Why are "cramped houses" sold for millions of yuan, and "school district houses" in Shijiazhuang being crazily robbed?

2024-07-24

In the midst of summer, the hottest event in Shijiazhuang, the capital city of Hebei Province, is not the rock music festival that keeps popping up, but the "school district houses" hidden deep in residential areas with dilapidated appearances that have been crazily robbed by parents. The roads in the community are narrow, wires are tangled in the air, and the corridors are covered with advertisements If we only look at it from a residential perspective, this is by no means a standard for a "good house". However, in a residential area with the above-mentioned appearance in Shijiazhuang, a 26 square meter property with a price of 1.12 million yuan was recently sold. Although the total price is not high, the equivalent unit price is over 40000 yuan per square meter, which is higher than the price of a newly improved property in the surrounding area, and it is fully paid. The reason why it can be sold at the above price is only because the community is separated from popular middle schools by a wall and is a real first-line "school district house" in the local area. Recently, Shijiazhuang released the 2024 compulsory education enrollment plan, strictly implementing principles such as online registration and nearby enrollment. This caught some parents who originally planned to operate across districts off guard, so they urgently bought a school district house in full before enrollment. In previous years, July and August were the off-season in the market, and the housing market in school districts was relatively stable. After the release of the enrollment documents this year, our store sold more than 30 sets of school district houses in the week, which forcefully pushed the transaction to the level of the 'peak season'. However, some housing prices were indeed high A local intermediary stated. Separated from popular high schools by a wall, "old and old" have become "hard currency"; Just one street away from the school district housing, the average price of houses outside the street is even lower. In the current sluggish real estate market, there are still some special circumstances that have led to high fever cases, adding an unexpected amount to the market situation. Why did 'Old Po Xiao' sell for millions of yuan? 26 square meters of 'old but small' sold for over a million yuan! Recently, a sales chart of a property in Shijiazhuang has been circulating in the industry. The picture shows that a 26.15 square meter "cramped house" located next to a popular high school in the city's Bangzi Theater dormitory was sold for 1.12 million yuan, equivalent to a unit price of 42830 yuan/square meter, which is higher than the average price of newly improved properties in the surrounding area. Why sell 'old but small' at a high price? Triggering widespread attention. Recently, the reporter visited the store that handled the transaction of the property, and the relevant agent stated that the transaction information of the property is indeed true. The house is located on the top floor, and the owner bought it in full a few days ago purely for the purpose of settling in and facilitating their child's enrollment in a first-class high school. Because the room type is quite special, with a total area of only 26 square meters, the unit price is relatively high when converted. Not only this house, but according to the agent, more than 30 properties were sold in his store in the previous week, most of which were school district properties purchased by parents. Even though he has been working in the area for nearly ten years, this situation still surprises him a bit. Normally, July and August are the off-season for transactions, and there will be some transactions for school district houses, but they are relatively uniform. Due to the high temperature in summer, there will also be fewer people looking at houses, and after the psychological expectations of homeowners decrease, they may even slightly lower their prices for sale The agent said that in the past week, the store has not only seen a significant increase in transactions, but prices have also risen. The busiest day was accompanying parents to transfer ownership, which lasted until late at night. Why are there waves in the off-season market? This starts with the latest enrollment policy released in Shijiazhuang. On the night of July 12th, the "Implementation Plan for 2024 Compulsory Education Enrollment in Shijiazhuang City" was officially announced. The document stated that in accordance with the requirements of the national "Efficient Completion of One Thing" and the launch of the Sunshine Enrollment Special Action for Compulsory Education, the enrollment platform will be fully implemented for one-stop enrollment, achieving full coverage of online registration, material review, and enrollment and admission. Compared to previous years, there is a significant change in this document, which is that all registrations have been switched to online. Last year, Shijiazhuang selected 37 public primary schools for online information collection pilot, while other schools still use offline registration. This year, all public compulsory education schools in Chang'an District, Qiaoxi District, Xinhua District, Yuhua District, and High tech Zone will adopt online registration