Public Housing Allocation Model in the Guangdong-Hong Kong-Macao Greater Bay Area under Clustering Algorithm

<table class="table-group" id="tab1"><tr><td><table class="table"><tr><td class="thead-hr" colspan="4"><hr/></td></tr><tr class="thead"><td class="align_left">Transaction volume (100 million)</td><td class="align_center">2018</td><td class="align_center">2025</td><td class="align_center">Average annual growth rate (%)</td></tr><tr><td class="thead-hr" colspan="4"><hr/></td></tr><tr><td class="align_left">New house</td><td class="align_center">11243</td><td class="align_center">15323</td><td class="align_center">4.5</td></tr><tr><td class="align_left">Second-hand house</td><td class="align_center">12918</td><td class="align_center">21852</td><td class="align_center">7.8</td></tr><tr><td class="align_left">Total</td><td class="align_center">24161</td><td class="align_center">37175</td><td class="align_center">6.3</td></tr><tr><td class="align_left">Proportion of second-hand houses (%)</td><td class="align_center">53.5</td><td class="align_center">58.8</td><td class="align_center">0.75</td></tr><tr class="table-tr"><td colspan="4"><hr class="tbody-hr"/></td></tr></table></td></tr><tr class="table-fn"><td><div>Data source: estimation of Beike Institute.<br/></div></td></tr></table>

<div>The predicted housing transaction scale in the Guangdong-Hong Kong-Macao Greater Bay Area in 2025.</div>

Complexity

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Table 1

Table 1: Public Housing Allocation Model in the Guangdong-Hong Kong-Macao Greater Bay Area under Clustering Algorithm 