Core Viewpoint - The real estate market is witnessing innovative marketing strategies, including global naming contests and promotional activities like "live first, buy later," aimed at boosting property sales and visibility in a challenging market environment [2][11]. Group 1: Innovative Marketing Strategies - The Binjiang Group has launched a global naming contest for the Hangzhou Water Electric Village project, offering a prize of 100,000 yuan for the winning name [2][6]. - Guangzhou City Investment Real Estate has initiated a "live first, buy later" campaign, allowing potential buyers to experience the property before making a purchase decision [11]. - Other promotional tactics include offering gifts such as premium liquor and fuel cards with property purchases, reflecting a trend towards more direct marketing approaches [15]. Group 2: Property Pricing and Sales Dynamics - The Water Electric Village project, acquired by Binjiang Group at a record floor price of 77,400 yuan per square meter, is expected to launch new homes at prices above 120,000 yuan per square meter [3][4]. - In Shanghai, the "Qian Tan Dong Fang Wan" project increased its price from 117,300 yuan to 119,700 yuan per square meter after a name change, resulting in an estimated increase in total value of approximately 30 million yuan [8]. - The sales performance of properties like Yongtai Sanli City shows a current sales rate of about 84%, indicating a relatively healthy market despite the need for aggressive marketing [10]. Group 3: Market Trends and Expert Insights - Real estate marketing expert Deng Haozhi notes that while these new marketing strategies attract attention, they also highlight underlying sales challenges faced by some projects [2][10]. - The industry is expected to continue facing a bottoming-out phase, with a projected increase in the number of companies showing year-on-year growth [15].
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