跌惨了！广州一套房3年蒸发550万，房东们终于知道什么叫纸面富贵

Core Viewpoint - The real estate market in Guangzhou, particularly in the Meilin Coast area, is experiencing significant price declines, with some properties losing over 5 million yuan in value since their peak in 2022 [1][5][24]. Group 1: Price Trends - A property in Meilin Coast sold for 10.49 million yuan in April 2022, but the same type dropped to 5.52 million yuan by April 2025, indicating a loss of 552,000 yuan per unit [1]. - Recent transactions show drastic price cuts, with one owner reporting a reduction of 1.42 million yuan last year and another 820,000 yuan this year [2]. - The current listing prices in the Meilin Coast area show a minimum of 4.75 million yuan per square meter, with many sellers eager to sell but facing a lack of buyers [5][24]. Group 2: Market Activity - The number of viewings for Meilin Coast properties has decreased by 70% compared to the same period in 2023, with only 12 groups viewing in the last 30 days [2]. - The average transaction cycle in the Tianhe Linjiang area has extended to 148 days as of Q4 2024, indicating a slowdown in sales [2]. - The overall market is characterized by a stark contrast, with some projects experiencing high sales while others remain stagnant [26]. Group 3: Rental Income and Investment Returns - The annual rental income for properties in Meilin Coast is only 70,000 yuan, resulting in a return rate of just 1.15%, which is lower than traditional bank investment products [22]. - Many homeowners are still holding onto unrealistic price expectations, as evidenced by the fact that the lowest listing price is still above recent transaction prices [24]. Group 4: Broader Market Context - The Guangzhou real estate market is described as "ice and fire," with some areas seeing strong sales while others struggle [26]. - In July 2023, the new residential property transaction volume in Guangzhou fell by 6.76% year-on-year, indicating a broader market decline [27]. - Buyers are increasingly gravitating towards more affordable areas like Panyu, Baiyun, and Huangpu, reflecting a shift in purchasing behavior [30].