Policy incentives and Golden Week combine to push Guangning property sales above 52 million yuan

Deep News
Yesterday

Policy incentives combined with the National Day holiday window brought a wave of warmth to the Guangning County property market. During this year's National Day holiday, foot traffic at residential projects across the county rose noticeably, with both viewing volumes and transaction volumes growing significantly compared with ordinary periods.

According to statistics, during the holiday period, real estate projects countywide closed deals on 124 residential units of various types, with total sold floor area of 10,831.73 square meters and total sales value of 52.0314 million yuan, showing a sound market picture of strong foot traffic, active transactions, and stable expectations.

Among individual projects, the two benchmark developments, Baiying Garden and Mingzhu Tianyun Garden, stood out particularly. Each recorded 50 transactions during the holiday, including online signings, deposits, and sincerity payments. Together they generated total sales of about 45.4225 million yuan, accounting for more than 87% of the county's total sales value and becoming the main drivers of this holiday market.

In addition, Jiahe Tianyu Yipin Xuan and Yuesheng Huafu each recorded 8 transactions, while other projects also registered deals, meaning residential projects on sale across the county enjoyed broad-based activity.

According to a salesperson at one project, the sales office saw a steady stream of visitors every day during the holiday. They included local end-users and upgrade buyers, as well as many migrant workers returning home during the holiday to view properties. Many people decided to buy after just one look, and the pace of transactions was much faster than usual.

Behind the active market, the concentrated release of policy incentives was an important driving force. On September 29, three central government departments jointly issued a notice to implement an interest subsidy policy for residential mortgage loans starting October 1. Homes with a first-home floor area of no more than 120 square meters and a total price below 1.5 million yuan are eligible for the mortgage interest subsidy. Total home prices in Guangning County generally fall within the policy coverage range, directly benefiting first-time buyer households.

At the same time, real estate developers rolled out multiple promotions such as limited-time discounts, special-price units, and low down payments. Buyers who had been waiting on the sidelines moved faster to enter the market, and the transaction conversion period was noticeably shortened. The county's property market is expected to maintain a steady and improving trend in the fourth quarter. The county housing and urban-rural development department will continue to carry out market monitoring and service support to promote the steady and healthy development of the county's property market.

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