Since this year, nanjing's second-hand room has been traded in a crazy backlash. The cut-off in april was directly high for almost a year。
We know, however, that the biggest characteristic of second-hand house prices is the high degree of marketability, which truly reflects the outcome of the game between buyers and sellers. In the second-hand room in nanjing, there is a serious price split:
On the one hand, kim ki-moon forest, 100 lake house gardens, etc., the price of the scarce and low-intensity products sold at single prices continues to rise, and tens of thousands of new mansions are set
On the one hand, the chrysin city, the ocean landscape hall, and the golden land, which have been in demand since the fall of the outer suburbs like the city, can take over 90 flats at a minimum price of over 300,000。
What is the truth behind such a split price
01
Let's look at the recent polarized transaction data。
Prices are strong and even negative, mostly for sub-new houses with few options for replacement at the core。
One of the “heads” of the nanjing villa market, the kimki forest of september, has a combined capacity of only 0. 5, mainly for the single house product。
In march of this year, a set of 254 m2 of five-room three-bedroom models was concluded for the design of two basements (with a separate garage) and three floors (one garden and two and three terraces) at a total cost of $11 million and a unit price of over 43,000, with the maximum second-hand unit price for the district being updated。
The 100 lake house gardens, located at the jian ning nuclear site, is also record-breaking. In april this year, a 225-m2 three-storey villa was sold at a total price of $157. 8 million and a unit price of over 70,000。
At the foot of jiang ning fong mountain, you have had over 200 m2 villas since this year, and the unit price is generally 10,000+/m2 higher than it is under 200 m2。
Kim ki gin international, in the west of the river, has had a small household-type unit price of 24-40 million/m2 since this year. However, in january and march, the two 269m2 villas were closed at a steady total price of 20 million+. Of these, the package, with a unit price of nearly 87,000/m2, was closed in early march, and the used room in the sub-district was replaced with a single-price ceiling。
In the middle of the riverside, there is almost no supply of new housing under the tens of thousands, so that the second-hand house prices for yusheng and yuen-guo, nishi and shizu are still strong。
Of these, the unit prices for the sakaki and source a regions have risen steadily since the beginning of the year, with several sets of units in place in april at over 50,000。
The first-generation villa of sensif, also emerged from independence。
Zhongshan's owners have been selling them, and for many years there have been almost no second-hand houses. The transaction logs available on the open platform show that the sub-regions had a 300 m2+ three-storey villa (with an additional level of underground space) that had stabilized at more than 16 million, with a unit price above 42 million。
When the main, high-level new housing prices were “tumbled down”, the house in the iyun creek valley was sold at a much higher rate, with a set of 266 m25 units sold at more than $45,000 in february。
The delivery of a second-hand chamber in the southern city of new city last summer has been steadily increasing, with a 124-m2 set of three-room units at over 46,000 at the end of march, bringing it to a new high。
The third issue of the drum building, a 1542-m layer, is sold at a unit price of 61 000/m2, which is much higher than that of a small, flat household。
This is basically the top school district of the phoenix +29 primary school and the dual enjoyment of a good residential experience。
02
By contrast, the second-hand room in some of nanjing's remote suburbs, atypical homes, is in a very bad state。
A second-hand room with a single price of 22,000/m2 was found in the town of twister at jiang ning lok. The market shuffled the cards, and the trade-off in the district fell。
This year, a total of more than half a million will be able to buy 117m2 rooms in the subdistrict; in march, a set of 85m2 rooms was sold at a total price of 320,000, resulting in a new low unit price, which could not be exceeded。
In 2023, the second-hand room was sold to $16,000/m2, at a unit price of only $6,000/m2。
The same is true of the new city of the jiangning river。
The hsien gyeong pil international of jiangning 100 lake is a 70-year-old tenement of property in the vicinity of the mt。
In 2018, the unit value of second-hand rooms in the sub-districts was generally at 32,000/m2 and now stands at only 10,000. Taking the example of a small household of about 45 m2, at the peak, more than 1. 5 million people would have to buy it, and now half a million would have to be taken down and the water would have to shrink directly。
There is also an innovative low house price in the hatoyama-based hato-kung yun zhuland. This year, for example, 117m2 of the four rooms could save $410,000 compared to a year ago。
The one with rainflowers, also 39m2, was bought five years ago and spent nearly 1. 14 million more。
From the second block of the city, the golden land of panhashi is now worth around 450,000 and can now be bought in 63m2 houses. Eight years ago, 1. 48 million of the same household size was taken; 85m2 households are also shrunk by millions。
The kim mau village of the drum house, with 66m2 families worth 2. 1 million five years ago, is now available for 580,000。
In the twelfth block of tianjin city, north of the bridge, the second-hand room was sold at more than $26,000/m2 between 2018 and 2019. Today, 81m2 have a unit price of less than $8,000, and the total price is less than $640,000, equivalent to almost 30 per cent of the initial payment of 7 or 8 years ago。
03
For example, the 2. 338 million gfi and 320,000 twilight screen are no longer part of the same market。
The former are assets that are bought for possession, while the latter are consumer goods that are used to meet immediate demand for occupancy. This is a fundamental answer to the deep-seated reasons why the current second-hand house prices in nanjing are highly differentiated。
It's like three points。
First, the rebound in the real estate market and the price segmentation resulting from the more market-oriented second-hand house trade are, in fact, the differentiation of demand and mood for purchases。
From the depth adjustments in 2024 to price-for-money swaps in 2025 and to this year's moderate recovery, the nanjing used-room market has emerged from a clear line。
Since the beginning of the year, there has been a steady increase in the volume of second-hand houses traded, stock has fallen, prices of some quality sub-news have begun to rebound, and the market is moving from prices to the rehabilitation phase of price recovery。
This has led to a re-washing of purchasing power, the continued dominance of transactional structures by low gross-cost housing sources and the “retributive” of scarcely improved quality assets. This, in our view, is the prudent and best-fit choice made by everyone after a combination of income expectations, looking at new houses on the market。
Second, the large demand plus the extremely scarce fragmentation has led to a “quantitative deviation” in the nanjing used room。
It is not difficult to understand that the market is now being repaired in warmer and warmer conditions, but that there is a clear separation between the main sources of the deal and the price increases:
Volume, at low gross house price. Data from the good house selection program show that, in the first quarter of this year, the total value of second-hand houses closed in nanjing amounted to less than 2 million (76. 6 per cent) and the area distribution was 90 m2 and below (54 per cent)。
Price, in scarce products. The large houses represented by kim kikwan international, the 100 lake house gardens and the september forest of kim ki-moon have emerged from the isolation, low-intensity and scarceness of their ranks。
Thirdly, fragmentation was not formed this year, as a result of the mismatch of products, needs, resources, etc. Over the years。
On the one hand, it is difficult to replicate bulk products that occupy the core, enjoy a full-dimensional package and have a scarce low density, and prices can naturally run the cycle。
On the other hand, in some sub-regions where housing prices are sunk, there are widespread pockets of remoteness, premature matching, obsolete products, etc。
The core problem, for example, is the huge homogenized supply of nearly 7,000 households in the sub-districts, which is competitive enough even with 10 per cent of the housing stock. Added to the fact that the small area is located in a remote suburban area such as loku, the slow import of the industry and the lag in its accompanying cash, the second-hand house-stamping deal is an approximate event。
In general, the second-hand house trade directly links the real financial resources of the buyer, reflecting changes in residential needs, income expectations, etc. The polarization of prices is precisely a sign of a re-engineering of the value of new houses and a more mature market。
