How about a house in Pingshan, Shenzhen? The latest market analysis and hot spot interpretation in 2024
With the acceleration of urbanization in Shenzhen, Pingshan District, as a key development area in the east, has recently become the focus of heated discussion among home buyers. This article will combine hot topics on the Internet in the past 10 days to provide you with an in-depth analysis of the current situation of Pingshan real estate from the dimensions of housing prices, supporting facilities, policies, etc.
1. Latest data on housing prices in Pingshan (updated in January 2024)
| Property type | Average price (yuan/㎡) | Month-on-month change | Popular properties |
|---|---|---|---|
| new house residential | 38,500-42,000 | ↑1.2% | Jiahua Lingyue Plaza, Xincheng Yanlan Heming |
| Second-hand house | 32,000-36,800 | ↓0.8% | Vanke Jinyu Dongjun, Ligao Junyu International |
| apartment | 28,000-33,000 | flat | Longguangjiu Yazhu, Taifu Huayue Metropolis |
2. Three recent core hot spots
1.Construction of the east extension section of Line 14 begins: The plan for the east extension of Metro Line 14 to the central area of Pingshan has been approved and is expected to be opened to traffic in 2027, driving a 35% increase in real estate inquiries along the line.
2.Centralized supply of talent rooms: The first batch of talent housing in Pingshan will be available for sale in 2024, with an average price of 22,000/㎡ (40% off the market price). The application requirements are relaxed to a bachelor's degree.
3.BYD Industrial Park expansion: The agglomeration effect of the new energy vehicle industry is significant. The surrounding rental demand has increased by 20% year-on-year, and the monthly rent of single rooms has increased by 15%.
3. Supporting maturity assessment
| Package type | Existing facilities | Projects under construction | Satisfaction score |
|---|---|---|---|
| education | 12 primary and secondary schools including Pingshan Experimental School | Shenzhen Middle School Pingshan Branch (Enrollment in 2025) | ★★★☆ |
| medical | Pingshan District People's Hospital | The Third Children’s Hospital of the City (to be completed in 2026) | ★★★ |
| business | 6 complexes including Yitian Holiday World | China Resources Vientiane Commercial Department (under planning) | ★★★☆ |
4. Real reviews from home buyers
Advantages:Evaluations such as "You can buy three houses with a total price of 3 million", "Clear industrial planning", "Air quality is better than in the west" accounted for 62%;
Concerns:Feedback such as "long commuting time", "insufficient large tertiary hospitals" and "commercial quality needs to be improved" accounted for 38%.
5. Expert advice
1. Customers with immediate needs can pay attention to the Pingshan Central District subway subway. It is recommended to choose projects where the developer has built a school;
2. Investments need to be prudent and priority should be given to high-quality residences within 3 kilometers of Pingshan High-tech Zone;
3. Pay attention to the TOD planning progress of the "Shenzhen-Shantou High-Speed Railway Pingshan Station", and the detailed plan is expected to be announced in the second quarter of 2024.
Summary:Pingshan real estate is suitable for buyers with limited budgets and long-term development. The current price is still at a low value, but the cycle of supporting facilities needs to be viewed rationally. It is recommended to make a decision based on your own commuting needs and financial planning.
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