There are many developed county-level cities in southern Jiangsu, including Kunshan City , Jiangyin City , Changshu City , and also Zhangjiagang City.
But for Zhangjiagang City, the property market prices are far behind those of Kunshan City, Jiangyin City, and Changshu City.
The current average price of second-hand houses in Kunshan City is about 25,100, while the average price of second-hand houses in Changshu City is about 17,800, and the price of second-hand houses in Jiangyin City is about 16,000.
For Zhangjiagang City, the current average price of new houses is about 15,500, while the average price of second-hand houses is about 14,000.
Through comparison, perhaps we can find that the property prices in Zhangjiagang City are actually extremely low. The current housing prices in Zhangjiagang City rank 9th among Suzhou 10 districts and cities, just ahead of Taicang City .
There are many factors that affect the city's housing prices, including whether the city is developed or not, whether the city has a large population, the proportion of the city's migrant population, etc.
For the city of Zhangjiagang, it is an integral part of the Suzhou city. The development of Zhangjiagang itself ranks at the forefront of the top 100 counties and cities in the country. In addition, Zhangjiagang is also a city with a large net inflow of population.
Taking 2021 data as an example, Zhangjiagang City's total economic volume reached 303 billion. Such economic data ranks second only to and Kunshan in Suzhou.
In addition, such economic data can rank third among all districts and counties in Jiangsu, second only to Kunshan City and Jiangyin City. It can be seen that Zhangjiagang is indeed a fairly developed county-level city.
The degree of economic development is used to determine the level of housing prices in the city's real estate market. Perhaps the current housing prices in Zhangjiagang City are on the low side.
Zhangjiagang City’s permanent population is far less than that of Kunshan City, but Zhangjiagang City’s current permanent population is approximately 1.44 million.
The local registered population is about 920,000, which means that nearly 1/3 of the population in this area belongs to the migrant population. This reflects that the proportion of the migrant population in Zhangjiagang is also very high.
A large number of migrant people gather in Zhangjiagang. They either rent or buy houses in Zhangjiagang area. No matter which category it is, it has an extremely positive impact on real estate development in Zhangjiagang.
If we look at the per capita economic aggregate, then Zhangjiagang City is more developed than Kunshan City. Zhangjiagang has many data among the top three of the top 100 counties and cities in the country. It should be said that the development of Zhangjiagang has put many prefecture-level cities under great pressure.
Economic development will inevitably promote the rapid transformation of Zhangjiagang and the entire city, and the huge annual city budget revenue brings Zhangjiagang city supporting facilities that surpass county-level cities.
Taking 2021 data as an example, Zhangjiagang City's general public budget revenue reached 26.4 billion. The budget expenditure for the entire city that year reached 24.4 billion.
Zhangjiagang is a developed foreign trade city and a city with extremely developed industry.
Taking 2021 data as an example, the total output value of Zhangjiagang's industrial enterprises above designated size reached 584.2 billion, revenue exceeded 717.1 billion, the total profit generated reached 43.5 billion, and profits and taxes were 55.5 billion.
For the city of Zhangjiagang, it is not just traditional industries that are developed, but its new industries are also booming. Taking 2021 data as an example, the total output value of new industries that year has exceeded 273.2 billion.
Cities must invest heavily in order to develop. Zhangjiagang’s local fixed asset investment in 2021 alone has reached 55.4 billion, of which more than 20 billion has been used for industrial investment. It can be seen that Zhangjiagang attaches great importance to industry.
With more than 1 million people gathered in the county-level city of Zhangjiagang, it will inevitably promote the expansion of the city's framework. The investment in real estate development that year exceeded 27.7 billion yuan, and the sales area of commercial housing that year reached 2.26 million square meters.
If the construction area of each new house is 100 square meters, this means that in a county-level city, the annual new house transaction volume can basically reach 22,600 units.
It should be said that this kind of property market transaction volume is definitely not the volume of a county-level city, and can be said to be comparable to the volume of most prefecture-level cities.
For the city of Zhangjiagang, it is located on the edge of the Yangtze River, and Zhangjiagang is famous throughout the country and even the world for its port.
So Zhangjiagang is a developed commercial city, and the city's foreign trade volume is at the forefront of the country.
Taking 2021 data as an example, Zhangjiagang achieved a total import and export volume of US$43.4 billion, of which total export volume exceeded US$18.2 billion and total import volume exceeded US$25.2 billion.
For Zhangjiagang City, it is a city where wealth lies in its people. As of the end of 2021, the city's various deposits exceeded 423.9 billion, of which household deposits reached 173.8 billion.
Zhangjiagang's industrial development has naturally promoted a large number of local companies to go public. As of the end of 2021, the cumulative number of listed companies in Zhangjiagang has reached 28, and the number of listings on the New Third Board has exceeded 76. The annual transaction volume of securities in Zhangjiagang City has exceeded 900 billion yuan.
Although the housing prices in Zhangjiagang are currently on the low side, education in Zhangjiagang is at the forefront of Suzhou. Currently, Zhangjiagang has more than 177 schools of various types.
Of course, the reference points corresponding to the high and low housing prices are different, and everyone also understands the high and low housing prices in the city differently.
With the development of urbanization, house prices in many cities across the country have exceeded 10,000 yuan. Although the current average price of second-hand houses in Zhangjiagang is only about 14,000 yuan, house prices in such cities are still higher than those in most county-level cities across the country.
Therefore, in the eyes of some people, the urban housing prices in Zhangjiagang are actually on the high side, not the so-called low prices.
Of course, Zhangjiagang's economic development has promoted a substantial increase in local per capita income. As of the end of 2021, the disposable income of urban residents in Zhangjiagang has exceeded 77,900, and the disposable income of rural residents has also reached 41,800. These two data are much higher than the national average.
For any city, housing prices are directly related to local income. If the income is too low, few people will buy even if housing prices rise.
But for the city of Zhangjiagang, with such a high income, there is a reason for the high housing prices in the city. After all, the city's housing prices need to be accumulated due to transaction volume.
For the city of Zhangjiagang, it is a typical port city, a typical industrial city, and a typical foreign trade export city. Therefore, Zhangjiagang has always practiced industrial development and must be at the forefront of the industry.
promotes enterprise technological innovation and promotes enterprise transformation, which is the magic weapon for Zhangjiagang's success in recent years. In 2021 alone, Zhangjiagang will have a net increase of 67 high-tech enterprises.
It can be seen that the local support for enterprises is quite strong. It is precisely because Zhangjiagang attaches great importance to the development of enterprises that Zhangjiagang has developed faster than most cities in recent years.
For Zhangjiagang, a county-level city, the future development is extremely challenging. After all, Zhangjiagang is only a county-level city, and there are many heavyweight cities around it.
includes Shanghai and Nanjing, as well as , Suzhou, , Wuxi, Changzhou, and competitors Jiangyin, Kunshan, and Changshu.
As for the property market in Zhangjiagang, as long as there is no outflow of the city's population and a large number of immigrants flow into Zhangjiagang, I believe that Zhangjiagang's property market will still have great potential in the future.
personal opinion, for reference only.
