Liangting Area Project in Guandu District, Kunming

Name

昆明官渡区凉亭片区项目

Liangting Area Project in Guandu District, Kunming

Industry Involved

Real estate

Site

Lots A and B in Yunnan Light Industry School, Liangting Area, Guandu District

Project Description

Kunming, the capital of Yunnan Province, is one of the new first-tier cities in China with abundant resources. Since the establishment of Kunming Area of China (Yunnan) Pilot Free Trade Zone, Kunming has updated its development further. Featuring pleasant climate, superimposed policy advantages, diversified industrial environment and deep development potential, Kunming continuously attracts more migrants to settle, further stimulating the market growth of real estate industry in Kunming. Guandu District is one of the main districts in the urban area of Kunming, and the Liangting Zone of Jinma Street under its jurisdiction which is located in Kunming Area of Yunnan Free Trade Zone is one of the key land supply and development areas of Guandu District. Guandu District has launched secondary land development and investment attraction to the society to jointly promote urban renewal and construction.

Content

1. Zone positioning: complex integrating business, trading, sports, culture, quality residence and comprehensive modern service with the characteristics of regional culture.

2. Land supply: It is planned to supply 3 lots of 86.4 mu in total in 2020 in Liangting Zone, including one assigned lot of 29.25 mu for primary and middle schools and two transferred lots of 57.15 mu in total, of which one is second-class residential land of 41.7mu (Lot A) and the other is commercial land of 15.45 mu (Lot B).

3. Land supply time: The land is to be available since June 30, 2020 as planned.

Supporting Conditions

1. Scope: The zone is located in the east of Kunming and belongs to Jinma Street of Guandu District. It extends to the Airport Expressway in the north, Caiyun North Road in the south, East Second Ring Road in the west and East Third Ring Road in the east. This zone covers an area of 7.35 km2 with a population of 150,000.

2. Transportation

Road: East Second Ring Road, East Third Ring Road, Caiyun North Road, Hongqiao Road, Dongfeng East Road, Jinma Road, Siwa Road and Guishi West Road. Kunming East Railway Station is located in the zone and makes the zone more accessible.

Subway: Line 3, Line 4, Line 6, Line 8, East-West Express Line, forming an underground transportation network in the zone.

3. Supporting infrastructure

The lot is surrounded by mature supporting infrastructure. It is adjacent to Jinma Tengyuan Community in the east, Dongxiang Shenjun Community in the south, Tanhua Lighting Market in the west and Taiping Road in the north.

Educational resources: Jinma Central Primary School, Donghua Second Primary School, Kunming No. 17 Middle School, Jinma Middle School, Kunming No. 33 Foreign Language Middle School, etc.;

Medical resources: Yan'an Hospital of Kunming City, Kunming Third People's Hospital, the First People's Hospital of Yunnan Province and many other Class A tertiary hospitals.

Natural and human resources: Baishahe Reservoir, Kunming World Horticultural Expo Garden, Tanhua Temple, Jinma Temple, Zhunti Temple, etc.

Investment Estimate and Fund Raising

The actual investment amount shall prevail.

Preferential Policies Applicable

Provincial, municipal and district-level preferential policies available

Market Prediction (Analysis)

1. Real estate market

Kunming's population and urbanization rate keep a steady upward growth, and the population shows a net inflow trend. According to the current population growth trend, it is estimated that 80% of the new-coming permanent residents in the main urban area have housing demand. As forecast, the new housing demand will reach 6,007,400m2 per year in the next three years, including about 4,277,300m2 of annual housing improvement demand, and about 1,052,900m2 of average annual new housing demand.

In 2020, the market policy in Kunming will meet the government's regulatory expectations. As affected by COVID-19, the sales volume of residential buildings in Kunming is expected to decrease and developers may choose to cut prices or take other preferential measures to attract house buyers. Therefore, there will be a decline in house prices in a short term. In terms of land, Guandu District, which is the focus of government for development at present, and Dianchi Lake Area with excellent development environment will lead the future land market.

2. Commercial market

In the future, the development of night-time economy and first-store economy will further diversify the retail market and promote the upgrading and changing of consumption in Kunming. At present, Kunming has built a number of night markets, including Nanqiang Market, Old Street, South Asia Plaza , etc. to provide consumers with more consumption modes and brand-new experiences. In addition, the high-quality retail properties in Kunming will be mainly supplied in the downtown area in the future. But there is no large commercial complex in Liangting Zone at present, leaving space for expansion of commercial market.

Profit Model and Preliminary Benefit Analysis

The main profit model of the project is real estate development, including residential development and commercial operation, which can bring considerable benefits.

Risk Analysis

There is no obvious risk in this project

Cooperation Pattern

Sole proprietorship, joint venture and cooperation

Contact Information

Contact unit: Kunming Dongjun Real Estate Co., Ltd.

Contact: An Guangdong

Tel.: 18687136575