25 Jul 2008

Home buyers investment choices: the second-hand small apartment VS new flats

Beijing has been the face of high prices, a large number of financial commitment the limited capacity of the buyers will not be transferred to the lump-sum line of sight is not very high second-hand houses and small apartment of the new disc. At the same time, due to higher investment returns, the second-hand and small apartment has been more and more real estate investors of all ages. "Chain-•-industry" professionals to home buyers of second-hand housing investment Liangxiang Yi and small apartment to do a comparative analysis of reference for the majority of real estate consumers.

Small apartment, the second-hand, the advantage of home buyers have settled down

According to the "chain-•-industry" show that second-hand housing transactions and the construction area surrounding the primary flats priced and the gap between large, mainly because the total area of secondary general smaller, the prices low, so a lot of buyers Preferred. Similarly, the small apartment because of the low lump sum, a fully furnished, has been the favorite in the low-income families. From the home perspective, regional location and the total is almost the same small apartment and used the new disc, compared to their advantage is. From the price, the secondary, especially once again listed Yigougongfang, the obvious advantages, the most peripheral than the first-hand flats in the sale of 30-40 per cent lower, the new development of the small apartment Although the total is relatively low, but the unit price per square meter Is high, the prices of most prosperous areas in the 7000-9000 yuan / square meters around. In other words, the same total amount is low, the secondary market to buy new flats than the small area of the apartment. From the pattern on the apartment, no doubt the new development of the small apartment flats apartment design more reasonable and more comfortable. Relatively speaking, as early as the second-hand housing construction, design compact apartment, offices, kitchen, health smaller size, there was about 80 square meters of Sanju second-hand housing is not surprising. If we consider the family population growth, a lump sum, and greater area, more room for the family left the secondary living space expansion of a more flexible. From the supporting functions, the new small apartment flats more advanced, more perfect, but the corresponding property management fees, heating costs are relatively high cost of living.

Choice of residence, everyone's taste is different. Thought active pursuit of young people may be more comfortable supporting sound like life, space Kuochuo relatively small apartment, as a transitional home. The pursuit of economic and practical buyers may think that second-hand housing is a good choice.

Long-term investment in property, income and stability

Small apartment flats real estate investors has been the capital of "Beloved", investors expected benefits can be broadly two points: First, Qifang stage of the purchase, resale of existing homes when the short term to earn the appreciation of housing prices due to the proceeds The second is optimistic about Beijing's real estate rental market higher rate of return on investment, the purchase of small apartment flats, and then rent charging rent. "•-industry-linked" investment analysts believe that investment in small apartment Qifang, and uncertain factors, risks are great, but compared to Beijing more than 3 million mobile population, high housing rent, buy new small apartment flats or second-hand housing, Access to income on rent relatively stable. According to the "chain-•-industry" statistics, in 2003, Beijing used the rapid development of the market, total turnover of about 2 million units, of which investment-oriented buyers accounted for 10 percent. Clearly, more and more investors have recognized the value of investment in the secondary market. Investors can be set below the typical region of the total are 300,000 second homes and small apartment Comparative analysis of new investment in property development, small apartment on the new second-hand flats and the investment value of abbreviated glimpse of the fact. The small apartment was for the new projects within the region Hot average, second-hand for the land and resources released by the HKMA and the guidance price. In addition, because of high rent new premises rental, single-in-payment of rent or pay on their purchases for the balance between relatively difficult to find single-, in the balance when considering the annual rent the vacant period of two months, and the only second-hand Consider half a month.

Rental market dialysis

Right after the New Year, many home New Year's rent off the field have started to Beijing, passenger usher in the spring once the peak time, the intermediary company's leasing operations also scenes showing a "prosperity" of the scene: the low availability , The rent increase, Qiuzu significantly increased. Beijing, one of the biggest intermediary "chain-•-industry" even a good number of customers抢rent a phenomenon…… availability of rental demand, on the one hand rental availability is constantly entering the market, on the other hand is an increasing demand for leasing .

"Chain-•-industry" market professionals under Beijing's rental market, the main source, is divided into four categories, and, through them, dialysis Beijing's rental market.

