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50 years of “land sales” income of more than 500 billion yuan

Time: 2018-02-09         Source: China News         Author: China News Network

China News Service, Beijing, February 8th The opening of the year in 2018, the trend of a large number of hot cities to push the land has not been changed, the land turnover in many places continued high.

Statistics released by Centaline Property Research Center on the 8th show that 50 monitored cities, including Hangzhou, Wuhan, Fuzhou, and Beijing, have collected 502.258 billion yuan in land sales this year (RMB, the same below). Among them, the highest land sales revenue in Hangzhou was 59.11 billion yuan, followed by Beijing, which was 55.81 billion yuan, and Suzhou was the third, with 49.2 billion yuan.

Data Map: Buildings under construction. Photo by Sun Rui

In addition, 11 cities, including Wuhan, Fuzhou, Guangzhou, Zhengzhou, Chongqing, Jinan, Tianjin, etc., started to sell more than 10 billion yuan in revenue for more than a month.

In January, after the appearance of three homestead bettors in five days in Beijing, land market transactions picked up in early February. All six parcels that were re-selled on February 2 and 6 were traded. In just one week, Beijing’s land sales revenue exceeded 15 billion yuan.

Zhang Dawei, chief analyst of Centaline Real Estate, pointed out that land sales in many cities in China are still at a high level, and the enthusiasm of housing enterprises for acquiring residential land is still high. Since the end of last year, some land plots have appeared in Beijing, Nanjing and other places. The main reason is that some plots have multiple complex attributes, resulting in weaker willingness of real estate companies to acquire land. In addition, the recent strict supervision of trust and other funds, so that real estate companies are relatively cautious on the higher total price.

However, in January of this year, the performance of the leading enterprises in the housing industry has continued to rise, and there is still a lot of impulse to get land and increase land reserves. Country Garden, Vanke, and Evergrande have all sold more than 60 billion yuan in January. According to the Statistics and Research Center of Keruiru, in January 2018, the value of new land of the top ten housing enterprises was as high as 319.6 billion yuan.

In spite of the active transaction of land, it is worth noting that the premium rate of land transaction in various places is basically stable. The rate of premium in most cities remains low, and the transaction of the reserve price in many plots occurs.

According to statistics from the China Index Academy, in January, the average premium rate of residential land for 300 monitored cities was 24%, which was the same as last month and 7 percentage points lower than the same period of last year. In particular, in the top ten cities with land transaction prices in January, the average premium rate for land transactions in a single month was 33%, which was 41% lower than the same period of last year. Continuing regulatory policies effectively controlled the trend of premium rates.

Author: Pang loudly

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