综合一区欧美国产,99国产麻豆免费精品,九九精品黄色录像,亚洲激情青青草,久久亚洲熟妇熟,中文字幕av在线播放,国产一区二区卡,九九久久国产精品,久久精品视频免费

USEUROPEAFRICAASIA 中文雙語Fran?ais
China
Home / China / Business

Beijing sees record 'land rush'

By Zheng Yangpeng | China Daily | Updated: 2015-01-09 09:28

Price tags shattered as developers snap up five suburban sites

Beijing's land market started the year with five plots sold at record prices within three days, underscoring how the capital remains red hot as developers shun smaller cities.

A consortium including China Resources Land Ltd and Ping An Real Estate Co won a large residential site in the southwestern Fengtai district on Wednesday for 8.625 billion yuan ($1.39 billion), making it the most expensive plot in the capital's history.

The price tag, 22 percent higher than the government's opening price, represents 20,600 yuan per square meter. Excluding some apartments that will be subject to price caps, the winning bid works out to more than 50,000 yuan per sq m.

Mao Daqing, chief executive of the Beijing division of the nation's second-largest developer, China Vanke Co, told reporters after the auction that the city's housing price will enter the "above 60,000 yuan (per sq m) era" in 2015. The company participated in the auction but did not win the bids.

Wednesday's deal broke the record held by a commercial-residential site in downtown Beijing's Huajia Hutong, which was sold to Beijing Huarong Infrastructure Investment Co Ltd for 7.46 billion yuan in August.

Just two days earlier, a consortium including The Wharf (Holdings) Ltd and China Merchants Group paid 8.6 billion yuan for two adjoining sites in Fengtai. The winning bid was 50 percent above the floor price.

In just three days, Beijing's district governments, all in suburban areas, sold five plots worth 17.93 billion yuan.

In 2014, despite an unprecedented property market downturn, the Beijing government raked in 191.7 billion yuan from land sales, up 5 percent year-on-year. It was the largest amount for any local government in the country, according to consultancy China Index Academy, a division of SouFun Holdings Ltd.

On a per capita basis, the amount would work out to 9,129 yuan for each resident of Beijing.

"All top 50 Chinese developers want a share in the Beijing market, which makes competition here really intense," said Yan Yuejin, an analyst with E-house China R&D Institute. "Driven by this, it is logical that Beijing's property market will enter the 'above 60,000 yuan era'."

"As the campaign to integrate Beijing with neighboring regions deepens, land prices in the capital's suburban areas will go up. So will home prices there," he said.

Beijing, Tianjin and Hebei province are seeking to unify their economies into a "capital economic circle".

The latest bids also reflected a couple of market trends, analysts said.

For one thing, soaring prices prompted developers to bid in partnerships. That happened on both Wednesday and Monday. It took more than 50 and 20 rounds, respectively, for the winner to emerge.

For another, developers also have to accept stringent conditions by the government to win the bid. In each case, developers promised to allocate a considerable proportion of the land for price-capped homes, which significantly cuts their profits.

While Beijing's land sales climbed to a fresh high, most second- and third-tier cities saw their land sales revenue plunge by more than one-third last year.

According to the China Index Academy, first-tier cities in 2014 sold 506.8 billion yuan of land, down 3 percent. But that corresponded with smaller areas sold, and the average land price actually surged 41 percent.

In third-tier cities, however, land sales dropped 37 percent and the average land price fell 2 percent.

zhengyangpeng@chinadaily.com.cn

Beijing sees record 'land rush'

Representatives of real estate developers watch a land auction through closed circuit TV in Beijing on Monday. In 2014, the Beijing government raked in 191.7 billion yuan from land sales, up 5 percent yearonyear. Wang Guibin / For China Daily

Editor's picks
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
华阴市| 温州市| 泾川县| 林州市| 余干县| 巴林右旗| 镇远县| 调兵山市| 英山县| 沙湾县| 平山县| 晋城| 建瓯市| 尉氏县| 全南县| 金塔县| 鹰潭市| 龙岩市| 锡林郭勒盟| 平果县| 凤冈县| 咸宁市| 伊宁县| 鄄城县| 伊宁市| 海南省| 栾川县| 江孜县| 溧阳市| 上蔡县| 海阳市| 巴东县| 宝鸡市| 祁连县| 深州市| 中西区| 双牌县| 固安县| 南雄市| 邯郸县| 高州市|