Large floating population in urban housing needs

According to the latest survey shows that people from outside Beijing in 2003 has surpassed 4 million, than in 2002 increased by 229,000 people. According to which 70 percent of the people who need rent, the rental market there are at least 2.8 million people's market capacity. It goes without saying that a large number of people from outside Beijing rental market is the new force. From the customer demands, peri-urban areas of the floating population in the total flow rate of about 57 percent of the population. "•-industry-linked" to the rental customer demand are mainly concentrated in the outskirts of Chaoyang District, Haidian District, and Shijingshan District. Availability of supply from the lease terms, on the one hand, Chaoyang, Haidian and the two broad geographical areas, for rental, investment in property more. Shijingshan District, many older communities, supporting mature, easily accessible, relatively cheap rent. Thus attracted a lot of tenants on the other hand, many investors saw opportunities to choose home ownership in this investment, "to raise the rent" high yield, making ample supply availability.

In addition, according to the data statistics, the foreign population of only about 20 percent of people with college education, this data can also be reflected from the side, the foreign population in high-income groups in the minority. Beijing thus the rental market can be divided into two parts - in the low-end rental market and high-end rental market. Availability of low-end rental market mainly by ordinary homes, popular prices, availability, choice of room for large, customer demand. In contrast the high-end rental market more stable rental apartments category.

Newlyweds need to address housing problems

Beijing about a year more than 7,000 pairs of new marriage, is also part of the field to Beijing for young couples. These young people are more entrepreneurial stage, the basic monthly income is not high, purchases of strength is not strong, if, for more than 2,500 yuan, it will affect their life. Housing is the most important problems of modern young people have their own additional hope that the two-person world, and the elderly are not accustomed to sharing. Therefore, this part of the crowd also a large number of demand.

The expansion of secondary school enrollment, students need to address the problem quarters

Beijing colleges and universities around the rental market is extremely active, particularly in each of the new semester started at the front and rear stage, often in short supply availability. "Chain-•-industry" contract customers, college students accounted for 30% of the ratio, generally there are three reasons: First, in 2004 the National High School will reach 4 million people, than the 2003 actual taking of additional 200,000 People. Some schools of the existing school buildings can not satisfy the rising each year the number of Health and the other is thinking of the 21st century university students more independence, closed schools are not accustomed to the life and hope to have their own independent study of living space; Third, Beijing Is a suitable for the development of the city, many graduates will choose to stay in Beijing, therefore, between 8 and 9 students renting is the peak period.

They often take the form of sharing, good to 32 students shared a set of two-bedroom or three bedroom, rent in equal shares to individuals only 500-600 yuan per month, and a fully furnished home, but also a quiet independent study环境. Clearly, students source, the rental market is indeed played a role. "•-industry-linked" to students renting agent charged 50% service charge on preferential terms, allowing just entered the community of students to pay 200 to 300 yuan to rent to good availability.

Buy second-hand rental, investors optimistic about leasing market

Now the business-minded people are more flexible, if the hands of a certain savings and investment will produce the idea. However, taking into account the long-term bank interest rates down, investment securities or futures the risk too great, and do other businesses, competition is also intense, thought of buying a home ownership investment in existing homes - one of the most simple, low-risk, high return on investment .

According to the "chain-•-industry" professionals of the Beijing market purchases for investment of about 20 percent, compared to housing speaking, to buy second-hand advantage of the investment, price much cheaper than new houses, community support Mature, and now account for the secondary Yigougongfang the mainstream, most do not have to pay property management fees, the lot is also very good. In addition, the room usually used with the decoration, do not have to spend too much in this regard the cost of investors to purchase the rental housing can be both time-saving and save money. If adding the "chain-•-industry," the whole rental housing agency, can not only get one year's rent and housing cleaning, maintenance and rental management after their own do not have to worry about, to the true meaning of "Shuaishou treasurer . "

Beijing real estate from the current passive investment income, the second-hand do not pay the cost of rent and return of relative stability, in a hot housing lots of static investment rate of return is generally 6-8%, which is a good investment choices.

To sum up, Beijing is in the rental market supply and demand situation Liang Wang, still great potential for development.

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