China Financial Daily

November 23, 2010

2010 Shanghai, Beijing revenue from land sales are over 100 billion, whereas the land prices are increased by over 50%

Filed under: Financial News — Tags: — sherry @ 1:03 am -0800

2010 Shanghai, Beijing revenue from land sales are over 100 billion, whereas the land prices are increased by over 50%
China Index Research Institute data, as of November 22, Shanghai, land transfer revenues topped the list with 136.994 billion yuan, Beijing ranked second with 100.448 billion yuan.

Under the land transfer, Shanghai land supply does not actually have too much growth, only 6%, but the average transaction price has soared 64%.

Beijing on November 19 this year, commercial office space prices increased significantly. Average price of residential land of which 8,559 yuan per square meter, up 56%; commercial office space in the average price of 9,874 yuan, an increase of 100%.

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July 28, 2009

Exposure of 620 Department of Homeland real estate experts say price is not aimed at “pushing up land prices,” On the

Filed under: Financial News — Tags: — lily @ 5:55 am -0700

Exposure of 620 Department of Homeland real estate experts say price is not aimed at “pushing up land prices,” On the
The real estate market last week, the biggest issue is land and resources.

July 24, land part of the Department, through its website, will be a 620 for real estate projects nationwide survey of land made public. The public may take 620 properties for sale is known, when the price of purchase, as well as projects the average price at the time of opening.

The real estate market has been noisy and the Department of Homeland stone is enough to provoke waves Melaleuca. Supporters said the housing and land far from the practice of the Department of Homeland expose the profiteering developers; opponents were made to investigate the statistics only when the purchase price, there is no calculation of the latter part of the development costs, it is the Department of Homeland absolve responsibility for the high land prices.

And some media, also published in the local land survey projects involving more than land prices, and launch a new round of discussion of the reasonableness of the price.

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June 24, 2009

Land and Natural Resources: land prices account for 23 percent of arable land red line will not affect prices

Filed under: Financial News — Tags: — lily @ 7:58 am -0700

Land and Natural Resources: land prices account for 23 percent of arable land red line will not affect prices
Lu Xinshe, vice minister of Ministry of Land and Resources and Deputy Chief Inspector of National Land Gan Chun Tibetan Information Office yesterday in a press conference to introduce the “economic growth, security, protection of arable land red line” of action and effectiveness of the progress of the case and so on.

According to a survey of land and resources, to the end of last year, China’s number is 18.26 million mu of arable land for the controversial “relationship between the premium price,” Ministry of Land and Resources has given the first response data. The price premium is only a small part of the national average ratio is about 23%. , The so-called red line to ensure that 18 million mu of arable land pushed up housing prices is unfounded. See Voice of the economy CCTV reporter reports Niu.

A few days ago, some experts said the red line as a result of Shou, land shortage, land prices high, the impact of house prices. Lu Xinshe, vice minister of Ministry of Land and Resources Information Office briefing yesterday that the red line Shou-18 mu of cultivated land will not affect prices, said Paul, 18 million mu of arable land red push up house prices, there is no basis for it does not make sense.

Lu Xinshe: We in the overall land use planning for various types of land arrangements, both to keep the red line of 18 million mu of arable land, as well as development and construction, especially housing sites have enough space left. I repeat here what I have said in the past: “No matter how tight China’s land, residents of the normal demand for housing land, we have protection.”

Lu Xinshe pointed out that the impact of land prices is one of the important factors, but not the deciding factor. A key factor in the decision or the price factor is the fundamental relationship between supply and demand. Generally speaking, a country or a region, the more scarce land resources, land accounted for the higher ratio of housing prices.

Lu Xinshe: the impact of land prices is one of the important factors, but not the deciding factor. A key factor in the decision or the price factor is the fundamental relationship between supply and demand. Some experts say for the previous period, and observe the red line as a result of land shortage, land prices high, the impact of house prices, which have done a systematic survey of land and resources. We surveyed 620 real estate development projects, in the eastern, central, western different types. The results of the survey show that in China, land prices account for 15% -30%, an average of 23.2%. The international level and has done a rough comparison, the United States is 28 percent, 24 percent in Canada, the United Kingdom is 25% -38%, South Korea is 50% -65%, Japan is 60-75%, Singapore 55% -60% , we have the ratio well below our neighbor.

Beijing Land and Resources recently investigated and handled a number of eco-shed in Beijing, that is, in effect a new type of “small property room”, the number 10000. Deputy Chief Inspector of national land possession Gan Chun said that the Ministry of Land and Resources, State Land Inspector institutions and urge strong support for measures taken by the Beijing Municipal Government, so far, check out the 34 projects have been dealt with 13 projects.

Gan Chun possession: because the “small property room”, the villa that is the so-called “greenhouse” is in violation of land management laws and regulations, in violation of the current land policy, does not have any legitimacy, we must take firm and effective measures for improvement.

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