Due to the issuance of many favorable policies on traffic and infrastructure construction, the average housing price increased 17.8% y-o-y in Zhuhai in 2005, and the trading volume was 1.5 million square meters, up 43.7%. Meanwhile, the price of commercial residential houses increased more rapidly in Zhuhai in 2006, the average price reached RMB 4581, up 23.5% y-o-y; the trading volume amounted to 1.66 million square meters whose growth rate decreased to 10.7%.
However, the land supply volume in Zhuhai is limited, and only 700-800 thousand construction square meters commercial land was available annually in 2005 and 2006, so the promising prospect of Zhuhai real estate market attracted the entry of many Chinese and foreign large real estate companies, such as New World, Vanke, Gemdale, Yanlord etc, and the land competition becomes increasingly fiercer.
In addition to obtaining Huafa New City West via auction, Huafa also accelerated the step of merger and acquisition. It acquired the equities of two projects of Hongmenlou and Riviera. Up to the first quarter of 2007, the company had owned 3.08 million square meters land reserve in Zhuhai, which can be developed and used in the following five more years.
Ratio of Huafa Sales Value to Zhuhai House Sales Value
Supply and Demand Structure of Commercial Residential Houses
Huafa Land Reserves
China Construction Curtain Wall Industry Report, 2013-2016
The prosperity of construction market has effectively promoted the development of building decoration industry in recent years. In 2013, total output value of China’s building decoration industry clim...
China Construction Curtain Wall Industry Report, 2012-2013
In recent years, the urbanization in China has been accelerating, with the mushrooming of numerous large public buildings, commercial buildings and high-end residences, which conduces to the swelling ...
China Building Decoration Industry 12th Five-Year Plan Report
With the aggressive development of economy, China’s pace towards urbanization over the years has been accelerated, a large number of new houses and public facilities have provided huge space for the d...
China Primary Land Development Industry Report, 2010
According to the notice about the Promoting of Special Action on Two Rectifications & One Reform and Responsibility Assignment unveiled by Ministry of Land and Resources of the People’s Republic o...
China Commercial Real Estate Industry Report, 2009-2010
Commercial real estate, also known as business real estate, refers to those real estate investment goods that can generate benefits in the form of property appreciation via reasonable operation. Busin...
China Real Estate Industry Statistics, 2009
As houses were sold well in 2009, China real estate industry attracted more investment than 2008. In 2009, RMB3.62 trillion was invested in real estate industry, increasing by 18.5% over 2008.
Becaus...
Investment Report of China Real Estate Industry In Manner of Merger and Acquisition, and Share Participations, 2008
During 1981-1997, China real estate industry experienced two growth periods: first period was from 1981 to 1989, the industry was initially formed after this period; second period was from 1992 to 199...
China Real Estate Industry Report, 2007-2008
Between January and August of 2007, China real estate development investment reached RMB 1.42 trillion, up 29%. Its growth rate was up 5 percentage points YoY, 2.3 percentage points higher than that o...
Company Study of China Enterprise Company Limited
The land development volume has gradually declined in Shanghai since 2004, reaching the lowest of the history in 2006, which led to the lack of housing supply in Shanghai market in 2007 and 2008. From...
Company Study of Suzhou NewDistrict New & Hi-tech Industrial Co., Ltd
Social fixed assets investment and real estate investment in Suzhou maintain a quite stable level since 2005. In Jan-May 2007, the growth rate of fixed assets investment was relatively small, only 9.4...
China Real Estate Forecast Report for H2 2007
Listed real estate companies achieved better performance in the year of 2006. Among the 87 listed real estate companies, 66 ones are with rapid growth in terms of net profit and, some even reached as ...
Company Study of Zhuhai Huafa
Due to the issuance of many favorable policies on traffic and infrastructure construction, the average housing price increased 17.8% y-o-y in Zhuhai in 2005, and the trading volume was 1.5 million squ...
Consumer Investigation of Property Market in the City of Shenzhen, Oct 2006
47.3% of the interviewees hold that the housing price will grow slightly, while 5.7% consider that the housing price will rise substantially; furthermore, 22.8% think the housing price will maintain a...
Quarterly Report of China Real Estate Industry, Q1 2007
In the first quarter of 2007, housing price index in 70 big- and medium-size cities nationwide increased by 5.6% compared to the same period of last year. The main cities with relatively high year-on-...
China Listed Real Estate Companies Report, 2006 - Q1 2007
In 2006, listed real estateenterprises realized prime operating revenue of RMB 92.748 billion and net profits of RMB 8.336 billion with a year-on-year increase of nearly 30% and 60% respectively...
China Real Estate Market Analysis, 2007
The main business revenue of the companies in the real estate industry amounted to RMB 107.382 billion in 2006, up 27.48% from a year earlier; the net profit was RMB 10.153 billion with a growth rate ...
China Real Estate Industry Report (Merger and Reorganization), 2006-2007
In 2005, the national real estate investment accumulated to RMB 1575.93 billion, increasing by 19.8% compared with 2004, but the growth rate decreased by 8.3%. Of these, state-owned and state-owned ho...
China Real Estate Industry Report, 2006
According to the National Bureau of Statistics of China, the national real estate investment has accumulative reached as many as RMB 1575.9 billion in 2005, increasing by 19.8% compared with 2004.
Re...