Property market crazy uncompleted building salted fish

Senhau apartment renamed Chaoyang Capital, the official sales of about 35,000 yuan per square metre of the report has been due to "the largest loan case" and the well-known Senhau apartment, once again become a hot property market-rotten tail 11 years after the "Chaoyang Capital" of the new case name in the official sales later this month, Estimated at 35,000 yuan per square metre, the current intention to register customers have reached more than 2000 people. "Now people buy a house really do not forget the past," an industry personage sigh, "even rotten tail building is a room difficult to ask."　　"Buyers do not forget that since the resumption of work in June this year, the rotten tail 11 years of Senhau apartment, now Chaoyang Capital, has been basically completed outside the façade operation, began to enter the internal transformation stage. According to the director of the Dragon Ocean Property company took over, last September 23, they bought this piece of uncompleted building from the court at 560 million yuan price, the floor price is about 10,000 yuan. "It was a risky shot, but luckily it was a gamble," he said. "Renamed Chaoyang Capital, the original used as a hotel room will be completely converted into residential, the second half of next year to complete." At present all the documents are available, the opening later this month, the price is not finalized. "Reference to the surrounding house prices, we are certainly not the highest, about 35,000 yuan per square metre." The owner said. As the project is located in the East two ring Chaoyang door, adjacent to the metro line Line 2, the surrounding historian Primary school, Beijing Secondary School and medical facilities, despite the high price, and with loan, rotten tail and other bad records, the intention to register customers still reach more than 2000 people.　　Sales staff also said that the availability of tension, the need for advance purchase. The development of rotten tail into a shortcut nearly two years in the capital of several famous uncompleted building salted fish. In addition to Senhau apartments, quiet more than 10 years of Rui Jie building has just become "Beijing-Thailand Autonomous City", Haitian Square changed to "Glorious Oriental Plaza", people source building has been taken over by Soho China, the world amorous feelings garden will be built in 2011 the largest water park, many rotten tail project in situ resurrection,　　Reflects the enormous energy that the capital boom is ubiquitous in the real estate market. "The development of new projects is certainly more freedom than the old items, but now the land price is too high, most of the uncompleted building is not large, the threshold is lower, even if the reconstruction, but also to save money to build the house." "One of the biggest advantages of the uncompleted building is the short cycle and quick results," says one developer. There is no demolition and other problems, and some even the quasi-existing homes, generally a year can be withdrawn funds. "Take Chaoyang Capital as an example, Dragon Ocean Real estate from September 2008 took over until the end of this year opening, but 03 months a year."　　10,000 yuan per square metre of floor price plus the cost of renovation renovation, over 20,000 yuan, at the price of 35,000 yuan, the annual profit margin is about 115%.　　In addition, as a result of the revitalized uncompleted building can beautify the city, create employment, contribution tax, in the takeover, sales and other procedures, will also be supported by the government departments. Short-term property rights of uncompleted buildings for the cause of uncompleted buildings, Zhongyuan Real estate general manager of North China Li Wenjie Analysis said that Beijing's rotten tail Louda is not due to the developers of the funds are broken, but because of the claims,Issues such as debt disputes or criminal cases. The famous economic commentator Tan, from a more macroscopic point of view, points out that uncompleted buildings are the product of the bursting of asset bubbles. "Every time a large number of uncompleted buildings are created, asset bubbles, including the bursting of the housing bubble, are on the rise." And every time the destruction of uncompleted building is the whole real estate industry began to rise, into the rising cycle. "Buy for many years of uncompleted uncompleted building, it is necessary to pay attention to, one is backward, the old facilities, may bring inconvenience to life, the second is the period of property rights shortened, real estate value will be correspondingly discounted." D140 News link Senhau Apartment loan Sen Hao International apartment was first developed by Beijing Huada Real Estate Development Co., Ltd., 1998 market, positioning for the price of 2500 U.S. dollars per square metre of export apartments. 2002, the project developers and lawyers, bank staff, fictitious 257 buyers, the use of a false commercial housing sales contract, mortgage-backed loan contract method, to the bank to defraud personal housing loans more than 750 million yuan. Senhau apartment also named "Capital of the largest loan uncompleted building." In September 2008, the Senhau apartment was auctioned off and the Beijing Dragon Ocean Real Estate Company and the Northland were cast as new developers and shareholders.