Hefei Real Estate Market 2007

Hefei Real Estate Market 2007

Table of contents

Price:USD 600

Published: Mar 20th 2007

Hefei, situated between the Yangtze and Huaihe Rivers, near the Chaohu Lake to its south, is an ancient city with a history of more than 2000 years. Today it is the capital of Anhui province, the provincial center of politics, economy, culture, information, finance, commerce and trade.

There are three counties (Feidong, Feixi, and Changfeng) and four districts (East, Central, West and Suburbs) under the jurisdiction of the city. Its total area is 72668 square kilometers, among which 596 square kilometers are in the city limits (including the Suburbs District).

In 2006, the gross product of Hefei City (being called GDP for short, the following is identical) exceeds 100 billion yuan for the first time, and so the target "thousand hundred million yuan " came true advancing for 4 years. According to the first calculates, 107.386 billion yuan of GDP has been realized all year around, increases by 17.5% compared with the same period of the last year. Among it the primary industry 6.176 billion yuan of GDP has been realized, increases by 7.7%compared with the same period of the last year.Secondary industry increases 51.059 billion yuan. By 22.7%.Tertiary industry increases 50.151 billion yuan of GDP, by 13.7%. Per capita GDP breaks 20,000 yuan, according to register census population calculates it reaches 23,200 yuan, according to the going rate, per capita GDP approaches 3000 U. S. dollar.

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1 A profile of Hefei City 4
1.1 Major indicators of economic development of Hefei city 4
1.2 Household, population, average family size and wages 5
1.3 Fixed assets investment indicators 11
1.4 Main real estate development indicators 12
1.4.1 The main economic targets of real estate develops of Hefei City In 2006 12
1.4.2 The sells status of real estate market of Hefei City between 2006 and 2007 14
2 Urban planning of Hefei city 17
3. Analysis of land market of Hefei city 20
4. Residential house market in Hefei city 20
4.1Current status of residential market 20
4.2 supply of residential house 23
4.2.1 Supply structure 23
4.2.1.1 Supply by floor area of each house 23
4.2.1.2 Supply by structure type 23
4.2.2 Supply by district 25
4.2.2.1Shushan District 25
4.2.2.2Yaohai District 26
4.2.2.3Baohe District 33
4.2.2.4Luyang District 38
4.3 Price analysis 44
4.4 Consumer group and demand analysis 45
4.4.1 Demand analysis 45
4.4.2 Consumer group analysis 46
5 Office market in Hefei City 51
5.1 Status que of office market in Hefei City 51
5.2 Price analysis 52
5.3 Trend in office market in Hefei market 56
6 Major developers 57
7 Housing policies and regulatory issues 59
7.1 Tax and fees standards in Hefei 59
7.2 Policy analysis 61
Appendix 62
Tables 62
Figures 64

Appendix
Tables

Table 1 Fundamental condition of the city and town dwell family between January and December of Hefei City Year 2006 7
Table 2 Dwell consumer¡¯s goods expends of city and town between January and December of Hefei City Year 2006 8
Table 3 The list of sets of commercial residencial buildings ( have been sold) of eight areas of Hefei City in 2006(dwelling ,commerce ,handle official business,similar houses, sum of other kinds of houses ) 12
Table 4 The list of the commercial residencial building sells area of eight areas of Hefei City in 2006 (dwelling ,commerce ,handle official business,similar houses, sum of other kinds of houses ) 13
Table 5 The list of the sold amount of money of the commercial residencial buildings of eight areas of Hefei City in 2006 (dwelling ,commerce ,handle official business,similar houses, sum of other kinds of houses ) 13
Table 6 Average selling price and Available sets of houses of different districts of Hefei City in March , 2007 15



Figures

Figure 1 Annual per capita GDP of Hefei 2000-2006 year 5
Figure 2 per capita using-floorage of dwellers of city and town Hefei City 2000-2005 6
Figure 3 2000-2007year per urban resident¡¯s average annual disposable income Hefei City 6
Figure 4 The Per capita disposable income contrast of main and large and medium-sized cities in December , 2006 8
Figure 5 2000-2006 Year Total investment in fixed assets for the whole society of Hefei City 11
Figure 6 2000-2006 Real estate develops and investments of Hefei City (Hundred million yuan) 14
Figure 7 Land plan in downtown Hefei city 18
Figure 8 Function plan of downtown Hefei city 19
Figure 9 Supply structure of residential house in Hefei city 23
Figure 10 Acceptance of total sum of house of consumers in Hefei city 46
Figure 11 Acceptance of price per floor area of consumer in Hefei city 48
Figure 12 Preference of floor area of consumer in Hefei city 49
Figure 13 Preference of residential type of consumer in Hefei city 50

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