Market Overview - The real estate market in Zhongshan has stabilized in November 2025, continuing the trend of "stopping the decline and stabilizing" from the second half of the year [1] - Although there hasn't been explosive growth, the market has built a bottom, with transaction volume gently recovering from its low point earlier in the year [2] - In November, the total new housing transaction area was 167,800 square meters, with 1,552 units sold, indicating a decline in year-on-year and month-on-month comparisons primarily due to high base effects [3] Supply and Demand Dynamics - The supply-demand ratio in November was 1.34, indicating that supply significantly exceeded demand, reflecting developers' high enthusiasm for launching new projects despite ongoing de-stocking pressures [3] - The average transaction price remained stable at approximately 11,500 yuan per square meter [3] Regional Disparities - The market exhibited significant regional disparities, with the Huojun-Cuiheng area emerging as a hot spot due to transportation benefits and industrial support, leading to 302 units sold, the highest in the month [4] - The southern area (Tanzhou, Sanxiang, etc.) also performed well, accounting for 62.7% of the total transaction area [4] - In contrast, the central area (Shiqi, Dongqu, etc.) faced high de-stocking pressure due to excessive supply, with a supply-demand ratio of 5.79, while some western and northern areas remained largely ignored [4][6] Transaction Performance - The top-selling projects in November included Huojun Development Zone's Healthy Flower City with 110 units sold, followed by Helenburg's Jiuyuefu and Agile's Kaiyin Yunding with 74 and 62 units, respectively [6][10] - The overall transaction volume rankings showed Zhongshan Yuhong (Healthy Flower City), Agile, and Agile Group leading in unit sales, while Poly Development topped in transaction value with nearly 160 million yuan [10] Price Trends - Despite nominal price stability, actual discounts have deepened, with developers employing strategies like "total price discounts + free renovations/parking spaces" to stimulate sales [11] - The market has established a new norm where central areas maintain relatively firm prices, while peripheral areas attract customers through significant price reductions [11] Buyer Recommendations - For self-use buyers, it is advisable to focus on areas with good commuting times and robust amenities, with larger developments in mature hot spots showing stronger risk resistance [13][15] - For investment purposes, selecting areas with continuous population inflow, strong industrial bases, and proximity to transportation hubs is recommended, with the Huojun-Cuiheng area being a prime choice [15]

Market Overview - In April, the real estate market in Zhongshan showed signs of slight cooling, with developers slowing down their sales pace, particularly with new launches scheduled towards the end of the month, coinciding with the "May Day" holiday [1][5] - The total transaction volume for Zhongshan's commodity housing in April was 1,567 units, representing a month-on-month decrease of approximately 5% [7] - The total transaction area was about 172,400 square meters, down about 4% month-on-month, and the total transaction amount was approximately 2.026 billion yuan, a decrease of about 6% [7] Supply and Demand - The supply of commodity housing also saw a significant decline, with only 545 units supplied in April, a month-on-month decrease of about 66% [7] - The total supply area was approximately 65,400 square meters, down about 61% month-on-month [7] - Throughout the first four months of the year, demand has generally exceeded supply, except for March where supply and demand were roughly balanced [8] Price Trends - The overall average transaction price in Zhongshan for April was approximately 11,800 yuan per square meter, with an average transaction price per unit of about 1.29 million yuan, showing a slight decrease compared to March [12] - Despite the overall price drop, 14 districts saw an increase in average transaction prices, with the highest being the Ma'anshan area at approximately 19,300 yuan per square meter, up about 2.73% month-on-month [12][14] Transaction Rankings - The top developers by transaction volume in April included Yuan Yang, Jinle, Huafa, and others, with Yuan Yang leading at 201 units sold [17][20] - The top-selling projects were concentrated in the southern group, with Yuan Yang's "Fan Hua Li" leading with 194 units sold, followed by Jinle's "Shang Dong Cheng" with 104 units [20][21]