China-Singapore Jingwei Client, January 22 (Meng Zhang) Recently, the National Bureau of Statistics released data on real estate development investment in 31 provinces in 2020.
See where your hometown ranks?
Guangdong, Jiangsu and Zhejiang ranked top three
Real estate development investment exceeds one trillion
In 2020, the national real estate development investment will be 14,144.4 billion yuan, of which the residential investment will be 104446 billion yuan.
In terms of provinces, Guangdong, Jiangsu, and Zhejiang ranked the top three in real estate development investment, each exceeding 1 trillion yuan.
Among them, Guangdong invested 1,731.274 billion yuan, and Jiangsu and Zhejiang invested 1,317.127 billion yuan and 1141.366 billion yuan respectively, ranking second and third.
A reporter from Sino-Singapore Jingwei found that since 2015-2020, the amount of investment in real estate development in Guangdong has been the first for 6 consecutive years.
Prior to this, from 2005 to 2014, the championship has been occupied by Jiangsu.
Chen Xiao, an analyst at the Zhuge Housing Research Center, told a reporter from Sino-Singapore Jingwei that Guangdong is favored by the Guangdong-Hong Kong-Macao Greater Bay Area policy. Hot cities are concentrated, high-tech industries are concentrated, and the population is strong, attracting branded real estate companies to enter and support. The development of the real estate market.
Jiangsu is located in the Yangtze River Delta. Core cities such as Shanghai, Hangzhou and Nanjing have a high level of economic development, attracting a large number of talents, and the real estate market has long been hot.
Zhao Xiuchi, vice president and secretary-general of the Beijing Real Estate Law Society and professor of Capital University of Economics and Business, pointed out in an interview with China-Singapore Jingwei that Guangdong is located in the Pearl River Delta urban agglomeration, and is also located in the Guangdong-Hong Kong-Macao Greater Bay Area that has been launched in recent years.
Jiangsu and Zhejiang are located in the Yangtze River Delta city cluster, and these provinces are all in the engine regions of economic development.
These places have pleasant climate, good environment, and very livable. Coupled with better education and medical facilities, the attractiveness of population and talents is strong.
Yan Yuejin, research director of the Think Tank Center of E-House Research Institute, analyzed that economic strength is consistent with real estate development investment data, and real estate development investment in provinces with strong economic strength and large GDP will also be better.
16 provinces grow faster than the whole country
9 places achieve double-digit growth
According to data from the National Bureau of Statistics, the national real estate development investment in 2020 increased by 7% year-on-year. In December 2020, the real estate development prosperity index was 100.76, an increase of 0.21 points from November.
In terms of provinces, a total of 16 provinces, including Tibet, Xinjiang, Guizhou, Inner Mongolia, Shaanxi, Sichuan, Shanghai, Jilin, Shanxi, Hunan, Shandong, Jiangsu, Guangdong, Yunnan, Gansu, and Ningxia, grew faster than the whole country.
Among them, Tibet, Xinjiang, Guizhou, Inner Mongolia, Shaanxi, Sichuan, Shanghai, Jilin, Shanxi and other nine places achieved double-digit growth rates in real estate development investment, with growth rates of 27.7%, 17.4%, 14.3%, and 12.9% respectively. , 12.8%, 11.3%, 11%, 11%, 10.5%.
Zhao Xiuchi believes that with the improvement of economic development, real estate companies have good expectations for future economic development and new urban construction, as well as the people's good life including housing and a good life with a balanced occupation and housing, and industry-city integration.
On the one hand, it shows that more and more provinces have completed economic and industrial adjustments and regained the upward trend; on the other hand, it shows that my country as a whole is still in the rapid development stage of the mid-urbanization period, and the people's demand for real estate is still very strong.
Chen Xiao pointed out that with the improvement of the epidemic situation and the advancement of the resumption of work and production of enterprises, the real estate market is receiving favorable policies, the overall monetary environment is loose, the backlog demand in the market is gradually released, the land market is booming, and high-quality land plots in core cities are frequently produced. Real estate companies are confident in investment. At the same time, under the epidemic situation, all regions rely more on real estate investment in terms of economic growth, and stable investment has become an important task.
Data map: a building site.
Photo by Zhang Meng, China-Singapore Jingwei
Expert: Real estate involves national economy and people's livelihood
Development investment may continue to rise in 2021
Aiming at the trend of real estate development investment in 2021, Chen Xiao predicts that real estate development investment in 2021 will continue a steady trend, with growth rates likely to fluctuate around 5%-8%.
In 2021, with the gradual recovery of the construction status, the growth rate of land acquisition will increase steadily, which will lead to a slight increase in real estate development investment.
In Zhao Xiuchi's view, real estate development investment will continue to rise in 2021.
Real estate involves the national economy and people’s livelihood. It is an important carrier inseparable from the people’s production and life. It not only provides living space, but also provides industrial support, as well as education, medical and transportation and other urban facilities supporting services. It is an important driving force for the construction of new urbanization, and the epidemic situation in my country is basically controlled. In the case of housing, real estate development investment may continue to rise as my country’s economy improves.
Yan Yuejin believes that high-speed rail planning and construction in many places will also stimulate real estate development investment, and real estate development investment will continue to rise in the future.
(Zhongxin Jingwei APP)
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