Roommi News, January 29th - During the 7 days of the Spring Festival in 2012 (January 22nd-January 28th), Xiamen real estate market saw a total of 8 transactions with a signed area reaching 1,000.6 square meters. The sold properties were distributed as follows: 3 units from YuZhou Chengshangcheng [Details Consult], 2 units from YuZhou Central Coast [Details Consult], 1 unit from HaiTou Tianhu, 1 unit from LvYuan New City [Details Consult], and 1 unit from JinYu HuaFu. On January 25th, 3 units were transacted; on January 28th, 5 units were transacted, while there were no transactions for the remaining five days.
Compared to 10 units in 2011, 17 units in 2010, and 71 units in 2009, the volume of residential property transactions during this year's Spring Festival in Xiamen has further decreased. The performance of Xiamen's real estate market during this year's Spring Festival Golden Week was even quieter than in previous years, as everyone was peacefully celebrating the Spring Festival without concerning themselves with buying houses. Developers also did not conduct large-scale promotional activities like they usually do during the Spring Festival Golden Week, leading to a strong atmosphere of public observation.
Among the transactions, Huli District saw 3 residential transactions with a total area of 393.21 square meters; Haicang District had 2 residential transactions with a total area of 250.44 square meters; Jimei District had 3 transactions with a total area of 356.93 square meters. Siming District, Tong'an District, and Xiang'an District had no transactions.
In the current cooling market situation, trading price for volume has become the key method to ensure transactions in the market. From the transactions made during the Spring Festival, all the sold properties were those that offered price reductions or promotions or were launched at low prices. High cost-effectiveness is also the first choice for potential homebuyers who are observing the market.
The champion of residential transactions during the Spring Festival was YuZhou Chengshangcheng located at the intersection of JinShang Road and JinHu Road in Xiamen. Phase II of YuZhou Chengshangcheng, Guan Tianxia, started internal subscription on December 10th last year with a starting price of 13,666 yuan per square meter, offering a 140,000-square-meter mountain view park and a 200,000-square-meter international star-rated luxury residence where every household enjoys an additional 30% space.
[Project Link]
YuZhou Chengshangcheng is located in the absolute golden zone of the city, adjacent to the Guanyin Mountain International Business Operation Center, the International Convention and Exhibition Center, the International Conference Center, and the International Yacht Club, creating a headquarters base for investment in the western Fujian region and achieving the exclusive asset domain for top-tier individuals. It is conveniently connected to SM Plaza Square, only a 10-minute drive away; international retail giant Tesco’s self-built shopping center, Wanda Plaza, and Renrenle Supermarket provide one-stop shopping services, enjoying the prosperity of urban配套设施. It overlooks the Egret Reserve on Tiger Head Mountain, just a 5-minute drive from Lake Bian Reservoir, surrounded by Sports Park and Wuyuan Bay Wetland Park, creating a dazzling masterpiece in the center of Western Fujian. National key schools such as Shuangshi Middle School, Huli Experimental Primary School, and Wuyuan Study Village gather here, creating a scholarly community! The project is located at an important transportation hub in Xiamen, with the first north-south artery inside the island, Success Avenue, new long-distance bus station, 2 BRT lines, Jimei Bridge, and Huli Avenue providing quick access outside the island. Gaoqi International Airport and Wutong Xiamen-Jinmen Ferry Terminal connect domestically and internationally, initiating an era of international rapid transportation.
Project Name: YuZhou Chengshangcheng
Developer: YuZhou Group · Xiamen Diyuan Bonded Storage & Transportation Co., Ltd.
Reception Center: JinShang Road, Xiamen (opposite Huli Administrative Center)
Agent: You Chaoshi
Full Promotion: Gangyi Marketing
Reception Hotline: 0592-5775888
(Source: Roommi Network)
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