said Zhang.

But investing in residential properties in cities that do not have a solid foundation for population growth and employment growth could be risky, said Yan.

Most Viewed in 24 Hours
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
 
主站蜘蛛池模板: 国产99久久精品一区二区 | 午夜在线视频观看 | 久久免费看 | 成人av一区二区三区 | 亚洲欧美二区三区久本道 | 色接久久 | 五月天婷婷在线视频 | 国产成人午夜性a一级毛片 久久久久亚洲 | 婷婷激情综合五月天 | 欧美电影一区 | 亚洲最黄视频 | 欧美在线一级片 | 欧美特黄aaaaaa| 欧美一级二级三级 | 91久久久久久 | 综合爱爱| 久久艹一区| 国产精品99一区二区三区 | 一区二区中文字幕 | 国产色产综合色产在线观看视频 | 欧美视频网 | 亚洲三级视频 | 国产免国产免费 | 日韩无毛 | 国产成久久免费精品AV片天堂 | 黄色视屏免费观看 | 人人干日日干 | 久久精品欧美一区二区三区不卡 | 欧美性成人 | 国产欧美一区二区精品久久久 | 日韩毛片欧美一级a网站 | 婷婷在线观看网站 | 国产一区二区精品尤物 | 欧美成年黄网站色视频 | 亚洲一区中文字幕在线观看 | 国产一区二区三区久久久久久久久 | 成人午夜视频在线播放 | 午夜亚洲国产成人不卡在线 | 波多野结衣高清在线播放 | 国产成人在线一区二区 | 人人干人人看 |