How much does it cost to buy a house in Beijing? The latest housing price data and hot spot analysis in 2023
Recently, Beijing’s housing price trends and home purchase costs have become hot topics on the Internet. With policy adjustments and market fluctuations, home buyers are eager to understand the current housing price levels in various regions of Beijing. This article will combine the hot data of the entire network in the past 10 days to give you a structured presentation of the current housing prices in Beijing.
1. The latest housing price data in various districts of Beijing (September 2023)
| area | Average price of new houses (yuan/㎡) | Average price of second-hand houses (yuan/㎡) | Typical total price range |
|---|---|---|---|
| Dongcheng District | 125,000 | 118,000 | 8 million-20 million |
| Xicheng District | 130,000 | 122,000 | 9 million-25 million |
| Haidian District | 98,000 | 95,000 | 6 million-18 million |
| Chaoyang District | 85,000 | 82,000 | 5 million-15 million |
| Fengtai District | 65,000 | 62,000 | 4 million-10 million |
| Shijingshan District | 58,000 | 55,000 | 3.5 million-8 million |
| Tongzhou District | 45,000 | 42,000 | 2.5 million-6 million |
| Daxing District | 42,000 | 40,000 | 2 million-5 million |
2. Recent hot topics in Beijing’s property market
1.The policy of "Recognize a house but not a loan" is implemented: Starting from September 1, Beijing will implement a new policy. Those who have paid off their loans before purchasing a house can enjoy the first-time home treatment, stimulating the release of improved demand.
2.Housing prices in school districts are loosening: With the further advancement of the multi-school zoning policy, housing prices in some school districts in Xicheng and Haidian have dropped by 15%-20% from the peak.
3.Shared property housing attracts attention: Beijing has added 15,000 units of shared ownership houses this year, with an average price of 28,000-45,000/㎡, and the number of applicants has reached a record high.
4.Second-hand house listings surge: In the past week, the number of new listings of second-hand houses has increased by 23% month-on-month, and some owners have chosen to "exchange price for volume."
3. Suggestions for house purchase plans with different budgets
| budget range | Recommended area | House type suggestions | down payment ratio |
|---|---|---|---|
| Below 3 million | Fangshan/Pinggu/Miyun | 50-70㎡ one bedroom | 35% |
| 3 million-5 million | Daxing/Changping | 70-90㎡ two bedrooms | 35%-40% |
| 5 million-8 million | Fengtai/Shijingshan | 90-110㎡Three bedrooms | 40% |
| More than 8 million | Chaoyang/Haidian | 120㎡+improved type | 40%-60% |
4. Detailed calculation of the cost of purchasing a house (taking a property worth 5 million as an example)
| Project | Amount | Description |
|---|---|---|
| total house price | 5 million yuan | Calculated based on average price 60,000/㎡ |
| down payment | 2 million yuan | 40% ratio for first house |
| loan amount | 3 million yuan | 30-year business loan |
| monthly payment | About 14,500 yuan | Interest rate calculated at 4.1% |
| Deed tax | 50,000 yuan | 1% tax rate for first home |
| agency fee | 100,000 yuan | Calculated as 2% |
| decoration budget | 200,000-500,000 yuan | Basic decoration to fine decoration |
5. Expert advice and market outlook
1.Just need to buy a house window period: The current market is in an adjustment stage, and some developers have launched special offers. It is recommended that those in urgent need pay attention to the promotion node in the fourth quarter.
2.Loan policy optimization: Many banks have lowered existing mortgage interest rates. New home buyers are advised to choose LPR floating interest rates to enjoy the long-term interest rate reduction dividends.
3.regional development potential: Emerging areas such as Beijing City Sub-Center (Tongzhou) and South Central Axis (Daxing) have good room for appreciation, and investment buyers can focus on it.
4.affordable housing options: Qualified families can consider shared ownership housing or affordable rental housing to significantly reduce living costs.
To sum up, the cost of buying a house in Beijing varies significantly, ranging from 2 million in the suburbs to 20 million in the core area. It is recommended that home buyers choose a suitable home purchase plan based on their own needs and financial strength and the latest policies. In the current market environment, rational analysis and acting within one's capabilities are key.
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