Core Viewpoint - The real estate market is entering a new phase characterized by structural opportunities, with three specific types of properties emerging as potential value areas amidst an overall market downturn [1][15]. Group 1: Urban Renewal Areas - Urban renewal has become a national strategy, with a focus on revitalizing old neighborhoods, particularly in cities with limited land resources [1]. - The government plans to invest up to 2.9 trillion yuan (approximately 402.8 billion USD) in urban renewal projects by 2025, significantly improving infrastructure and living conditions in old communities [2]. - In Shenzhen, property values in renewed old neighborhoods have increased by over 15% on average, indicating substantial asset appreciation potential [2]. Group 2: Properties Near Transportation Hubs - The value of properties near transportation hubs, such as subway and high-speed rail stations, is increasingly recognized due to improved accessibility [5]. - By the end of 2025, urban rail transit mileage is expected to reach 10,000 kilometers, which will enhance property values along these routes [5]. - Properties within a 500-meter radius of subway stations are valued approximately 10% higher than those further away [5][6]. Group 3: Residential Areas Near Emerging Industrial Parks - Industrial parks are crucial for urban development, creating job opportunities and attracting population inflow, which boosts residential demand in surrounding areas [11]. - The rapid development of industrial parks in China has led to significant foreign investment, with over 6 billion USD attracted to four industrial parks in Guangzhou [11]. - The presence of high-income earners in areas surrounding industrial parks drives demand for quality housing, contributing to rising property values [11].