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the price of second-hand parking spaces in hangzhou is as high as 850,000 yuan.

2024-09-21

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qianjiang evening news
since the beginning of this year, there have been many news reports about the price reduction of parking spaces, which can be basically divided into two categories. one is that the parking spaces left in the hands of developers are sold at a significant price reduction, which is in sharp contrast to the parking space prices in the new home sales stage. the other is that the popularity of second-hand parking spaces is not enough. in the environment where second-hand homes are sold at a price-for-volume ratio, parking spaces cannot be sold at a high price.
is it true that the parking space purchased at a high price when buying a new house will only drop in value and not increase in value after delivery?
chao news reporter sorted out the parking space ratio and second-hand parking space price of 100 communities, and compared the purchase price of parking spaces. whether the price of second-hand parking spaces rises or falls is most closely related to the location and ratio of the community.
mid- to high-end projects in the city center
second-hand parking space prices are the strongest
among the 100 residential communities sampled by chao news’ better life research institute, the ones where second-hand parking spaces can still be sold at high prices are all mid-to-high-end projects located in the core areas of the city, especially in areas where some old luxury homes are concentrated, such as wulin, nanxingqiao, huanglong, wenjiao, qiaoxi, etc. among them, there are 10 real estate projects with second-hand parking spaces priced at more than 500,000 yuan each, including wulin no. 1, liu'an xiaofeng, yudao road no. 1, and emerald coast.
in these high-end residential areas with superior locations, the owners have a greater demand for parking spaces. even if the ratio is higher than that of ordinary real estate projects, there is still a shortage of parking spaces. therefore, parking spaces are very valuable. the purchase price of parking spaces in some residential areas has increased a lot compared to the purchase price of new houses. the most typical example is wulin no. 1. although the parking space ratio is as high as 1:2, a family basically has three cars, so parking spaces are in short supply, and the price of second-hand parking spaces is as high as 850,000 yuan. during the new house sales stage of the two real estate projects, emerald coast and huanglong yunqi, the price of a single parking space was 500,000 yuan. today, the price of second-hand parking spaces in the two communities remains at around 500,000 yuan.
if the parking space ratio of such mid- to high-end projects is insufficient, the demand for parking spaces will be even more severe, and the price will naturally rise. green garden and world trade regent city, two old high-end residential complexes in the city center, have parking space ratios of only 1:0.4 and 1:0.8 respectively, which is obviously "not enough" today, so the prices of second-hand parking spaces in the two communities have been very strong, about 500,000 yuan.
parking space ratio has the greatest impact on price
the prices of properties in the suburbs that have strong demand and investors are mostly reduced.
unlike luxury residential properties, the demand for parking spaces by owners in most residential communities is usually less than two, so the parking space ratio in the residential community is almost a decisive factor in the price of second-hand parking spaces. generally speaking, the lower the ratio, the higher the price will be due to the shortage of parking spaces. for example, the parking space ratio of xinsheng dongfang fudi in shenhua and qiantang mansion in jingfang is less than 1:1, and the current second-hand parking space price is around 350,000 yuan. even lvdu yujing blue bay, which is far away in yiqiao, has a parking space ratio of only 1:0.6, so the current second-hand parking space price is around 210,000 yuan.
image source: visual china
however, for the just-needed housing in the suburbs, even if the parking space allocation in the community is relatively low, the second-hand parking space is still not sold at a high price, and it has dropped a lot compared to the purchase price. it can be clearly seen from the sampled communities that there are now as many as 46 second-hand parking spaces with a price of less than 200,000 yuan, and they are basically just-needed housing in the periphery, and many of them have a parking space ratio of less than 1:1. the purchase price of the parking space in the rongxin lantian project in the liangzhu section was 210,000 yuan, and now the second-hand price has dropped to 100,000 yuan.
another type of community with a larger drop in prices is the real estate projects with more investors, including some of the popular properties that were once popular through lottery. since investors have no demand for parking spaces, the parking spaces in these real estate projects are not sold well during the new home sales stage and remain in the hands of the developers. after delivery, the remaining parking spaces are either sold directly at a reduced price or sold to third-party companies by the developers at a very low discount. the price is often much lower than the original purchase price, which has a direct impact on the price system of second-hand parking spaces in the community. for example, the seattle project, which once created a lottery for tens of thousands of people, had a purchase price of 280,000 to 290,000 yuan for parking spaces, but now the price of second-hand parking spaces is only 100,000 yuan.
parking space bundled with red plate
buy and lose
on the one hand, there are constant news about the price reduction of parking spaces, and on the other hand, in the hangzhou real estate market, there are still real estate projects that bundle parking spaces for sale, which naturally refers to some popular projects with low winning rates. however, according to statistics from the chao news better life research institute, the parking spaces bundled with these hot real estate projects are basically a loss after purchase, and the second-hand parking spaces in the community will most likely not be sold at the purchase price in the future.
in fact, if you want to buy a hot property now, you have to bear the cost of losing money on parking spaces. in some newly delivered residential communities, the prices of second-hand parking spaces are far lower than the purchase price. binkang tianyaocheng, which was just delivered this year, had a parking space purchased at 490,000 yuan, and the current second-hand price is 400,000 yuan; the parking space of coral century garden in zhijiang area has dropped from 380,000 yuan when it was purchased to 280,000 yuan today; the parking space of chunfeng jinsha project, which was 390,000 yuan during the new home sales stage, is now only about 250,000 yuan. even for high-end projects such as hangzhou no. 1 courtyard, the second-hand price of a parking space that was purchased at 500,000 yuan is only 450,000 yuan.
"whether in the past or now, many owners of popular properties that are bundled with parking spaces have the idea of ​​spreading the cost of the parking space into the house." a real estate company staff member said that in the years when the gap between first-hand and second-hand houses was high, both investors and homebuyers had high expectations for future second-hand housing prices, and buying a parking space at the same time as buying a house was not a loss. "but in today's second-hand housing market, there is even an embarrassing situation where the house is sold but the parking space is left rotting in the hands."
chao news reporter lou xiaosang huang lei graphics lan yunzi
editor-in-charge: he fangkun
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