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Budget 5-8 million to buy a house in Shanghai, I have three suggestions

This year's market can be described as "hot" in one word, with the number of second-hand homes sold in September surging past 30,000, a figure that already exceeds the same period in 2016 by 29,500 units.

Source: Iceberg Transaction Index

September's average price for second-hand homes was 54,979 yuan per square meter, while the average price in Shanghai over the past four years peaked in June 2017 at 57,279 yuan per square meter, and September's average price for second-hand homes was just 4 percent different from the price at that time.

The market has clearly warmed up, our company rabbit just bought a second-hand house in Qibao in August this year, according to her words:

"Originally optimistic about a neighborhood, in our still hesitant, found that this neighborhood shoots a set of a set after a set of sold, and finally the price of this neighborhood we can not accept! "

And the transaction of the second-hand houses, also represents a wave of the release of the demand for housing, which also activated the new housing market,September's transaction number of sets up to 8578 sets

In the collation of Shanghai's new housing pledging data, found that the recent new discs of the pledging rate of more than one hundred very much:

Rainbow Lulu Bay, a pledge rate of up to 259%, Poly Jinsheng, a pledge rate of up to 193%, the second phase of the second day of pledging has broken 160%, Lujiazui Jinxiu Yilan pledge rate of more than 100%

These projects above the total price of about 5-8 million, the total price of this price range, although a lot of high-quality projects, but the "rate of getting the house" (the probability of getting the house, but the rate of getting the house).

These projects have a total price of about 5-8 million dollars, but the "homeownership rate" is very low.

Today we'll talk about what to buy with a budget of 5-8 million.

Where to buy?

According to incomplete statistics, among the 246 new properties for sale in Shanghai, there are 114 projects*** with a total price of 5-8 million, accounting for 46% of the total supply.

So where are these properties located?

Source: Housing World

In this total price range, the suburbs have much more choice, with properties available in all 9 districts, while in the city, only 4 districts - Xuhui, Putuo, Yangpu, Hongkou, and Changning - are available, and 2 districts - Huangpu and Jing'an - are in a state of broken supply.

While Pudong is still the TOP 1 in supply, Qingpu has almost the same number of new developments as Pudong, and is also far ahead of suburbs such as Jiaqing and Song, while Jiading (except Chongming, Jinshan and Fengxian districts) has the least supply in the suburbs, Xuhui has the most supply in the city, and Changning has the least.

So, in the 5-8 million price range, there are relatively more choices in Pudong and Qingpu, while in the city, there are relatively more choices in Xuhui, which you can focus on.

Where is the best place to buy?

The eyes of the people are bright, the heat of the new housing market is a very important reference for us to choose the chip, so this year, the budget of 5-8 million home buyers are buying where?

Based on this year's market situation, the total price of 5-8 million range:

Dahongqiao's heat is the absolute C position

Songjiang Jiu Ting, Sijing, Songjiang University Town and other boards along the line 9 last month's performance is also very bright

Minhang Pujiang along the line of line 8 is also a lot of attention

Baoshan Yanghang 1 line and Dahua under construction. Nearby and along Line 18, which is under construction in Dahua, the projects have achieved good results this year in terms of pledges

And the Jiading Jiangqiao plate is also a hot spot in the market

So, we suggest that you focus on the following projects:

Dahongqiao: Phase II, Phase 2,

Songjiang, along Line 9: Mansion No. 9

Baoshan:

Minhang Pujiang: Poly Jinshang Phase II

And the second-hand market can still provide us with some ways to choose our chips:

Let's take a look at Where in the city is the largest volume of transactions with a total price of 5-8 million dollars?

Data source: Chain Home

It can be seen that Pudong still tops the city's transaction volume in this total price range, and Minhang District follows closely behind, with the volume of transactions leading the whole of Shanghai, so it can be said that Minhang has already become a major area of home ownership in the suburbs for improvement.

