Shanghai's largest land transfer or continued cold reception

Source: Internet
Author: User
Keywords Go on cold shoulder
Shanghai's real estate market is likely to usher in a more serious wait-and-see atmosphere, and its planned largest land transfer activities in history may also be affected by the "Caixin Network" (Integrated media), the biggest land transfer activity in Shanghai's history, is overshadowed by a cautious wait-and-see atmosphere,  The news of the Housing tax reform may further strengthen the trend.  According to the June 1 news of China Securities Daily, 105 of the 28 plots appeared as pre-applicants, 15 of the land would be postponed and four plots would be terminated. Prior to April 23, the Shanghai Municipal Planning and land and Resources Administration announced this year, "1th Bulletin", to sell 105 plots, the total area reached 5.05 million square meters, the total price of the sale amounted to 46.5 billion yuan, the total margin of about 2.3 billion yuan.  This is the largest in the history of Shanghai land transfer.  These plots are related to commercial, financial, residential, tourism, public service facilities and other aspects of land use, land distribution in Baoshan, Chongming, Minhang, Zhabei, Pudong New Area, of which 24 of pure residential plots, accounting for all the listed land proportion of about 23%, pure residential transfer total area of about 2 million square meters.  The industry believes that Shanghai is so densely introduced land, the rare increase in land supply, is to send signals to the market to stabilize the land price.  However, despite the major developers to attend the promotion activities, but the enthusiasm is low. From May 18 to the start of the introduction to May 31, a total of only 28 plots of pre-applicants, of which only 16 of the plots appear more than three of the advance application.  At the same time, 15 pieces of land will be postponed and four plots will be terminated.  China Index Research Institute issued a report that the increase in the land transfer gold down payment ratio, increase the supply of residential land, to combat hoarding, improve the small and medium-sized housing and the proportion of subsidized residential land and other regulatory measures, has been the development of enterprises to take a greater impact on the expected, the level of the sale of the  On May 31, the State Council approved the National Development and Reform Commission to deepen the reform of the financial system, such as the reform of the economic system, including "the gradual promotion of property tax reforms, research and implementation of individual income tax system reform, improve the consumption tax system." The announcement of the news has made it clear that the market has long been speculating on the issue of tax collection in real estate holdings. And as the property tax, housing tax rumors "ridden" key cities, Shanghai real estate market may usher in a more serious wait-and-see atmosphere, its planned large-scale land transfer activities may also be affected. (Caixin reporter Xu Ming)
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