Developers benefit from commercial and residential building investment turnover value added tax up to 60%

Source: Internet
Author: User
Keywords VAT commercial and residential building
Every reporter Zhang Ye light from Shanghai Shanghai property market regulation of the rules of the late, "real estate tax" This sword is still hanging overhead, triggering a strong market watching mood, which also makes the Shanghai housing market a cold. In this case, the rise of commercial and residential buildings, on the one hand, investors are eager to pay attention, on the other hand, developers also seize the approval.  However, some people in the industry pointed out that the value of commercial and residential building investment is not because of the new deal and become bigger. Developers benefit commercial and residential building Shanghai Xiayu, director of the Research Consulting Center, said in an interview with the Daily economic news: "The office supply in Shanghai is significantly higher and the demand for office buildings is not large." In terms of supply, the proportion of commercial housing is upside down. Due to the huge demand for housing in recent years, commercial and residential buildings have been transferred by merchants. According to the information provided by the Fang Fang Real Estate advisory body, Shanghai 2009 supplied 10 million square meters of commercial land (building area) and more than 6 million square meters of commercial land in 2010.  and commercial and residential building area, March this year amounted to 20,000 square meters, April is reached 34,000 square meters of historical highs. "For private enterprises, especially those who enter Shanghai for business, such as renting or buying office buildings, they have to rent hotels or apartments to solve life problems." While the commercial and residential buildings can meet both the needs of life and work, they can reduce the amount of expenditure.  "Harelin Investment consulting a senior researcher wrote. Due to market competition pressure, subject to the project location, surrounding environment, potential customers and other aspects of the impact, some project developers if the insistence on building housing will lack of competition, and to live will be more to meet market demand, and sales cycle is short, the speed of fast.  At the same time, because the new commercial and residential projects than the same location of the price of housing prices, developers to develop such properties will have the opportunity to obtain greater benefits. The transfer of value-added tax is up to 60% as the residential market is subject to credit control, while commercial and residential buildings continue to use the previous rules for credit.  In order to continue to use loans to invest in the property market, some investors will be money to the commercial and residential buildings, some large and medium-sized city of commercial and residential buildings are also hot. Kuanjunwei, manager of the business Department of Fang Fang Real Estate Consulting, said that many investors were in fact not expected to pay for the late transfer of commercial and residential buildings when they were living in the investment business. According to its introduction, commercial and residential building second-hand transactions in addition to the need to pay tax, sales tax, but also to pay VAT. "Value-added tax generally according to 30%~60% income, the greater the amount of value-added, the greater the tax increase." "Kuanjunwei analysis, compared to residential, commercial and residential building is more flexible, can live and can work, and can register companies, which by many small and medium-sized owners welcome." However, commercial and residential buildings are living in a poor living environment, high water and electricity costs are inferior, and commercial and residential buildings used for office, quality is also poor. "From the current prices of commercial and residential buildings compared to the price of pure office buildings, the price of pure office buildings is significantly higher than the commercial and residential buildings." The reason is that the pure office-oriented customers for large companies and multinationals and other large enterprises, supporting a higher level of planning standards. and the commercial and residential buildings because of the inclusion of residential, price levels tend to the same areaHousing prices, and because of the community environment and the use of life limits, and even slightly lower than the price of residential buildings in the same area. In any case, the investment value of the commercial and residential buildings has not increased, the market rents and the transfer fees are the same as the original. A set of commercial and residential buildings with an added value of $1 million to $2 million will cost about $500,000 for sale. "Kuanjunwei Introduction," The current Shanghai commercial and residential buildings in the general rent in 2~3 yuan/square meters/days, rent and sale ratio is not high. "Daily economic news" reporter from some Shanghai intermediary learned that the commercial and residential buildings in the second-hand market is relatively small. Some investors look forward to the late market trend better, hoping to transfer the cost of the transaction to the homes. "Buying a house will pay a tax of hundreds of thousands of yuan, and basically divert attention to the house." Many landlords tend to make the total price low, but less tax is limited.  "said an intermediary in downtown Shanghai. Shanghai is not clear whether the introduction of restrictions May 19, Beijing living Construction and other departments issued notice, prohibit the hotel category of the sale of items. Industry analysis of this policy has been passed out in Beijing, the next step will be "issued" to standardize the business, Office-type project information.  In the previous two days, Zhejiang Ningbo issued the "Ningbo Office Building Administrative Licensing Interim provisions", the apartment-type office buildings (commercial and residential buildings), hotel-style office building property owners limited to legal entities. Personal purchase of Shanghai's commercial and residential buildings, serviced apartments will not be able to do the title card, many investors are prepared to invest in residential building worried.  Some commercial and residential building developers to step up the project approval, hope that in the policy before the real estate market. The daily economic news reporter called Shanghai Housing Bureau in this regard, but did not receive clear information on this. Xiayu, director of the Shanghai Institute of Consulting and Research Center, said: "Shanghai itself has a large supply of office buildings, the lack of housing supply, if the restrictions on commercial and residential buildings, may aggravate the vacancy rate of office space, Shanghai introduced restrictions on commercial and residential building policy is not likely." "Against the commercial and residential buildings, Xiayu suggested that developers can first do the first approval of the program, carefully take such land, and products to diversify, such as the original only 40, 50 square meters of single apartment, now can try some large area of the executive suite and so on.
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