musk's "bottom-fishing" of chinese real estate is untrue, tesla responded by calling it "fake news"
2024-09-05
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on september 5, news spread that musk bought a house in beijing. videos on social media platforms showed that elon musk purchased an aerial courtyard house at no. 8 xiaoyun road, beijing, for us$150 million.
public information shows that no. 8 xiaoyun road, beijing is also known as "manhe beijing". the project was created by hopson development and adrian zecha. the apartment types range from 514.8 square meters to 1,040 square meters, mainly five-bedroom and above apartments. the aerial courtyard is priced at up to 500,000 yuan per square meter.
did musk really buy a house in beijing? tesla responded to yicai global: "fake news."
the intermediary in charge of sales for the no. 8 xiaoyun road project also stated that the above news was untrue. the recent transaction record of the aerial courtyard was purchased by a wealthy man from henan in the name of a company, not by musk as rumored.
another agent who specializes in the sales of high-end luxury homes in beijing said that if it was really bought, there would definitely be a confidentiality agreement and it would not be announced in this way. the above news is not true and there is no corresponding transaction shown in the company's sales control table.
no. 8 xiaoyun road, which is caught up in the rumor this time, is one of beijing's top luxury housing projects. it was originally built by the "guangdong-based real estate developer" hopson development. as early as 2008, the project obtained its first pre-sale certificate with a pre-sale price of 80,000 to 120,000 yuan per square meter. at that time, the average residential sales price around the fourth ring road in beijing was only 12,000 yuan per square meter.
the super-high-priced luxury homes brought rich results to hopson development at that time and became the main sales contributor in beijing. however, the pace of external sales of the project slowed down later. it was not until zhu jirong, the successor of hopson development, took office that the project was renamed manhe beijing and re-launched, and jointly built with the father of aman hotels.
the external sales price of manhe beijing is not low either. the average sales price of the project is 167,000 yuan/square meter. the total price of a 450-square-meter flat starts at 70 million yuan. the price of the aerial courtyard is over 400 million yuan, and the area is about 1,000 square meters.
the above-mentioned luxury real estate agent told the reporter that this project has a total of 9 buildings, of which building 1 is owned by the developer, building 2 has not yet been sold, buildings 3, 5, 6, and 7 are generally called no. 8 xiaoyun road, and buildings 8, 9, and 10 are generally called manhe beijing. they are all in the same community, the difference is that the property management companies are different.
the above-mentioned intermediary said that the capital verification threshold for viewing sky courtyard is more than 50 million yuan, and the house price is more than 450 million yuan, and the specific price is "different for each customer". "for such a large house, it depends on the customer's payment method. each unit can be negotiated with the developer for a payment plan, which can be full payment or installment payment. the transaction price depends on how long it takes to complete the house payment."
"manhe also released 10 houses yesterday, but these houses come with leases. they were previously executive apartments, and the lease period is until the end of 2026." the above-mentioned agent said that apart from these 10 houses, the project also has new houses of 520 square meters and 900 square meters, but the number is small, and there are only a few sky courtyards in total.
although the news of musk buying a house is false, according to the above-mentioned luxury house agency, although the overall real estate market is not good at the moment, the transaction volume of luxury houses in beijing is still good. judging from the second-hand housing situation, eight second-hand houses were sold at no. 8 xiaoyun road this year, with prices ranging from 40 million to 60 million yuan. if you add the new houses, the number should be even higher.
from the performance of hopson development, the group's sales in the first half of the year were 8.85 billion yuan, a year-on-year decrease of 44.9%; affected by the sales product structure, the average property price was 26,955 yuan per square meter, a year-on-year decrease of 24%. among them, there are 16 projects on sale in beijing and tianjin, with manhe beijing and hopson manyun as the main sources of sales.
(this article comes from china business network)
