China is now the world's second largest economy (and the largest if measured in PPP terms). China's economic miracle is the greatest development experiment in human history.
“The 19th century may have belonged to England and the 20 century to the United States, but the 21st century belongs to China”, says American investor Jim Rogers.
Forget the 6 steps to get super rich, the only thing you need to do is to invest real estate in China.
Real estate prices have been rising robustly in recent years. The value of apartment located in the Caojiadu area of Shanghai has rocketed from $543 sq meters in 1998 to $15,959.68 in 2018. Full steam ahead in China!
Today we recommend you to try the Kyushu Construction project in Hegang City.
Macro Perspective: Hegang’s house price boom is coming
Compared to Beijing and Shanghai, Hegang may not be familiar to the international investors. In fact, Hegang is a metropolis with a population of over 1 million, and its urbanization rate has reached 83.3%, which is higher than the average level of America.
The city has recently grabbed attention of Chinese investors for the incredible house price.
The Kyushu Construction is a star project located the southern CBD of Hegang. The price here is start from $4 psf. ($43 psm.), and a set of 46 sqm. apartment costs only $2,200.
Let us make a comparison of property price between Hegang and other cities with one million population.
Munich is the third largest city in Germany with 1.45 million inhabitants, and the house price around city center has exceeded 9,000 euros per square meter.
Ottawa, the capital of Canada, which has the same latitude as Hegang. The population of Ottawa is about 934,000, and the house prices now at the average of $3,000 per square meter.
Copenhagen is the capital city, and the largest in Denmark. The population of the city proper is slightly more than 600,000. In 2018, the average city center house now selling for over 2000 euros per square meter.
China is still considered a developing nation, and will come a developed country by the mid 2020s. We have reason to believe that the property prices of the city exceeding one million in population will jump to the same level of cities around the world.
This point will be the best time to invest Chinese real estate in your life.
Hegang's economy remains robust. GDP rose by 7.3% in 2017, ahead of Vietnam’s 6.8% growth.
As cities develop, Hegang is undergoing a structural transformation. In 2017, services accounted for 36.2% of gross domestic product (GDP). Last five years, GDP attributable to the service sector grew at an average annual rate of 9.0%.
Considering these data, Hegang economy's rapid growth will continue.
The nearest international airport is Jiamusi Dongjiao Airport (IATA: JMU). Jamusi is another metropolis with a population of 2.34 million. International destinations include Korea and Russia. The airport also serves domestic flights to most major Chinese cities such as Beijing, Shanghai, Guangzhou, Shenzhen.
Train travel is the cheapest form of public transport from Hegang to Jiamusi. One-way trip ticket are very good value for money: 1-2 US dollars for 2nd class.
In January 2018, the Hegang Airport Project was officially approved. In addition, The Hegang high-speed railway officially began construction in December 2018.
A 2011 study by Morgan Stanley showed that properties along a railway network were 8 to 20% more expensive, and that the airport and HSR has a significant positive impact on property prices in general.
Micro perspective: New CBD
Location, location, location” is a common mantra in real estate. Real estate agents warn against buying a good house in an undesirable area, saying location trumps all. We totally agree about that.
Convenient living at one of Hegang’s most distinguished addresses. This is a truly unmatched, one-of-a-kind apartment at the new CBD of the southern Hegang.
The community is equipped with a local food market, and you can buy high-quality organic ingredients without leaving your home.
Surrounded by more than 20 restaurants, you can enjoy a wide range of Chinese cuisine within a 1-minute walk.
An address in Kyushu Construction is like resonating with the vibrancy of a dynamic and organic city. Where the unique Hegang lifestyle empowers one to embrace life and live it to its fullest.
0.18 mile to the local government;
0.24 mile to Kindergarten;
0.37 mile to primary school;
0.43 mile to hospital;
0.5 mile to the Church;
0.56 mile to high school;
0.62 mile to dental clinic;
Dozens of shops and billiards club within a 10-minute walk
0.8 mile to Mount Lulin
1 mile to Xiaohelin River
10-minutes drive to shopping mall and Stadium.
Tourism
Europe Heatwave turns killer, there are 1000 more people die in 2018 summer than average as temps soar.
The highest temperature in Hengang’s summer is only 24 degrees Celsius, it can be a dramatic destination for summer vacation to beat the heat.
Hegang owns Hegang National Park and near Xiaoxing'anling National Park. With it's countless fun-filled activities, it's easy to understand why Hegang was crowned the center of adventure tourism.
Enjoy all the adventure in the great outdoors, just the way you like it. The greatest challenge is deciding what to do first! Trekking, rafting, climbing, horseback riding, fishing, hunting and much more. The price of a five-star hotel here is only $40 a night.
If you are a skier, a ski pass valid up to 1 days is only 10 US dollars.
You can also experience the Russian tourism here. Mingshan Island located on Heilongjiang River, you can have a Russian landscape, and taste the unique China-Russian mixed cuisine.
Costs and Living
There are plenty of reasons why Westerners and other peoples throughout the world have been flocking to China to live and work for over a decade and have been in increasing numbers during recent years.
Firstly, you will not be discriminated against because you are a foreigner. On the contrary, you will find that Chinese people are generally willing to be friends with foreigners.
You don't need to worry about language problems. Mobile network throughout the country allows you to use Google translator to communicate with local people wherever you are. You can order everything you want online by Taobao.
The cost of living is incredible cheap. You can take a taxi to anywhere in Hegang with only $1-3. You will only need to pay $0.2 to buy the vegetables a meal, and you can buy 600g quilted pork within $2. (In fact, you don’t need to cook by yourself, the price of a delicious local meal is only $1.5-2. ).
Tipping is NOT a common practice throughout China, so there is no extra charge for enjoying kindly services in Hegang.
China's medical prices are extremely cheap, which are less than 1/10 of the US. In some area, such as surgical operations, China is at the top level in the world.
As we all know, China's basic education is a leading level in the world. The nine-year compulsory education system allows your kids to enjoy quality education for free. All schools in Hegang have Chinese and English courses, and some schools even offer Russian courses. As a foreigner, your children can easily apply to the top 100 universities in the world in China.
You may heard about the poor air quality on the news. Do not worry, the Hegang's air quality is in good condition for most of the year.
Firearm ownership law in the People's Republic of China heavily regulates firearms ownership, you don't need to worry about safety at all. As a foreign tourist, you can safely go out alone at night.
In Hegang, you can taste the cuisines from all over China and the world. As an important city in Northeast China, you can enjoy the world's most famous DONGBEI BBQ here.
There are a lot of Chinese Kung Fu schools. During you study abroad in Hegang, you don't need to buy a house, you don't need to pay the rent, the only thing you need to do is to pay the utility bill and gas bill.
In China, it is very easy for foreigners to find a job. If you are an English-speaker, you can serve as an English teacher online, which makes it easier than ever to make money.