Property prices soar in Guangzhou idle Land Kings start

Source: Internet
Author: User
Keywords Plot Housing Bureau
Tags beginning developers group high higher information information times it is
The information Times reported in July this year that several 2007-year kings were idle. Since the second half of this year, the price of housing prices again higher, the first round of the birth of the real estate peak of the "king" has a new trend: The King of Panyu has officially returned to the king, Poly Gold Sha Chau Two kings have begun work, the Yunxiang Road to the king has begun preparation.  Reporters yesterday learned that, in addition to hung yuan in the golden sand Land King has not yet made a big splash, the other high-priced King began to start or prepare for construction. The king of Panyu back with the Gold group officially issued a "paper announcement" appearance, from the beginning of last year began pouring to return to the king of Panyu-Fanyu District Center District, South 4-2 plots, finally officially back. The King is in the Guangzhou land market, the highest heat of September 11, 2007 was born, but two years later, this should be built small and medium-sized plots, plots are still farmland and fish ponds, did not start.  November 27 This year, the Golden Land Group officially announced the reason for the land delivery, agreed to terminate the original contract, and returned the paid premium payment of 300 million yuan.  King of pouring in 2008, "Back to the Wind", by the industry people think that the land price is also higher than the same lot of housing prices, can not compete with the same lot of real estate, the king had to "bask in", developers would rather sit on the ground, to see whether there is a change in the market situation and then feel the next step to do. However, it is understood that the main reason for the return of the land is because the contract has expired, but the government has not yet paid the land, in accordance with the contract and the agreement between the two sides, the final only retreat.  The gold field also denies that the king has been abandoned because of capital pressures and strategic shifts. Jin Sha Chau, Wang Ming years listed in the Gold Land retreat, the site has been done before the construction of the--b3701a02 Wang Sha Chau and B3701a04 Massif, has begun construction in October this year. It is understood that these two plots will be developed into high-end residential market, including a villa group.  Although the project name has not yet been determined, it is scheduled to be available for sale next year.  In addition, Yunxiang Road King has also done construction projects, ready to start. And golden sand Another piece of b3702a06 block, with a total price of 2.1 billion yuan, floor price 7935 yuan/square meters in 2007 by the Shenzhen Hung Rong Yuanli War warlords won, has not yet begun.  Reporters from the relevant departments yesterday learned that the land is not yet clear to the direction. Municipal Land and Housing Bureau: developers are eager to start according to the Guangzhou land use right to transfer the contract, a "land" (that is, the completion of compensation for expropriation) from the actual delivery of land to start construction, generally given 12 months to 18 months of the commencement period.  The above 5 land kings are sold on the same day September 11, 2007, still not started by August 2009, has exceeded the deadline for construction, the development of enterprises have formed a contract breach. The city's Land and Housing Bureau said that the former king's default to take a reprieve, mainly in view of the international financial crisis and the special background of a sudden downturn in the property market, fear of handling the king will lead to the enterprise capital chain Fracture andDebt crisis. But since the second half of this year, as the property market gradually clear, property prices go well and developers to relax money, developers new land constantly.  In this case, the developers began to wait to start. According to the Guangzhou Land and Housing Authority related departments, the recent land began to start a lot, the relevant departments have been tracking the land, but the market changes too fast, land construction situation changes also very quickly.
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.