China Financial Daily

Beijing house prices up big with developers “cover plate” of the
June, Beijing rings properties within the new average price of 16,000 yuan, the highest growth south of the Fourth Ring. Price end of last year 8000 – 9000 Yuan / square meters of real estate, as Metro Line 4 is about to open, is now sold 13000-15000 yuan, a small number of hardcover sold 21,000 units and even high-priced yuan.

A few days ago, the Beijing Municipal Construction Committee, there is talk of the formation of high prices, with some developers “cover plate” relevant. As land prices, developers must be adopted to further enhance the transformation of the cost of housing, and “cover plate to be sold” is to raise the price of a common means. The Chinese Connection Voice reporter interviewed Li Rui:

Voice of China: Beijing’s “cover plate” phenomenon really exist?

Li Rui: I think there are signs that still exist. Beijing Municipal Construction Committee, I reviewed the management of real estate transactions data network, at present there are 150,000 sets of Beijing to sell houses, but the actual amount of very few signed up. This shows that in the current high prices that a people can not afford, on the other hand also shows that developers may “cover plate” behavior.

To address the issue, reporters visited the South Fourth Ring Shop with Ma for the new River City 6 works in the sales office, we found that the properties for sale in January of this year sales have been opened, when the price of money is a 10,500 square meters, but In late May, when reporters asked phone sales hit sales offices, they said that the disk does not open, in mid-June may be the beginning of sales, the estimated price of 12,000, the answer and the facts do not entirely the same, and to 6 mid-month when the sales staff asked to call again, they said that the disk has the wrong take-away, if the relationship can be found to buy, is folded over 13,400 yuan, but all his rhetoric, the management of real estate transactions in Beijing are not Internet embodiment of a house because it is not sold.

Voice of China: The hoarding of market speculation, at present the Beijing Municipal Government have taken measures to curb and control?

Li Rui: Beijing Construction Committee currently has six means to suppress and control this kind of hoarding behavior. We found that a large number of so-called punishment, are through a number of mainstream media publicity and exposure in such a way to show that exposure to such acts under the supervision by public opinion, which is rich in the end to shake the developers how much the middle of fight a question mark. An initiative of the Beijing Municipal Construction Committee has a number of practical significance, for violation of the sales organization for new projects is not the record of registration procedures, serious cases will stop filing procedures to register for 2 years, sales of serious violations of the qualification will be canceled, shall not be to participate in real estate sales examination or refuse to register the record of the institutions where the sales staff have jointly and severally liable if the will be on the sales of the investigated institutions.

China Voice: I hope that these measures really be able to market developers such hoarding restrain speculation.

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