Land transfer Gold Brewing again 10% Land Ministry led property control second wave

Source: Internet
Author: User
Keywords property market Territory land transfer gold and then mention
This reporter Yang Shi province Beijing reported "do not relax." July 1, "Huaxia times" reporter from the Ministry of Homeland exclusive learned that "continue to strengthen the real estate management and control" is the Ministry of Homeland Minister anticipating June 28 afternoon chaired the 17th ministerial meeting of the substantive points.  The current stalemate in the housing market, this is called the first official stance. The Ministry of Land, chief planner Hu Cunzhi A recent speech also can explain the problem, "for the transferred land, the land sale price is not lower than the local benchmark land price of 70%, the bid land transfer is not less than the lowest selling price of 30%."  "This is the distance from March this year, the Ministry of Land to strengthen the supply of real estate and supervision of the relevant issues of the notice (" article 19th ") stipulates that" The land transfer payment by the developer shall not be less than 20% of the selling price "is only 3 months apart. In this connection, "Huaxia Times" reporter on 1st 4 o'clock in the afternoon to call the Ministry of Land, its planning division told the Land Use division, the Land Use Division to inform the Secretary for Financial services. "The policy is led by the Treasury and we are just cooperating." A woman in the Financial secretary told reporters.  But Treasury officials contacted by the press declined to comment. "Policy has been from regulatory demand to tighten the path of developers ' loans gradually began to increase the developer's capital chain pressure." "A number of real estate experts to the reporter expressed the view that a further increase of 10% of the land transfer money, indicating that the land market will be further regulated."  But reporters found that, despite the current property market regulation, developers face sales difficulties, but many housing enterprises to take the pace has not slowed.  Leasing 10%? On June 26, at the 2010 Real Estate Summer Summit, the Ministry of National Planning Hu Cunzhi publicly pointed out that for the land sold, the auction land transfer is not less than the minimum price 30%. To the price as high as 5 billion yuan block for example, according to 30% pay leasing, then up to 1.5 billion yuan.  This is the real estate business capital chain is a not small test. In mid-March, the Ministry of Land issued the "19th article" provisions: the developer to deliver the land transfer money must not be less than 20% of the selling price. "After the sale of the land, the contract must be signed within 10 working days and the first payment of 50% of the selling price must be paid within 1 months." "Some people in the industry believe that 3 months have passed and the land transfer threshold is still brewing in the Ministry of Land."  Hu Cunzhi's stance, and the Ministry of Land with the help of the transfer of money to regulate the price of the same practice. In fact, since April 17, "10" since the introduction of the land market in Beijing has been significantly colder than before. "Beijing showed 0 weeks in mid-May, and in June the property developers were not willing to take it." One expert told reporters. Located in the town of Shunyi District, "Ma Po East (plot i) residential Project Land" was originally scheduled for June 30, but postponed; a residential land in Tongzhou also suffered a delay, which will certainly affect Beijing's land transfer income.  In June, Beijing's land sales were only 3.3097 billion yuan, shrinking by nearly 70% in May. The new deal affects not onlyConfined to a first-tier city. "In the 12 key cities of the country, June did not launch quality plots." "Zhongyuan Real Estate research center researcher Shei said.  But according to many reporters interviewed, the current market still has exuberant land demand. Leasing "The Beihu Oasis Garden Project of the bottle kiln was not able to pay the land and the land was being reclaimed." "1st, a person at the Yuhang branch of Hangzhou Land and Resources Bureau said.  It is reported that in Hangzhou, only Yuhang this year, there are 17 land use projects have arrears behavior. Reporter learned that the Ministry of land in June, launched an illegal inventory storm, requiring local strict handling of arrears of land transfer behavior, and by the Ministry of Finance and the CBRC dun of the local government began to recover land transfer money.  The recovery of land transfer gold, is undoubtedly to make the funds tight small and medium-sized housing enterprises worse. Soon, the continued downturn in the property market was transmitted to the land markets. In Shanghai, Asahi Group June 23 to 762 million yuan to take the Shanghai Qingpu massif, floor price less than 6000 yuan/square meters, this land is equivalent to the region's 2007-year price. Subsequently, Shanghai also spread the wind of "retreat".  In Beijing, Fangshan District Sinus store block due to the Xianzao stream, Beijing Municipal Land Consolidation Reserve Center market trading Minister Leilei said, Beijing lowered the tender price, the plot eventually sold at tender prices. In addition, the Ministry of Homeland is strict crackdown on land data. "The Ministry of Land dispatched 15 working groups to the 30 provinces on June 26 to verify the accuracy of the reported data."  "This is the first time the Ministry of Homeland has covered the country with inspections," said an official from the Ministry of Homeland. Under the strict regulation of land policy, the proportion of land turnover in May was declining.  Data show that May the national 70 key cities in residential land transactions 188 cases, the chain reduction of 14%, year-on-year reduction of 11%, the land area of 13.47 million square meters, the chain reduction of 13%, increased by 11%. The second wave regulation comes "regulation not to relax". "At the 17th meeting of Ministers, anticipating, Minister of Homeland Affairs, stressed. Coincidentally, the Ministry of Housing and Urban and rural construction also met to deploy real estate regulation.  In addition to the above two ministries, the relevant person in charge of the State Council in a working conference held by the provincial deputy governors, said that the "new country 10" Regulation has achieved preliminary results, the next step is to grasp the "new country 10" policy of concrete implementation. Chen Kwok-keung, vice president of the China Real Estate Society, is that two ministries frequently move, signaling that the government's determination to regulate the real estate market has not changed. "If the previous control measures are not effective, the central authorities do not rule out a new regulatory strategy."  "A number of experts told reporters that the first-tier city housing prices are still in a state of stalemate, did not appear a significant decline." However, the current performance of the property market is "the amount of price reduction." Some experts investigate the reason: First, the company also has a lot of cash; the second is that many developers have fantasies about the future; the third is to "protect eight" target central to the property market regulation will loosen. However, this is in 2007 for real estate regulation, the forceDegree and determination came more fiercely.
Related Article

Contact Us

The content source of this page is from Internet, which doesn't represent Alibaba Cloud's opinion; products and services mentioned on that page don't have any relationship with Alibaba Cloud. If the content of the page makes you feel confusing, please write us an email, we will handle the problem within 5 days after receiving your email.

If you find any instances of plagiarism from the community, please send an email to: info-contact@alibabacloud.com and provide relevant evidence. A staff member will contact you within 5 working days.

A Free Trial That Lets You Build Big!

Start building with 50+ products and up to 12 months usage for Elastic Compute Service

  • Sales Support

    1 on 1 presale consultation

  • After-Sales Support

    24/7 Technical Support 6 Free Tickets per Quarter Faster Response

  • Alibaba Cloud offers highly flexible support services tailored to meet your exact needs.