Is it cost-effective to buy a house in the suburbs of Qingdao (such as Laixi)?

As the hinterland of peninsula urban agglomeration, Laixi City has continuously increased investment in urban infrastructure construction, improved urban functions and expanded urban space in recent years. The construction of the new district and the transformation of the old city are carried out simultaneously, which makes the investment in real estate development in the city show a good trend of rapid growth.

To be fair, in the past year, Laixi real estate market rose rapidly, and its development speed exceeded that of Qingdao real estate fever that year. Quite surprisingly, this smacks of a bubble economy.

In fact, the price-performance ratio of Laixi real estate market is of great investment value. The living environment is pleasant and the room design is elegant and fashionable, but the building price is lower in the surrounding cities. The average price of multi-storey houses is about RMB 1000 per square meter, while the average price of conjoined villas and single villas is about RMB 1 100 and RMB 2,000 per square meter respectively. The average price of multi-storey residential buildings in the surrounding urban areas is about 1.600 yuan per square meter, and the average price of conjoined villas and single villas is 2,600 yuan and 3,500 yuan per square meter respectively.

With the support of the local government, Laixi real estate market has developed rapidly, including Chang 'an Metropolis developed by Qingdao Hongyuan Real Estate Group, Northland Spring developed by Qingdao Yintai Real Estate Development Company, Plum Blossom Villa developed by Qingdao Runfa Real Estate Co., Ltd. and Impression of Tiantai Times developed by Qingdao Tiantai Real Estate Co., Ltd., which has become an ideal property for foreigners to buy.

Judging from the development in recent years, Laixi City has strengthened the macro-management of the real estate market, actively adjusted the housing structure, vigorously increased low-and medium-priced housing for low-and middle-income families, and controlled the demand for large-sized housing. Breakthrough progress has been made in attracting investment and urban construction in Laixi City, people's living standards have been further improved, the general public's demand for housing has become higher and higher, and their desire to improve their quality of life has become stronger and stronger. Therefore, Laixi City has liberalized the purchase policy of affordable housing. We will build large-scale affordable housing on Yantai Road, Chongqing Road, Beijing Road and Tianjin Road, and appropriately relax the household registration policy to meet the people's housing needs as much as possible. As the price of real estate is influenced by many factors such as land supply and transfer price, building grade and cost, I personally think that the future trend of real estate price in Laixi is likely to appreciate, but the extent of appreciation is ultimately determined by the market.