一线城市房票安置激活市场

Core Insights - The housing ticket settlement system is emerging as a new force in the real estate market of first-tier cities, with significant progress reported in Guangzhou and gradual implementation in Shenzhen [1][4]. Group 1: Guangzhou's Housing Ticket Progress - As of early December, Guangzhou has issued a total of 1,411 housing tickets amounting to 1.868 billion yuan, with 1,041 tickets utilized, leading to the absorption of 792 residential units [1]. - The housing ticket system has facilitated the preliminary subscription of approximately 5,500 housing units, covering over 550,000 square meters and involving around 9.8 billion yuan in funds, thereby promoting urban renewal and market vitality [1]. - The housing ticket system has become a significant tool for real estate companies, with reports indicating that 40% of sales in some projects are driven by housing ticket transactions [2][3]. Group 2: Shenzhen's Implementation - Shenzhen has begun to implement the housing ticket system, with the first ticket issued for a land consolidation project valued at 40.55 million yuan [4]. - The city is integrating housing tickets into its core compensation methods for urban renewal projects, with a total estimated relocation fund of approximately 224 million yuan for the first phase of a village renovation project [5]. - Real estate companies in Shenzhen express optimism about the housing ticket system's potential to enhance sales velocity, particularly in non-core areas [5]. Group 3: National Trends and Future Outlook - The housing ticket system has evolved into a multifunctional policy tool, transitioning from a mere compensation mechanism to one that addresses settlement, inventory reduction, and risk mitigation [6]. - By December 2025, the housing ticket system is expected to be implemented in over 90 cities or districts nationwide, with trends indicating increased usage and incentives for developers [6]. - Recommendations for enhancing the housing ticket system include establishing a comprehensive housing resource database and providing more policy incentives to make housing tickets more attractive than monetary compensation [6].