——Offering Large amount of Rigid-need Based Residential Buildings Indicates Steady Development of Chengdu’s Residential Market While Demand for High-quality Residential Buildings is Increasing
Overview and Current Status of Chengdu’s Residential Buildings
After several years’ development, Chengdu is on the way of becoming a first-tier city in China and Chengdu’s residential market is also experiencing updating. Chengdu’s building market pattern “rich south, expensive west, poor east and disordered north” has been completely replaced by the new pattern “rich south, expensive west, booming east and rising north”——
Expanding western Chengdu is as prosperous as before;
Southern Chengdu becomes more mature and international;
Eastern Chengdu has unlimited potential due to relocation;
Northern Chengdu presents new appearance due to reconstruction.
Increasing Supply and Demand in Residential Market
After reconstruction of northern Chengdu, urban expansion and implementation of five national policies on regulating the real estate market, Chengdu’s residential market increases steadily and the purchasing power is strong. Taking the situation in spring of 2014 as an example, Chengdu’s residential market is booming:
High-quality Residential Market with Huge Potential
With the rapid promotion of wealth level, life taste and spirit pursuit and constant updating of living requirements, Chengdu’s property purchasers’ demand for high-quality residential buildings grows year by year. From the quantity of sets of new residential houses (each above total price of 10000000 yuan) from 2010 to 2013, it is observed that Chengdu’s high-quality residential market has relatively huge potential.
Customized Services For Chengdu Luxury Residential Market
On December 19, 2013, Chengdu Vanke’s top-3-serires products including Five Dragon Mountain, Tianyi and Park No.5 made their debuts for the first time, aiming at helping creating Vanke’s customized exclusive and high-quality circle life.
On December 23, 2013, Chengdu ICC Sirius Throne provided only 42 top building products, declaring that 100 people-centered refined decoration customization innovations were applied. Accordingly, many refined decoration details shocked the public.
Prospects
As Chengdu is a city with comfortable environment, good education, medical and social security system, both local people and people from other places can enjoy the warm feeling of a home. For Chengdu’s residential market, based on the principle of “making good for deficiency, considering both local and alien factors”, more international needs are combined with Chengdu’s landscape culture so that the latest international life style is brought in. As a melting pot for different cultures and a city with complete facilities, Chengdu is bound to make its residential market prosperous and make new achievements in the future！
