Richard Li's company suspended in Beijing land deal

Source: Internet
Author: User
Keywords Land Territory Ministry of Land and Resources
Tags company daily economic news developers development high listed market notice
"Country 19" issued more than 10 hours 9 provinces (cities) 18 unused to be disposed of the core tip: And these are dealt with the land, it was last December 23, the Ministry of Land and Resources held a listed supervision of the 18 real estate development of the vacant lands.  A "land purge storm" from the central to the place is coming. Every reporter Yang Yiqiang intern rolen from Shanghai Department of Land and Resources March 10, "on strengthening the supply of real estate and supervision of the relevant Issues notice" (hereinafter referred to as "State 19") only released more than 10 hours yesterday (March 11) afternoon, China land Market, co-sponsored by the Land Use management Division and the Law Center of the Ministry of Lands and Resources, published a blockbuster news: Beijing, Shanghai and other 9 provinces (cities) 18 of the disposal of idle land, Mr Li's Hong Kong Pacific century, the Chinese sea and many other well-known real estate companies have been handled by various departments of the land,  The severest penalty is the suspension of its new land-transfer activities in the local land market during idle periods. The latest announcement of the provincial and municipal land and Resources Bureau's website confirms the above news. And these are processed plots, it was last December 23, the Ministry of Land and Resources held a listing of 18 real estate development idle land.  A "land purge storm" from the central to the place is coming. In fact, in the 10th release of the "State 19" New Deal, the disposal of idle land is the fastest "landing".  "State 19" of other policies, such as the payment of land security should not be less than 20%, to ensure that affordable housing, squatter reconstruction and residential small and medium-sized residential building land, to ensure that the above land is not less than the total supply of housing construction land of 70%, and not immediately implemented in all parts. Gongti 4th was idle four years yesterday was disposed of 18 land respectively in Shanghai, Beijing, Zhejiang and other 9 provinces (cities), was last December 23 by the Ministry of Land and Resources publicly listed overseeing. Of these, Beijing has the largest number of 5 cases of land being punished.  Among them, involving Gongti 4th, such as the early period by well-known enterprises hoarding hot plots. Block 4th was originally owned by Richard Li's Hong Kong Pacific Company, which was exposed because the land had been idle for more than 4 years.  Beijing Land and Resources Bureau issued the treatment of the opinion is: Since the plot has exceeded the commencement time stipulated in the land transfer contract and has not applied for the delay of the completion time, it shall be fined in accordance with the relevant regulations, and the trading behavior of the company and the former shareholder, Hong Kong Pacific Century Group and its affiliated companies in the Beijing land exchange market is suspended.  China Sea Real Estate is located in the Changchun Green Park, Jilin Province, east of the automobile and trade zone, south of the King Road, Puyang Street West, the planning road north of the idle plots, but also because more than a year, but has not been developed by the Changchun State Land Authority punishment. How to view the above-mentioned punishments of the Ministry of Land and Resources of the provinces (cities)?  The foreign liaison offices of the real estate giants such as the Hong Kong Ruian building, which took over the Beijing No. 4th plot, were not responded to yesterday. "Country 19" sword refers to high prices in fact, the "heavy" treatment of idle Land, is the most rapid implementation of the new policy of "country 19". Yesterday, the "Daily economic news" reporter has investigated Beijing, Shanghai, Hangzhou and other areas of the current listing of land sold, whether because of the new deal with the Ministry of Land to raise the proportion of the transfer of money. The result is that the city is responsible for land market transactions related staff informed that the land is being listed in accordance with the original provisions of the land transfer payment.  The newly-listed land may raise the land transfer to 20%. As to whether the local will immediately start to improve the security of housing, squatter reconstruction and housing for the small and medium-sized residential building land accounted for all the construction land supply proportion of the total?  For the "Daily economic news" reporter's above questions, Beijing, Shanghai and other land and resources departments in the Office of the relevant officials do not have the first time to respond.  Compared with the relative slowness in the implementation of the other relevant provisions of "State 19", the process of dealing with idle land in these 9 provinces (cities) is almost identical with the 19 new policies of the Ministry of Land. Chen, vice president of China Index Research Institute, said this is because the country will make more housing supply a priority this year. And this time, "country 19" itself considered very fine, there are normative market, improve the laws and regulations of the intention.  Through such a series of penalties, can increase supply, combat hoarding behavior. Professor Yinbercheng, director of the Real Estate Research center of Fudan University, has the same point of view: "This action, for large developers, especially in the former the" King of the "phenomenon, has a positive warning role in the future development of real estate has a positive significance.  According to the analysis, the Ministry of Land and Resources issued and quickly implemented a series of strong policies, may be due to the recent "two sessions" of the convening of the National people for the real estate industry and high prices of the desire to express the unprecedented strong, but also shows the government to rectify the real estate market, the determination to stabilize housing prices. Shanghai Fang Fang Real Estate consulting agency manager Shakawa also believes that the policy is conducive to the stability of housing prices. He said that in the past, land developers will generally increase their profits by delaying the payment of land leasing, covering their own plates and other means. The most direct impact of the country's series of policies, including raising the down payment on land deposits to 20% per cent, will affect the impulse of the developers to take their land.  Through the regulation of idle land, and the development of land time restrictions on developers, the supply of real estate will also be increased correspondingly, which has a positive significance in regulating the further rise of house prices. Yinbercheng said, the policy of the introduction of developers speculation real estate, property has a huge deterrent effect.  If the developers continue to despise this, do not rule out the country will introduce a series of more stringent regulatory measures may.  Related news Guangzhou, Shenzhen to increase the security housing investment March 10, the Ministry of Land and Resources issued "on the strengthening of real estate supply and supervision of the relevant Issues notice" (hereinafter referred to as "notice"), Guangzhou, Shenzhen and other fields have implemented relevant policies to improve developers to take the threshold. Guangzhou official sources, Guangzhou this year to speed up the protection of housingConstruction, will be completed 3 million square meters of new construction of affordable housing, while the launch of pre-sale 5000 sets of affordable housing.  The planned reserves of affordable housing construction land reached 8, about 5 square kilometers. It is reported that 2009 Guangzhou new illegal land area is equivalent to 1/10 of 2006.  In the fight against hoarding, has accumulated the total recovery of idle land nearly 27 square kilometers, according to law, seriously deal with the default "high price."  Guangzhou, deputy director of the Land and resources and Housing Authority, Xu Hong said that each resumption of unused land will be published on the official website for inspection.  In addition, for the penalty of unused land, in March this year, the Guangzhou municipal government greatly increased the standard of idle land, after the determination of land idle over 1 years, the land idle fee is no longer monthly collection, but the uniform provisions in the transfer of land price of 20% or allocated land price 20% one-time levy, increased the supervision of land supply.  According to the latest Guangdong property market "Blue Book" pointed out that the land supply in the "Shenzhen Housing construction Planning 2010 Implementation Plan (draft)", will supply 800,000 square meters of new commercial residential land.  Because most of the land investment in Shenzhen market, for developers, the development of large-scale or luxury projects profit more, the current Shenzhen land is more and more tense, almost no new land can be granted, now the government is very strict in the field of approval, in addition to the large-scale transformation of the old City "Teng" to increase land supply. The Blue Book report shows that Shenzhen this year will have 22,300 sets of affordable housing investment construction, accounting for the 2009 total housing transactions of about 10%, to alleviate the rigid demand plays a greater role.
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