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Where in Foshan is the store cost-effective and suitable for investment?
High store prices in the old city with limited potential for appreciation

Songfeng Road, Gaoji Street, Shengping Road, Just Road, Jinhua Road, Ancestral Temple Road ...... Strung together by these old Foshan's most familiar streets is precisely the Ancestral Temple shopping district, where Foshan's commerce originated.

As the traditional cultural center of Foshan, the popularity of the Ancestral Temple shopping district needless to say, its store prices are not cheap. Comprehensive analysis of the ancestral temple business circle, Jihua business circle and Guicheng business circle store price situation, the ancestral temple business circle store price is the highest, the same as the first floor store, the threshold for starting up to Jihua business circle of up to four times.

But from the Ancestral Temple business district rent, over the years has been stagnant state, which traditional business district building age older street store rent even began to show a downward trend.

Smaller comparison of 2016 and 2018 "Foshan City, Chancheng District, housing rental market guide rent standards" found that, including the people West Road, just Road, Fenning Road, etc., *** more than 70 road sections of the street store rent did not change in three years, and even individual store rent decline.

Section

First floor store rent in 2016 (yuan/㎡-month)

First floor store rent in 2018 (yuan/㎡-month)

Flu Road

70

70

West Renmin Road

50

50

Jiajia Road

40

40

Fenning Road

30

30

Zhongshan Road

20

20

Tangyuan East First Street

40

35

Lui Hong Street

40

30

Comparison of guideline rent for stores in some sections of the Ancestral Temple business circle

Guicheng business circle:

Surplus of large-scale commercial bodies High commercial vacancy rate

Besides the Ancestral Temple business circle, the Guicheng business circle is also recognized as one of the traditional business districts by Foshan people. But in recent years, with the addition of more and more new commercial bodies, Guicheng commercial surplus problem has become more and more obvious.

Combing the newly opened malls in Guicheng in recent years, it is not difficult to find that in just five years, Guicheng has opened 15 new shopping malls, with a total business area of more than 1,536,000 square meters. New business in the business district to add new blood at the same time, a number of commercial areas have to face the situation of poor business.

Old shopping malls such as South China Sea Plaza, Shunlian Outlet has a large area of vacant stores, new businesses such as Yue Wan City, Yuexiu Yuehui Tiandi since its opening has also been popularity flat, and even encountered the embarrassing situation of recruiting business. Even the street stores can not escape, by the Guicheng commercial surplus, Guicheng, many street stores have to face the fate of closure, street store vacancy phenomenon is serious.