In the urban area, home buyers with a budget of 5-8 million total price range favored Jing'an and Xuhui. And the three northern districts ranked Putuo > Yangpu > Hongkou.

Transaction volume represents the recognition of the region, and is therefore an important indicator for us in choosing chips. From the above data, we suggest:

1) Focus on Minhang and Baoshan in the suburbs

2) Focus on Jing'an, Xuhui, and Putuo in the urban areas

2) Focus on Jing'an, Xuhui, and Putuo in the urban areas

What is the best product to buy?

After selecting the location, the next question comes: which product is the most suitable for purchase?

Home buyers with a total price of 5-8 million dollars are mostly first-time improvement users who have a demand for a second commercial property for self-occupation, and likewise have certain requirements for product circulation.

So what kind of houses are most popular in this price range?

Vanke Sky City Phase 4: 245% pledge rate

Panglong Tiandi: nearly 400% pledge rate

These five hot-selling projects have a **** the same feature, is that they are all branded real estate companies built by: Bao Bao and Bao Long, and the company has been the largest and most successful real estate developer in the world, and the most important thing is that the company has been the most successful real estate developer in the world. built by: Poly, Shui On, Vanke.

But branded real estate companies are not the core factor, good products are! In fact, we look at these projects carefully, we will find that each project has a unique selling point:

For example, Poly Jinshang, the biggest highlight is its small flat transverse hall design, 91 square feet of small flat face width is also achieved 5.1 meters, and Honglu Bay Phase I high-rise products (part of the household type) of the floor plan is also very eye-catching, the L-type 270-degree sky living room, wide-view floor-to-ceiling glass windows, about 12 meters of the Panoramic corner floating window, placed in the whole Shanghai unique design.

So, in fact, the new housing market tells us the secret of choosing chips is: differentiated quality products are hard currency.

For a $5-8 million first reform project, if you don't have a significantly higher quality product compared to the neighboring sub-new homes, in addition to the age of the home, then the later circulation will definitely be affected.

And there are some quality projects in the new housing market in the fourth quarter of this year that are worth recommending:

Jiangqiao's, 125 square meters of four openings facing the south, the living room transverse hall design, north-south ventilation, can be said to be the king of the same area section of the household type.

, 98 square meters and 115 square meters of three-bedroom type, three openings facing south, large horizontal hall design, coupled with Yanlord's consistent property ability, the first Yanlord project in Kangqiao, worth looking forward to.

,100 square meters, 115 square meters, three openings facing south, north-south type, and next to the subway, it is a drought for Jinqiao, which has been cut off from supply for a long time.

The second phase, the launch of the 72 square meters of small units, three openings facing south, all floating windows, beating the small units on the market, and 93, 95 are also three openings facing south, north-south through the floor plan, coupled with high-quality educational resources, this time again, no worries about the rhythm of the sale.

The second phase, three openings facing south, north-south pass, this time the launch of 84 square feet of small units, but also the threshold of the large Hongqiao products.

Four tips

Finally, we summarize these suggestions for home buyers with a budget of 5-8 million:

1. From the perspective of new housing supply, among the suburbs, Pudong and Qingpu can be the focus of attention, while downtown can focus on Xuhui.

2. From the point of view of following the heat of the new housing market, Dahongqiao: Shouchuang Xi Ruihui II, China Merchants Hongqiao Mansion II, Jindi Hongyue Bay, Songjiang along Line 9: No. 9 Mansion, Baoshan's Dahua Park City, Minhang Pujiang: Poly Jinshang II are the object of your attention.

3. From the point of view of the total price of 5-8 million buyers of the recognition of the various regions of Shanghai, the suburbs focus on Minhang and Baoshan, the city focus on Jing'an, Xuhui, Putuo.

4. From the dimension of the product, it is recommended to buy products with differentiated highlights as much as possible within the budget, so as to take advantage of the later second-hand sale.