Under the severe regulation of the real estate market, Xiamen's property market experienced a bleak 2012 Spring Festival. During this time, people returned to their hometowns and busied themselves with visiting friends and relatives in a lively and festive atmosphere, making the poor performance of the property market almost predictable. For those who have been working hard away from home and have now returned for the holiday, discussions about the current state of the property market and plans for purchasing homes often become one of the topics during tea breaks and casual chats. Amidst the bleak property market during the Spring Festival, there is a brewing of a new wave of homebuyers.
People who are engaged in business outside their hometowns return for the Spring Festival with plans to purchase homes and more time to view properties, making it an opportune time for bargain hunting during the first lunar month. An event titled "Spring Festival Return Home Bottom Buying Group Purchase - Quanzhou, Nanping Dual City Synergy," organized jointly by Fangmi.com, Fujian Economic Life Channel, Xiamen TV, and the Min Business Magazine, is just such a well-timed real estate promotion that leverages advantageous timing, geographical benefits, and popular support.
Included in the list of recommended properties for out-of-town buyers are Jimei's Vanke Golden Domain and Haicang's Vanke City.
Haicang Vanke City: Pioneering a New City
On September 30th, Vanke and Hengxing jointly acquired the Haicang commercial residential land H2011P02 plot for 15.12 billion yuan, with a floor price of no less than 2920.67 yuan per square meter, marking a premium rate of 0.13%. The over 500,000 square meter sea-view residential land has been named Haicang Vanke City, with plans for its launch in the first half of next year. Xiamen Vanke shifts focus to Haicang, heralding the rise of a new city.
SWOT Analysis:
Advantages:
- Abundant seaside views
- Superior location at the midpoint between Maluan Bay and Haicang New City, offering appreciation potential
Disadvantages:
- Surrounding unrenovated villages and factories may negatively impact the site; however, as the old city renovation of Haicang New City progresses, the area's image will significantly improve. Currently, there is a lack of high-end property配套设施and public municipal facilities.
Opportunities:
- Rare seaside plots in Haicang should be seized immediately; the development of Haicang New City holds immense appreciation potential. After a long period without land supply, developers interested in investing in this region will surely pay attention. The integration of urban and rural areas within the island promotes the expansion of Greater Xiamen, aiding the development of Haicang New City.
Vanke Golden Domain: The "Sold-Out" Phenomenon of Xiamen's Property Market in 2011
The volatile property market of 2011 was influenced by various policy and economic factors. The once common "sold-out" phenomenon became scarce this year. Despite this, Vanke Golden Domain consistently maintained a "sold-out" posture throughout the year. Even amidst market stagnation, after seven consecutive "sold-out" sales, Vanke Golden Domain achieved remarkable results.
Currently, the main available units at Vanke Golden Domain are fully renovated 3-4 bedroom apartments ranging from 88-95 square meters. The starting price for lower-level units is only 8775 yuan per square meter, with an average price of approximately 10300 yuan per square meter, and total prices mainly concentrated between 800,000 to over 1 million yuan. The project is expected to deliver on March 30, 2013.
Project Highlights:
New Living CITY is a complex combining hotels, office buildings, parks, comprehensive shopping centers, and international apartments. The newly launched Phase II of Vanke Golden Domain brings a new urban lifestyle through "New Living CITY." The project integrates diverse urban amenities, including 28,000 square meters of commercial space, SOHO offices, fully renovated residences, schools, and ecological gardens. Geographically advantageous, it offers abundant natural resources and is only 15-20 minutes away from the bustling areas of Xiamen Island.
Relying on the century-old educational advantages of Jimei and enjoying the prosperity accumulated over 30 years in Dongxiang, the future Xinglin Bay area will see the rise of nearly 1.5 million square meters of building scale, planned for a population of 50,000. The prospects of the area are promising, and the life within the compound community is rich and varied!
Developer: Xiamen Vanke Coastal Real Estate Co., Ltd.
Agent: Lidan Hang
Project Address: South side of Xinglin Bridge, Xinglin Bay, Xiamen
Phone: 0592-6211888
Leasing Hotline: 0592-2571199 (Source: Fangmi.com)
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