[A Week to Watch] Shenzhen Urban Development Information (No. 15, 2022)


 A week to watch.

17 October 2022-23 October 2022

No. 15 Speng Group

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 04 Industry information

urban development]

The top 20 report set the tone for real estate in the next five years: rent and purchase.

In the third quarter, the commercial market demand was weak, and cost reduction and efficiency increase became the main theme.

In October, the first mortgage interest rate continued to decline, more than ten cities into the "3 era"

land transaction]

Shenzhen Land and Real Estate Trading Center Releases Announcement on Listing and Assignment of 1 Land Plot

 08 Project information

urban renewal]

• Each district updated 8 urban renewal project information, including 2 in Longgang District, 1 in Baoan District, 1 in Futian District, 1 in Guangming District and 3 in Longhua District.

land preparation]

• None

 

 

Industry Information

 01The top 20 report set the tone for the next five years of real estate: rent and purchase.

[October 16]]

The 20th National Congress of the Communist Party of China opens in Beijing.

This meeting clarified the development direction of Chinese-style modernization in the next five years. Based on this, the relevant expressions at the real estate level are worthy of attention.

 

 02In the third quarter, the commercial market demand was weak, and cost reduction and efficiency were the main tone.

Recently, real estate services and consulting firm DTZ released the Shenzhen office and retail market newsletter for the third quarter of 2022.

Research shows:

Enterprises focus on reducing costs and increasing efficiency, and the new demand for office buildings in Shenzhen is generally weak in the third quarter.

Prudent style expected to continue, office market recovery depends on improved economic expectations

Multiple rounds of epidemics increased pressure on commercial markets, with the city's average vacancy rate rising in the third quarter

Merchants are more cautious in opening stores, and supply is expected to be extended to the fourth quarter during the year.

 

 03October first mortgage interest rates continue to decline, more than ten cities into the "3 era"

[October 20]]

The People's Bank of China authorized the National Interbank Lending Center to announce that the 1-year LPR was 3.65 percent and the 5-year + LPR was 4.3 percent, both unchanged from last month.

Short-term LPR remains stable as current liquidity remains reasonably abundant and monetary policy needs to balance internal and external balance. On the other hand, although the loan market quotation interest rate remains unchanged this month, for the first home loan interest rate, there is a further downward trend, and even more than 10 cities have entered the "3 era".

 

 04Shenzhen Land and Real Estate Trading Center Releases Announcement on Listing and Assignment of 1 Land Plot

 

 

Project Information

urban renewal project information]

Each district updated 8 urban renewal project information, including 2 in Longgang District, 1 in Baoan District, 1 in Futian District, 1 in Guangming District and 3 in Longhua District.

 

 01Longgang District Longcheng Street Tifa Longfei Industrial Park Urban Renewal Unit

The project is located in Longcheng Street, Longgang District, and has been approved by the 17th Business Meeting of Longgang District Urban Renewal and Land Preparation Bureau in 2022. The land area to be demolished and reconstructed is 41860 square meters, and the direction to be updated is general industry and other functions.

Subject: Shenzhen Wanxiang Investment Co., Ltd.

 02Baoan District Fuhai Street Zhouming Science and Technology Industrial Park Urban Renewal Project Implementation Subject Publicity

The project is located at the intersection of Chongqing Road and Tianfu Road, Fuhai Street, Baoan District, Shenzhen. The project renewal unit plan was reviewed and approved by the 24th meeting of the Architecture and Environmental Art Committee of Shenzhen Urban Planning Commission in 2021. The land area of the renewal unit is 13344.0 square meters, the demolition land area is 13344.0 square meters, and the development and construction land area is 10344.0 square meters.

Subject: Hongsheng Fu Electronics (Shenzhen) Co., Ltd.

 03Approval of Construction Land for Phase II Urban Renewal Project of Shangmeilin Village, Meilin Street, Futian District

The district government has reviewed and approved the construction land for the second phase of urban renewal project in Shangmeilin Village, Meilin Street, Futian District, and issued the ''Approval of the People's Government of Futian District on the Land for the Second Phase of Urban Renewal Project in Shangmeilin Village, Meilin Street, Futian District'' (Fufu Han [2022] No. 133), which is now disclosed in accordance with the provisions of Article 18 of the "Shenzhen City Land Approval Regulations on Demolition and Rebuilding of Urban Renewal Renewal Project.

 04Announcement of Verification Results of Property Owners of Urban Renewal Project (First Batch) in Nanmu Che District, Fucheng Street, Longhua District

The project is located on the southeast side of the intersection of Guanlan Avenue and Guanlan Renmin Road in Fucheng Street. It has been included in the Third Batch of Urban Renewal Unit Plan in Longhua District, Shenzhen City in 2019, and the plan (draft) was released in March this year. The land area of the renewal unit is 106739.0 square meters, and the land area of the demolition area is 106653.1 square meters. The first batch of properties within the scope of this batch of publicity project is 70 buildings.

Subject: Shenzhen Minji Real Estate Development Co., Ltd.

 05Planning of Urban Renewal Unit of Longtaisheng Car Material Factory, Dalang Street, Longhua District

The urban renewal unit of Longtaisheng Car Material Factory in Dalang Street is to be demolished with an area of 10708 ㎡, and the direction of renewal is ordinary industry. The land area to be handed over to the government within the scope of demolition should be not less than 3000 ㎡, the proposed contribution rate should be not less than 28.0, and the planned industry and supporting space should be 42000 square meters.

Subject: Shenzhen Yilin Industrial Co., Ltd.

 06Publicity of Willingness of Urban Renewal Unit (Scope Adjustment) of Shouxin Square in Guihua Community, guanlan street, Longhua District

Located on the southwest side of the intersection of Yuexing Road (Planning) and Linbao Street (Planning) in Guanlan Street, the urban renewal unit has been included in the First Batch of Urban Renewal Unit Plan of Longhua District, Shenzhen City in 2021.

Subject: Shenzhen Xinhuiyuan Investment Co., Ltd.

 07Longgang District Longgang Street Xinsheng Community Xianrenling District Urban Renewal Unit Planning (Draft)

The project is located in Xinsheng Community, Longgang Street, Longgang District, Shenzhen, with Xianrenling Road in the east, Longgang River in the south, Longfeng Road in the west and Fuxian Road in the north. The project was listed in the 11th Batch Plan of the 2019 Longgang District Urban Renewal Unit Plan in October 2019. Now the renewal unit plan (draft) has been reviewed and approved in principle at the 6th working meeting of the Longgang District Urban Renewal Leading Group in 2022.

Application subject: Shenzhen Xinsheng Co., Ltd.

 08Urban Renewal Unit of Shishan Industrial Zone, Guangming Street, Guangming District

The project is located in Guangming Street, Guangming District, and has been included in the "2022 Shenzhen Guangming District Urban Renewal Unit Plan Third Batch Plan (Draft)". The demolition area is 32476 square meters, and the proposed renewal direction is residential function.

Subject: Shenzhen Kekai Real Estate Development Co., Ltd.


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