Guangzhou: Low price hoarding land not to be developed to fill the premium

In order to curb the developers hoarding speculation, Guangzhou recently issued a method of idle land treatment, which increased the penalties for land idle behavior, including the first clear, if the value of idle land, developers need to be new market assessment to pay the premium. The industry revealed that the canton Golden Sand area has developers in the early years to 900 yuan per square metre of the price of land, but until the 2006 before and after the housing market boom before the building to sell, when the Guangzhou house prices have risen to nearly million per square metre. Reporter Dan: low price take place high price to sell the property market is one of the means of developers to play to the real estate industry experts believe that this new measure reflects the fairness of the land market to the developers of the impact is very large, Guangzhou the construction of land and Housing Bureau is located in the deputy Director Chei Hao:　　For example, some areas in the early years of the sale of the price is very low after so many years of development of the value of the land increased in accordance with the current price adjustment. The land idle fee unifies according to the transfer or the allocation land price 20% one-time collection, overdue does not pay, increases by the day 1% the late fee. Experts believe that the early to take the land of developers to pay the land price in the operation has a certain degree of difficulty, the proposed public list, with the help of public opinion pressure to monitor and combat the developers of hoarding behavior. Real Estate expert Han Xi: To increase openness and transparency, the State of development and vacancy of all land and the collection of idle expenses should be published regularly.