How much does a villa in Chengdu cost? The latest market situation analysis in 2024
In recent years, Chengdu's high-end residential market has continued to heat up, and villas, as a scarce resource, have attracted much attention. This article will combine the hot topics on the Internet in the past 10 days to provide you with a structured analysis of the price of villas in Chengdu and provide reference for purchasing a house.
1. Price range distribution of villas in Chengdu (data from May 2024)
| area | Average price (yuan/㎡) | Total price range | Typical real estate |
|---|---|---|---|
| High-tech Zone | 45,000-80,000 | 12-50 million | Yintai Center Huayue Mansion |
| Tianfu New District | 35,000-60,000 | 8-30 million | Azure Cartier Garden City |
| Shuangliu District | 25,000-40,000 | 6-20 million | Muma Mountain Côte d'Azur |
| Qingyang District | 40,000-70,000 | 10-40 million | Jinshachenyuan |
| Pidu District | 18,000-30,000 | 4 million-15 million | Dragon Lake Flamenco |
2. Core factors affecting prices
1.lot value: The unit price of villas in the Financial City section of the High-tech Zone is 30%-50% higher than that in surrounding areas. The maturity of supporting facilities and the resources of the school district have a significant impact on the premium.
2.product type: The average price of single-family villas is 1.8 times that of townhouses. Recent market data shows:
| Product form | average premium rate | Main area segment |
|---|---|---|
| Single family villa | +65% | 350-800㎡ |
| Duplex villa | +30% | 250-400㎡ |
| Townhouse | base price | 180-300㎡ |
3.Developer brand: The projects of TOP20 developers such as Greentown and Longfor have a premium of 15%-25% compared to the products of local real estate companies in the same location.
3. Recent market trends
1.policy impact: Chengdu's policy of "no purchase restrictions on housing below 144 square meters" implemented on May 1 has driven a 40% increase in the number of inquiries in the villa market.
2.Popular transaction cases:
| Transaction time | Project name | area | Transaction price | unit price |
|---|---|---|---|---|
| 2024.5.10 | Luhu Eco-City | 420㎡ | 28.6 million | 68,095 yuan/㎡ |
| 2024.5.15 | West Pai Lan'an | 380㎡ | 22.8 million | 60,000 yuan/㎡ |
4. Purchase suggestions
1.budget match: It is recommended to select regions based on total price affordability. For budgets below 8 million, focus on Wenjiang and Pidu Districts; for budgets above 20 million, priority should be given to high-tech zones.
2.value-added potential: The supporting facilities under construction in the Tianfu New District Central Business District will be realized in 2026. The current price is 20%-30% lower than that in mature areas, and it has investment value.
3.tax cost: An additional 5.6% of the total price needs to be reserved for deed tax, value-added tax and other fees. Second-hand villas that have been five years old can be exempted from part of the tax.
5. Forecast of future trends
According to the latest report from Jones Lang LaSalle, Chengdu's high-end residential market still maintains an annual growth rate of 6%-8%, and villa products will continue to be scarce due to land supply constraints. It is recommended that home buyers with improvement needs pay attention to the window period before the traditional sales peak season in the third quarter.
(Note: The data statistics in this article are as of May 20, 2024, and are collected from public data on platforms such as Lianjia, Anjuke, and Cryptozoology. The specific price is subject to actual transactions)
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