to achieve "sunshine" enrollment. At the same time, we will fully implement the rules of free entrance to nearby schools for compulsory education. All local registered residence registered school-age children and adolescents enrolled in public compulsory education schools will be determined by the way of nearby admission. Except for students who are adjusted according to regulations, school-age children and adolescents from outside the district are not allowed to enroll. This year's enrollment plan requires online registration, and in principle, enrollment should be conducted nearby. The household registration book and housing book should be consistent, and the path of relying on personal connections for education is no longer feasible. Although it was previously suggested to enroll in schools nearby, there are methods of studying across districts, such as selecting admission points and cutting corners, which have been particularly strict this year The above-mentioned intermediary stated that many customers who have recently bought houses had planned to study across districts, but were blocked by the new policy before turning around to buy properties in school districts. The reporter saw in the 2023 version of the enrollment plan that relevant documents also stated the full implementation of the policy of exempting compulsory education from entrance exams and enrolling students nearby. At the same time, many illegal enrollment behaviors were listed, such as eliminating early enrollment and cutting corners in enrollment; It is strictly prohibited to solicit and compete for students through methods such as reducing tuition fees, false advertising, and taking care of class allocation; It is strictly prohibited to use the pretext of transferring schools to indirectly restrict enrollment; Cancel the enrollment of various special talents. But in reality, it is not uncommon to go to school across districts. A parent told reporters that their child is going to junior high school this year, and if they can only attend average schools in the area, they would have locked in another high-quality private junior high school through "point recruitment" because their child's academic performance is better. Dianzhao refers to the process where schools recommend students with high rankings to take exams at the corresponding schools, and if they pass, they can enroll. The parent also stated that in addition to using Dianzhao, there is a more direct way to spend money, with agency fees starting at 100000 yuan. The above-mentioned intermediaries also stated that some schools had previously reserved some spots, which created a space for "covert operations". However, under the "Sunshine Enrollment for Compulsory Education" policy, these methods are no longer feasible, and the schools that parents originally targeted through "spot enrollment" have now fallen through. Due to the tight registration time, there were special premium transaction cases The above-mentioned intermediary stated that some parents who came to the store in the morning did not leave, saying that they must get things done today and only look at the school district houses with low total prices. They signed the contract in the morning and went to transfer ownership the next day to prepare for enrollment. School district housing is once again in high demand. Sunshine enrollment for compulsory education is the current policy direction. In April of this year, the Ministry of Education issued a notice to launch the 2024 Sunshine Enrollment Special Action for Compulsory Education, resolutely rectify phenomena such as "black box operations" and "sharp enrollment", seriously investigate and punish all kinds of charging behaviors related to enrollment, and strictly regulate enrollment behavior. The Ministry of Education has also established a special working group to conduct investigations and supervision, requiring education administrative departments in various regions to comprehensively investigate enrollment work. This policy in Shijiazhuang is also an implementation of the requirements related to the Sunshine Enrollment Special Action for Compulsory Education. However, for parents who are dedicated to their children, education is never a simple matter, and choosing a school is the first step to grab the starting line. At present, not only are families eager to enroll in school this year, but other parents are also starting to consider in advance whether to buy "school district houses" as soon as possible? I'm still anxious about buying a house at the beginning of my junior high school next year. I wonder if it will delay my child's education After the new policy is introduced, will the housing prices in school districts continue to rise? Does my child need to go to school in a few years and grab a house now? "Many local netizens asked on social media. Some people did not hesitate to "get on the bus" after the policy was introduced. A parent told reporters that after the enrollment policy came out, they completed the matters of buying a house, transferring ownership, etc. in one day, and the school districts of their two children were ready. The total price of the 65 square meter unit is 1.32 million yuan. Although there is a premium, the eldest child needs it urgently for middle school, and the second child can continue to use it in the future. If it weren't for two children, they