Ministries And Commissions Policy Pressure On Land Market

stay Property market When the heating up is obvious and the "market" is ready to move, the relevant ministries and commissions of the state recently once again played the regulation of "combined boxing". Land market 。 How will the land market evolve after further policy pressure? Idle land Can the disposal be "loud and clear"? Can the incremental land supply plan be implemented as scheduled? The answer to these questions is directly related to whether the regulation can really work.

Land price: rational change or high price return?

On the eve of national day, three hot plots in Changfeng eco Business District of Shanghai were successfully sold. The floor price was over 20 thousand yuan / square meter, of which the highest floor price of Changfeng 8 was 25966 yuan / square meter, becoming a new high price area in Changfeng district.

However, the lowest premium rate for the three plots was 45%, the highest 73%, compared with the level of 100% over the same period last year, which has dropped significantly compared with the average premium rate of Shanghai's pure residential land in 1-8 months of this year.

The situation is similar throughout the country. According to the new data released by the China Index Research Institute, the average price of residential land in 105 cities in the past 1-4 months has dropped from 2175 yuan / square meter to 1526 yuan / square meter, and it has been temporarily "warming up" in 5 and 6 months, but it dropped to 1504 yuan per square meter in July, and it continued to rise in 8 and 9 months, reaching a 2731 yuan / square meter in September.

However, the premium rate of residential land in these cities continued to decline, and the year-on-year growth rate also declined significantly: in May, the premium rate increased by only 5%, while the 6-9 month premium rate continued negative growth. Chen Sheng, vice president of the China Index Research Institute, said that this shows that after the regulation, developers are getting more rational, and the requirements for cost control and quality of target plots are becoming more stringent, resulting in frequent transactions of high-quality plots, while the overall premium level continues to decline.

However, in this process, the price is rising at a high price. Especially since August, the land price of Suzhou, Hangzhou, Nanjing, Hefei and other two or three tier cities has been rising more significantly, and the impact on the market can not be underestimated.

Recently, the Ministry of land and resources and the Ministry of housing and urban and rural development jointly issued the notice on Further Strengthening the regulation of land use and construction management. It is required to strictly enforce the regulations on the single sale area of commercial housing land, and not to bundle up more than two plots. "When the competent departments of land and resources take part in the auction and hang out the land for the bidders, in addition to providing valid identity documents and paying the security of bidding (bid), they should also submit a bid (tender) deposit which is not a bank loan, a shareholder's loan, a commitment to lend and raise funds, and a credit certificate of a commercial financial institution".

Yin Bocheng, director of the real estate research center of Fudan University, believes that September and October is the peak period of land transfer. The timely introduction and regulation of the "land root" regulation and control policy will play a certain role in restraining the emergence of new high priced land. {page_break}

Idle land: can disposal be "loud and clear"?

Idle land is a persistent ailment of the property market. According to the data released by the Ministry of land and resources, as of the end of May this year, the total number of idle land reported in the country was 2815, with an area of 169 thousand and 500 mu. The industry believes that the actual idle land may be more than the number reported.

The above circular clearly states that it is necessary to strictly investigate and deal with the act of storing land and idle land. It is necessary to resolutely investigate and punish the land idle for the reasons of the enterprise itself. For the government and departments, the land and resources departments should actively cooperate with the competent departments of land and resources, and jointly investigate and deal with the land in a timely manner.

Once we find out how to deal with it, we should strengthen supervision on illegal activities such as land idle, changing land use and nature, delaying completion time, selling and selling, and so on. If there are records of illegal activities, we should suspend its issuance of stocks, corporate bonds and new land acquisition.

Yang Hongxu, Minister of comprehensive research of Yi Ju Real Estate Research Institute, said that in the real estate development process, how to deal with illegal activities is very important. This is not only related to whether a certain problem can be dealt with fairly and fairly, but also will play a demonstration effect in society, triggering a chain reaction.

SOHO Pan Shiyi, chairman of China's analysis, believes that idle land clearance will play an important role in "killing a warning". Even if only 8% or 10% of the idle land is recovered, the market will be greatly shocked. This will create great pressure on the rest of the idle land, and promote the development of these land, and the result is to increase the supply of housing on the market.

In June this year, the Ministry of land and Resources announced the timetable for the disposal of idle land, "inspectors in July, interviews in August and accountability in September". On the eve of this year's "National Day", three ministries and commissions, including the Ministry of land and resources, decided to assess and accountability the provincial people's government's efforts to stabilize housing prices and housing security. If the implementation of policies is not in place and the work is not effective, interviews should be held until accountability is taken.

"Accountability" can "ask", "responsibility" to the fundamental, how to deal with the idle land disposal, how many illegal "hoarding land enterprises" will be exposed and disposed of? The parties will wait and see.

Land supply: can paper cake turn to actual increments?

According to the plan announced by the Ministry of land and resources, this year, 30 provinces and municipalities except Tibet have planned to supply about 180 thousand hectares of housing land in 2010. Compared with the 76461 hectares of the actual housing supply in last year and the 54650 hectares of the actual land supply in the first five years, the increase is not too small. Among them, the land for affordable housing is more than 24000 hectares, more than double that of last year. The "gate" of the land plan has made the market shout "enjoyable".

According to the statistics of Zhongyuan Real estate, as early as September, except for Shanghai, the first tier cities only completed two or three of the land supply plan this year, and the actual supply of land in cities such as Chengdu and Wuhan was only three to 50% of the 2009 supply. Qin Hong, deputy director of the policy research center of the Ministry of housing, urban and rural construction, also said that the total supply of land for planned housing construction in 2010 was far more than that of last year, but some cities still fail to reach the goal. She said without worry: "policy design is good, if it can not be implemented, it will become empty."

The industry is also worried that the number of planned land supply this year is significantly greater than in previous years. If we do not change the status of land market management, will there be "idle supply side" situation?

The relevant ministries and commissions have recently strengthened the annual plan management of housing land and housing construction, and called on all localities to implement the prearranged arrangement of the land supply according to the annual plan, and jointly agreed to implement the annual construction tasks of the identified affordable housing, shanty towns transformation housing, public rental housing and small and medium sized ordinary commodity housing to the plots. "The place that has not completed the above housing supply plan is not allowed to provide the land for the construction of the large apartment with high-grade housing", and requires that all localities should increase the inspection power of the inspectors on the actual completion of the housing construction plan and the land supply plan in 2010.

"We must push the regulation to a deeper level before we can achieve the goal of this round of regulation and control." Yang Hongxu said.