Home / Metal News / [property market today] Shenzhen issues urban renewal and land preparation plan for 2020 * Dongguan first suite provident fund loan is reduced from 1.2 million to 900000 second apartment is 500000

[property market today] Shenzhen issues urban renewal and land preparation plan for 2020 * Dongguan first suite provident fund loan is reduced from 1.2 million to 900000 second apartment is 500000

iconSep 24, 2020 13:09
Source:SMM
[property Market Today] Shenzhen issues Urban Renewal and Land preparation Plan 2020 * Dongguan first Suite Provident Fund loan reduced from 1.2 million to 900000 second apartment for 500000 * Ningbo Homestead premium rate of 2.437 billion yuan won by Zhujiang Industrial Co., Ltd. plans to transfer ownership of Guangzhou Yide Building to Zhushi Group in 1.622 billion * Pearl River Industries plans to transfer ownership of Guangzhou Yide Building to Zhushi Group in 1.622 billion.

SMM9 24: [Shenzhen issues the 2020 Urban Renewal and Land preparation Plan] it is reported that the Shenzhen Urban Renewal and Land preparation Plan 2020 formulated by the Shenzhen Municipal Planning and Natural Resources Bureau was issued by the new municipal government bulletin. The "Plan" announced the overall tasks of the plan for 2020, including the planned land use of 679 hectares of new urban renewal units for demolition and reconstruction in the city in 2020, the completion of the city's land preparation task of 15 square kilometers, and the construction of 29456 units of talent housing, residential commercial housing and public rental housing.

[Hutchison Whampoa was regulated and punished for cashing out more than HK $115 billion for nearly seven years.] on September 23, a document issued by the Finance and Finance Bureau of Chengdu High-tech Zone was circulated in the industry, according to the document. Hutchison Whampoa Real Estate Chengdu Company has seriously affected the steady development of the regional real estate market because of its bad behaviors such as covering the ground and covering the market. Financial institutions in the high-tech zone are prohibited from providing new financing and loans to Hutchison Whampoa Real Estate Chengdu Company and its projects, and financial institutions in the zone are prohibited from providing assistance to Hutchison Whampoa for major asset restructuring. "check the details.

[Dongguan: first suite provident fund loan reduced from 1.2 million to 900000 second apartment for 500000] on September 23, the Housing Provident Fund Management Committee of Dongguan City, Guangdong Province issued a notice on adjusting some housing provident fund loans and withdrawal regulations. since October 19, 2020, Dongguan housing provident fund loans and withdrawal regulations have been adjusted. Among them, in terms of adjusting the maximum loan line, the maximum loan line for the first suite is adjusted from 1.2 million yuan to 900000 yuan, and the maximum loan line for the second house is adjusted from 800000 yuan to 500000 yuan. It is understood that the "notice" to increase the purchase of second-hand housing outside the city to apply for the withdrawal of provident fund conditions, the purchase of second-hand housing outside the city should be issued an immovable property rights certificate at least 6 months before you can apply for withdrawal. In addition, the collection of property management fees will be stopped. The notice is valid for three years and is explained by Dongguan Housing Provident Fund Management Center. during the period of validity, it can be adjusted by the Municipal Housing Provident Fund Management Committee according to the actual situation and management needs.

[Pearl River Industry plans to transfer the ownership of Guangzhou Yide Tower to Zhushi Group in 1.622 billion] on September 23, Guangzhou Pearl River Industrial Development Co., Ltd. announced that it intends to transfer its ownership of Yide Building to its controlling shareholder Guangzhou Pearl River Industrial Group Co., Ltd. (referred to as "Zhushi Group") by means of a non-public agreement at a transfer price of 1.622 billion yuan (including value-added tax). Yide Building is a Grade A commercial office building built by Pearl River Industry in 2017 with a total cost of about 989 million yuan. The building is located at No. 362Dongfeng Zhong Road, Yuexiu District, Guangzhou. It is divided into 32 floors above ground and 4 floors underground, with a total surveying and mapping floor area of about 58400 square meters and a certificate area of 43600 square meters.

On September 23, the General Office of the CPC Central Committee and the General Office of the State Council issued the opinions on adjusting and improving the scope of Land transfer income to give priority to supporting Rural Revitalization, and issued a circular requiring all localities and departments to conscientiously implement them in the light of reality. In terms of the overall goal, the opinion points out that since the first year of the 14th five-year Plan, all provinces (autonomous regions and municipalities directly under the Central Government) have steadily increased the proportion of land transfer income used for agriculture and rural areas year by year; by the end of the 14th five-year Plan period, taking provinces (autonomous regions and municipalities directly under the Central Government) as units, the proportion of land transfer income used in agriculture and rural areas has reached more than 50%.

[Mei's home purchase price of 2.437 billion yuan won 25.87% of Ningbo homestead premium rate] on the morning of September 24, a homestead in Jiangbei District of Ningbo was sold publicly, which was a small town of Kongpu. After 123 rounds of bidding, Meishanmei Real Estate Development Co., Ltd. in Ningbo won the plot with a total price of 2.437 billion yuan, with a transaction floor price of 22657 yuan per square meter and a premium rate of 25.87%. The land area is 48898 square feet, the volume ratio is 1-2.2, and the construction area is 107575.6 square meters. Prices start at 1.936 billion yuan for the plot and 18000 yuan for the floor.

Real estate
property market

For queries, please contact Michael Jiang at michaeljiang@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Related news

SMM Events & Webinars

All