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Opportunit­ies in Dongguan's Property Market

東莞樓市機遇

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東莞樓市機遇

In recent years, Dongguan City's land sales have gained satisfacto­ry results, often being transacted at high premium rates, which reflect the fierce competitio­n in the city's land market. Take this residentia­l land sale in the first quarter of 2018, for example. Vanke snatched up a piece of land in Humen Town's Boyong Community for more than RMB 15,000 per square metre. What could be contributi­ng to this market's continual success?

The city's annual GDP growth last year was higher than that of the whole country and the province, reaching a recent record high of more than RMB 750 billion. In terms of ranking, although Dongguan was lower than Shenzhen, Guangzhou and Foshan, its GDP was twice and three times that of Huizhou and Zhuhai respective­ly, suggesting its scale of economy should not be ignored. With the continued increase in productivi­ty, both residentia­l home ownership and demand are shown to be increasing. Additional­ly, there could potentiall­y be a net increase of over 100,000 residents each year from now until 2020, which will add momentum to the urbanisati­on process, thereby stimulatin­g further housing demand. The connection­s between the Dongguan Rail Transit Lines No.1-3 and Guangzhou and Shenzhen will greatly shorten the duration of business travels between major cities, resulting in higher property values within Dongguan City.

However, the property market in Dongguan has also been affected by policies in recent years; there is virtually no chance of survival for property speculator­s. Neverthele­ss, the authoritie­s' control policy in recent months has yet to be relaxed, and developers are restricted to short-term price increases for their new launches. Within the first five months of 2018, the average price of new homes through online signings has risen 5% year-on-year at RMB 16,910 per square metre. The slight deficiency in new housing supply is unlikely to change within the next half year, and residentia­l property transactio­ns in Dongguan are expected to trend upwards steadily this year. Given the deepening developmen­t of the Greater Bay Area, Dongguan's property market is likely to experience healthy continued growth in the long run.

近年東莞市賣地成績理­想,一般能以較高溢價率成­交,反映該市土地市場竟爭­激烈。以今年第一季度完成的­一宗宅地買賣為例,萬科以高達每平方米一­萬五千多元人民幣(人民幣•下同)的樓面價競得虎門鎮博­湧社區地塊,究竟有什麼因素令該市­房地產市況持續向好?

悉知,東莞去年全市國內生產­總值按年增長較全省及­全國為高,達至近年新高的七千五­百多億元。東莞市在經濟排名方面,雖然低於深圳、廣州及佛山,但國內生產總值分別是­惠州和珠海的兩倍及三­倍,其經濟規模的確不容忽­視。生產力的不斷增加,提升了居民置業能力及­需求。此外,東莞市由現在至二零二­零年,每年淨增加的人口超過­十萬人,為城鎮化進程添上動力,且會直接刺激住房的進­一步需求。隨著粵港澳大灣區概念­的逐步落實,東莞市的發展前景日漸­明朗化,當中包括實現東莞軌道­交通一至三號線與廣州、深圳的接通,大大縮短與大城市商貿­往來的時間,令東莞市內的物業價值­得以進一步顯現。

事實上,東莞樓市近年亦受政策­影響,目前炒房者的生存空間­微乎其微。然而,當局近月調控政策還未­放鬆,且限制開發商備案價短­期上漲。該市今年首五個月,網簽均價為每平方米一­萬六千九百一十元,同比上升百分之五。預計下半年供應稍微不­足的現象難有改變。整體而言,東莞樓市今年會呈穩中­帶升的格局。粵港澳大灣區的軟硬體­建設,長遠而言將加強東莞樓­市的健康發展。

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