might not have considered it. "Another parent also said that after hearing about the policy in the early morning, they couldn't sit still immediately. The children of friends have indeed been" returned "and need to be enrolled according to normal zoning. My own child will also be starting primary school next year, and in order to send him to a better school, I have decided to buy a school district house, even if the premium is "outrageously high". At the same time, try to choose a good layout and floor to facilitate future self occupancy needs. Near a popular school district in Shijiazhuang, the reporter saw that only the store manager was left behind at a certain intermediary store, while others had already taken customers to see the property. The store manager stated that since the introduction of the enrollment policy in Shijiazhuang, almost all of the recently sold properties in the store are school district houses planned by parents for their children. The average price in the community is around 20000 yuan, and most parents prefer low priced and small-sized room types. The transaction volume is indeed higher than before. Another popular residential area also has a continuous flow of people, and intermediaries have even set up signs selling houses at the entrance. According to the intermediary, many properties have been sold in the community in the past two days, most of which were returned after participating in the "spot bidding", with prices increasing by about 1000-2000 yuan per square meter. The age of the houses in the community is old, and the total price is lower than that of nearby school district houses. The total price of one bedroom and one living room houses is about 1.1 million to 1.3 million yuan, and new housing is still being put up. Seeing a "small wave" in the school district housing market, some second-hand housing owners are eager to take the opportunity to raise prices. The reporter saw on the intermediary platform that a popular school district housing community in the local area has recently added 33 new properties, including 66 square meters of housing with a listing price of 1.6 million yuan and an average price of 25106 yuan/square meter, while the average listing price of the community is only 19064 yuan/square meter. The top floor properties here used to sell for around 1.1 million yuan, but now they are no longer at that price. Homeowners may want to raise prices by tens of thousands of yuan. A nearby old community with a 30-year old house has been built for a long time, and the road and buildings in the community are already old. However, due to its proximity to a first-class junior high school, there are occasional visitors and intermediaries, and the price of newly listed properties has significantly exceeded the average price of the community. A 53 square meter property is priced at 1.4 million yuan, with an average price of about 26000 yuan per square meter, while the average transaction price of the community in the past six months is only 20000 yuan per square meter. Compared to the recently listed properties, the newly listed properties also have a clear premium. For example, a 53 square meter property was listed in May this year in the community, with a price of approximately 1.35 million yuan; A 66 square meter property launched in June this year, priced at only 1.35 million yuan; A 73 square meter apartment listed in September last year was priced at 1.35 million yuan, which is lower than the total price of 1.4 million yuan. Another community with few listings and low circulation has also listed three properties in the past few days. A property listed on July 16th, with an area of 77 square meters and a listed price of 1.59 million yuan, has been visited almost every day for a week; Another new property listed on the 16th, with an area of 62 square meters, is priced at 1.32 million yuan. There are also many to see, all because the property is "a 3-minute walk to XXX Middle School". Expert: Partial market prosperity will return to rationality. In the historical real estate cycle, "school district housing" has always been a relatively special existence. On the one hand, it is greatly influenced by policies such as enrollment and zoning in various regions. On the other hand, parents' pursuit of high-quality educational resources will not easily disappear in the short term. The real estate agent who handled the "40000 yuan per square meter" property told reporters that he has been working in the area for nearly ten years, experiencing ups and downs and witnessing several market adjustments. Compared to that, first-class school district properties are indeed more valuable and will not "fall too much". The housing prices in this area have been rising since 2015. In the past, for every 8000 to 9000 square meters, some people spent 900000 yuan to buy a house, but now they can increase by at least one million yuan. Parents are not for investment purposes, only for their children's education, but in the end, it is profitable He said that during the epidemic, the prices of school district houses also decreased, but since the beginning of last year, the prices in the area have started to rise again, with an increase of about 3000 yuan per square meter.

Edit:NingChangRun    Responsible editor:LiaoXin

Source:China Business Network

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