2015.11.30
Times Riverbank (Foshan): Prominent Regional Value Grabbing Attention
Jinshazhou area will be equipped with full-fledged commercial facilities within next year. Apart from the current operating business area covering over 600,000 m2, an additional 1.3 million square meters is planned to be expanded, leading to a total volume equaling to 9 times of that of Teemall. With the constant improvement of transportation and supporting facilities during the past 13 years of Jinshazhou’s development, it is ushering in another takeoff. As supply of new property within Jinshazhou area keeps dwindling, homebuyers expect to see an increase in housing price here, making Times Riverbank (Foshan) at the very heart of Jinshazhou all the more appealing.
Remarkable Transportation Giving an Edge to another Takeoff
An integrated transportation network is the main contributor to the value surge in Jinshazhou area. From as early as 2003, Jinshazhou Bridge has come into service and grabbed attention from property players. After Metro Line 6 was put into use, several stations were set up, including the Shabei Station, the Hengsha Station and the originating station, the Xunfenggang Station. So far, Jinshazhou already serves as the frontier of the Guangzhou-Foshan integration, meanwhile a popular location for home purchase.
·Xunfenggang Station
The development of transportation never ceases. A vertical transportation system gradually takes shape as a series of projects are completed, including introducing waterbus system, the widening project of Jinshazhou Bridge and the reconstruction of Shabei Exit of the Beihuan Expressway. Furthermore, according to plan, more transportation projects are due to be implemented, including three new transportation corridors, Metro Line 12 extension westward to Jinshazhou , the second phase of express road construction, the extension project of 4 cross-river tunnels, and the construction of two new bridges, namely Datansha Bridge and Chenxiang Island Bridge. For the foreseeable future, this place will become the “Gold Corridor” connecting Guangzhou and Foshan, which will not only enable easy travel, but also draw more citizens from both cities for home purchase and further development.
·Efficient Transportation Network to All Directions
Considerable Potential Backed by Policies
Besides unrivaled transportation, Jinshazhou is also backed by policies, showing incremental features of metropolis. According to the latest version of the Regulatory Planning on Jinshazhou New Residential Area of Guangzhou released in 2014, it is positioned as “the gateway and junction of Guangzhou-Foshan Metropolitan Circle, the service center of pan-Jinshazhou area, and the new residential area with refreshing landscape”. Its population is expected to rocket, while public and commercial facilities expand by 1.18 million square meters, attracting newcomers like AEON Mall, GrandBuy Department Store and Red Star Macalline. The commercial supporting facility will no longer be a defect for Jinshazhou.
·Haibei Middle School
In terms of education for children, there are 46 planned educational institutions, 36 of which are already functioning, while another 11 institutes among the 18 constructed by Guangzhou Land Development Center are due to open within this year. Wang Dong, Deputy Mayor of Guangzhou, said that there are currently enough schools for every child, with or without registered Guangzhou residence, in Jinshazhou.
·Star City Plaza
Jinshazhou is also fully equipped with facilities for daily necessities, as CP Lotus Supermarket starts business at Guochang New Town Plaza, and Jinshazhou Hospital of Guangzhou University of Chinese Medicine (Grade 3 Level A) comes into service. After all projects are finished based on the new regulatory planning- no fewer than 11 m2 of public service facilities for every 100 m2 residential area- basic needs like healthcare, education, shopping, recreation, child amusement and government-related affairs can all be satisfied within Jinshazhou.
·Delta of Enrichment
Bullish Property Market: the Next Wealthy Neighborhood
Housing price at Jinshazhou area has been appreciating all along. In 2003, there were very few large-scale property projects, with a selling price of less than 4,000 yuan/m2; in 2007, the investment of Poly, Vanke and Evergrande had driven up the property development, the price still remaining around 6,000 yuan/ m2 nonetheless, while housing price at central Guangzhou had passed 10,000 yuan, even up to 15,000 yuan/m2. In contrast, the housing price at Jinshazhou now is on average above 18,000 yuan/m2, aiming at a higher level of 25,000 yuan/m2 and an average of over 20,000 yuan/m2, leading the soaring of the property price in both Guangzhou and Foshan. Over the course of eight years, property price here has increased by 8 times as another wonder of southern China. It is no doubt that this area will become the next wealthy neighborhood of Guangzhou.
· Rendering Picture of Times Riverbank (Foshan)
The sales center and sample apartments of Times Riverbank (Foshan) have been open to public since the National Holiday in October. The total floor area of the project is 1 million m2, among which 250,000 m2 has been planned for Phase I development. The mega million-scale complex sits at the center of Jinshazhou on the upstream of the Pearl River waterway in Guangzhou, emerging on the last batch of land on the river bank as a piece of artistic work commanding the most beautiful and scarce river view comparable to that in the Zhujiang New Town. The project is due to release the three-bedroom and four-bedroom apartments of 85-110 m2, whose utility ratio is over 80% thanks to the practical spacial layout. It aims to bring customers a development potential that keeps abreast with the Zhujiang New Town, while presenting the high-quality residential complex by the river. Now, a deposit of 20,000 yuan upon subscription ensures a 50,000-yuan discount on the total price. Hotline: 020-89391888.
