"During the National Day, from 7 o'clock in the morning to 7 o'clock in the evening, I was so busy that I couldn't eat lunch for 12 hours." At 1 p.m. on the first day after the holiday, Yang Bikang, the sales of Xinglan Cloud Residence, sent off a customer before he saw the stitches and drank saliva.
With the implementation of policies such as the "Tin Ten" 4.0 issued by Wuxi at the end of September, the property market in Wuxi Economic and Technological Development Zone ushered in a sales boom during this National Day holiday. It is understood that during the holiday, 227 sets of transactions were made in Wuxi Economic and Technological Development Zone, with a transaction area of 35,000 square meters and a transaction amount of more than 1 billion yuan.
The support of the policy has "shot a booster" for home buyers. "The number of customer visits has increased significantly, and a sales needs to bring four or five groups of customers at the same time, and the transaction rate has also increased significantly." Ding Xianjie, sales manager of Qianwan International, introduced.
The data shows that during the National Day holiday, the total number of visits to new real estate in the entire Wuxi Economic and Technological Development Zone increased by nearly 200%, and the popularity is not inferior to popular attractions. Yang Bikang also has a similar feeling: "Our house plan No. 4 has been used up, and 1,000 copies of each house type have been temporarily printed. Not only that, but he also found that the customer's transaction cycle has been significantly shortened, which used to take about 1 month, but now many customers make a decision in just a few days, or even one day. During the holiday, he was impressed by such a couple who wanted to improve their housing, they came to the sales office of Xinglan Yundi at 9 a.m. on the 3rd, and felt that the community environment, supporting facilities and other conditions met the needs, and confirmed the listing at 3 p.m. and successfully subscribed.
"Wuxi Economic and Technological Development Zone is bordered by Taihu Lake in the south and Lihu Lake in the north, with convenient transportation, and has unique natural resources such as Gonghu Bay and Taihu Lake, and the future is promising." Zhang Huaqing, marketing director of Wuxi Taihu New City Urban Development Co., Ltd., said that there are many advantages that can be cashed in Wuxi Economic and Technological Development Zone, such as K11 Select and Olympic Sports Center. In addition to school districts, work and other factors, many buyers will also buy houses for the housing quality, natural environment and future development of Wuxi Economic and Technological Development Zone, and these are the factors that many improvement buyers value.
The reporter found that a considerable part of the flow of buyers is for the benefit of "trade-in", especially willing to "pay" for the convenience of the replacement process. Mr. Liang, who originally lived in the Yihe Bay of CUHK, wanted to sell his old house where he had lived for more than 20 years for improvement before 2022, but because the buying and selling process required a lot of time and energy to "pull" with agents and property watchers, he has been put on hold. "We still live in the house, and every time someone comes to see us, we have to stay at home to receive them." The cumbersome process made Mr. Liang physically and mentally exhausted, "As soon as I saw that I could trade in the old for the new, I went to the Qianwan International Sales Office on September 1 to register." As one of the first batch of high-quality residential areas in Wuxi, Mr. Liang was favored by Mr. Liang for the real-life swimming pool, landscape and lobby displayed by Qianwan International, and he happily paid the deposit at the sales office on the day the appraisal price was issued.
During the National Day, the transaction volume of "trade-in" in Wuxi Economic and Technological Development Zone can be described as eye-catching: nearly 100 sets of trade-in and unpacking evaluation reports have been accumulated, more than 60 sets have been sold, and more than 80 groups of intent funds have been registered and paid within 7 days. In fact, since the trade-in business was launched on August 27, the registration and transaction enthusiasm has remained high, and the first batch of 200 places has entered the countdown.
According to the analysis of industry insiders, the housing boom is the result of the joint efforts of the central and local governments, especially the buyers who trade in the old for the new, and they are more confident when they see that the price of the new real estate that can be exchanged is stable. Zhang Huaqing believes that under the superposition of multiple benefits, "trade-in" has also solved the problems of "old houses cannot be sold, new houses cannot be bought" and long transaction cycles of second-hand houses for buyers. Not only that, the existing stock of housing in Wuxi Economic Development Zone can also well meet the needs of buyers from rigid needs to improvements. In the future, more and more citizens will be willing to further optimize the core assets of their families and consider the growth space of real estate through this way.
Source: Wuxi Daily Editor: Yiyi