Today's second-hand house market, with a silent roll-out of the $170,000 mark, the big plates are occasionally playing the "wrong stories" and a group of owners with varying degrees of shrinking wealth。
- recently, a list of the top10 subdistricts of nanjing, which dropped prices in april 2023, was made public. Of these, the mid-seat junction gate in the drum building sector, which fell by 10. 16 per cent, was the hardest hit in nanjing's hotspot, where average prices fell by $3437/m2 last month
This was followed by the first phase of a fall of 8. 67 per cent at wan jin hei-chai, in the puguchi region, and the third-highest decline of 7. 45 per cent at kim kikwan international, which built the district。

The central sea is located on the north-central hill road in the drum building area, next to the sub-district with the 5 metro salt silo bridge (under construction) and the surroundings with the second-largest annex of the south medical hospital, etc., which are mature and easy to live。

It is now 14 years since the establishment of the central sea triumph gate in 2009. The small sector consists of four 65-year-old apartments and villas, as well as kindergartens, and the side of the street consists of commercial living areas, the first large complex project in the city at that time。

Of a total of four 65-year-old apartments, one or four are tops of more than 20 floors, and two or three are uppers of more than 30 floors, mainly of about 30-50 m2。

The outside of the building is a stone design

It's a hotel-like plaza when you get into the neighborhood

Hotel entrance

Mailbox lockers

The apartment was partially rented because of the low total price and the proximity (in progress) of the salt bridge station on line 5 of the subway, which at one time attracted some investors to buy it。
However, housing prices in the sub-districts have been falling for years, which has left investors who had previously been “deterred” in appreciation to their credit。
According to the latest transaction data, on 9 april this year, the sub-districts entered into a single suite of approximately 44. 56 m2, with a total value of $1155,000 and a unit price of $25921/m2。

This price is about $5,000 down from 2017. On 5 may 2017, approximately 44. 59 m2 flats were closed in the subdistricts for a total value of $1. 38 million and $30949/m2。

On april 4th this year, about 33. 95m2 flats were sold in the sub-districts at a total value of $0. 8 million and $23565/m2。

However, there was also no reversal - on 31 march 2019, approximately 34. 58 m2 flats were sold in the subdistricts at a total value of $1. 02 million and $29497/m2。

Looking at the whole used-room market, nanjing's second-hand-room listings have reached an all-time high of 170,000. Prices were at a low of nearly a year - in april, the average price of the new registered housing stock in nanjing was 33637 yuan/m2, a 5. 3 per cent decline in the ring。

In terms of turnover, in april, a total of 11,000 sets of second-hand rooms were sold throughout nanjing, a 13 per cent decline in the ring, but in real terms they rose。
The current market, which is in a recovery phase and is more common at price swaps, is now at a low cost for those who need to buy a house, or should take advantage of the opportunity to get in a car, whether a new or second-hand room。




