Group 1 - In August, the average online signing price for new residential buildings (洋房) in Dongguan reached a new low of 21,708 yuan per square meter, with a total of 1,009 units signed, marking the lowest level of the year [1] - The average online signing price for second-hand residential properties in Dongguan was 13,757 yuan per square meter, also the lowest this year, with 2,380 units signed, representing the lowest monthly signing volume of the year excluding January and February [1][2] - The highest average price for new residential buildings was recorded in Nancheng Street at 44,181 yuan per square meter, followed by Dongcheng Street at 40,610 yuan per square meter [1] Group 2 - In the second-hand housing market, the top five towns by signing volume were Changping Town (209 units), Humen Town (186 units), Nancheng Street (181 units), Zhangmutou (180 units), and Dongcheng Street (151 units), with some areas seeing average prices drop to the "1" range [2] - New residential supply in Dongguan was approximately 60,000 square meters in August, primarily from projects like Vanke Zhen Shan Hui and Hai Yi Hao Ting [2] - The overall residential transaction volume in August hit a new low since 2008, with specific projects like Country Garden Lanting in Daojiao Town contributing to a temporary increase in transactions due to concentrated signing [2][3] Group 3 - The second-hand housing transactions in Dongguan reached a five-year monthly low in August, while the number of listings hit a new high, indicating strong selling intentions among homeowners [3] - There is a notable downward trend in second-hand housing prices, particularly in central urban areas with high inventory levels, affecting the affordability of certain entry-level units [3]

Core Insights - In May 2025, Dongguan's new residential property market showed a significant increase in both volume and price, with 1,819 new units signed at an average price of 23,522 yuan per square meter, indicating a month-on-month rise in both metrics [1] - Conversely, the second-hand housing market experienced a decline, with 2,746 units signed at an average price of 15,043 yuan per square meter, reflecting a month-on-month drop in both volume and price [1] - The overall market sentiment remains cautious, with a notable decrease in activity following the "May Day" holiday, suggesting a continuing downward trend in the market [1][4] New Residential Market - The highest average price for new residential properties was recorded in Nancheng Street at 42,497 yuan per square meter, followed by Dongcheng Street at 40,001 yuan per square meter [2] - The top-performing area in terms of transaction volume for new residential properties was Songshan Lake, with 786 units signed, followed by Binhaiwan New District and Fenggang Town with 129 and 125 units, respectively [2] Second-hand Housing Market - Nine towns in Dongguan saw over 100 second-hand housing transactions in May, with Hengli Town and Changping Town exceeding 200 transactions [3] - Only two areas had second-hand housing prices surpassing 20,000 yuan per square meter, with Songshan Lake High-tech Zone at 28,988 yuan and Dongcheng Street at 21,355 yuan [3] Market Trends - The increase in new housing transactions was attributed to promotional activities by developers during the "May Day" holiday, which temporarily boosted demand [4] - Despite the initial surge, the market's overall transaction volume remained low, indicating a potential new wave of price reductions in the Dongguan real estate market [5]