[today's property market] curbing house prices and land prices in Xuzhou and Shaoxing staged the regulation and control of the property market "A Tale of two cities" * the differentiation of the property market in 10 key cities during the Golden week of Na

On the evening of October 9, the Xuzhou Housing and Construction Bureau and other five departments jointly issued the notice on further promoting the healthy Development of the Urban Real Estate Market (hereinafter referred to as the "notice"), covering eight aspects, such as land supply, sales price filing, real estate finance, housing security, and strengthening market monitoring. On the same day, the Shaoxing Housing and Construction Bureau issued a notice on the official website on further promoting the smooth operation of the real estate market, including the policy of "limiting land price, competitive construction", double filing system, strict phased sales management, standardizing market order, and implementing the main responsibility. "check the details of the five measures to regulate and control the real estate market.

[organization: the differentiation of the property market in the 10 key cities during the National Day Golden week intensified the average daily sales area is the lowest in nearly 5 years] the data Research Center monitored that during the 2020 National Day Mid-Autumn Festival double holidays, the sales area of new houses in the key 10 cities was 728600 square meters, a slight increase of 1.6% compared with last year's National Day week. However, as this year's holiday is one day more than in previous years, in terms of the average daily sales area, the average daily sales area of the 10 key cities in 2020 is 91100 square meters, down 11.1% from the same period last year, which is the lowest since the National Day week since 2015. "check the details.

[under the "three red lines", the land market obviously reduces fever and the pace of reducing debts of real estate enterprises] under the background of the pilot project of "three red lines" of financing by real estate enterprises, there are obvious signs of "fever" in the land market. Monitoring data show that in September this year, the average floor price of operating land in 300 cities across the country was about 2475 yuan per square meter, down 7.9 percent from the previous month, while the premium rate of land auction dropped to 14.8 percent, the lowest since April this year. Among them, the premium rate of land auction markets in hot cities such as Chengdu, Changchun and Shenyang, which have been interviewed by the Ministry of Housing and Construction, has declined month-on-month. "check the details.

Sunshine City plans to split its property management company to list in Hong Kong to raise at least US $200m. According to sources, the company has hired two investment banks to prepare for listing, with an initial plan to raise at least US $200m (about HK $1.56 billion). It is understood that the above source continued that Sunshine City has hired Huatai and China Merchants Bank to be listed in Hong Kong as soon as next year, but the amount of capital raised and the listing timetable are still uncertain. In addition, the market news on July 30 also indicated that Sunshine City property plans to be listed next year, and the relevant audit has been carried out. On July 29, Sunshine City registered a new company named Sunshine City Huizhi Youjia Life Service Co., Ltd.

[Golden week new housing transactions are flat and the second-hand housing market is heating up] affected by the delay in online registration data, new housing transactions in 37 cities have dropped slightly by 3% compared with the same period last year. Among them, thanks to the trend of returning to their hometowns, the overall performance of third-and fourth-tier cities is better than expected, with sales up 4% year-on-year. At the same time, the second-hand housing market in key 18 cities this year is significantly hotter than last year, with an average daily transaction volume of 50% year-on-year. Industry insiders believe that it is difficult to be optimistic about the new housing market in the fourth quarter, and the urban differentiation market will be interpreted in turn. At the same time, the second-hand housing market is obviously heating up, indicating that the market transactions for the whole year are relatively optimistic, but the market is shrinking and dividing under the tightening of regulation and control policies.

[Citic Securities: good Policy for Shenzhen Real Estate Market bullish on Real Estate Enterprises in Dawan area] CITIC Securities said in the research report that the "pilot Plan for the pilot Reform of Shenzhen to build a Socialist advance demonstration Zone with Chinese characteristics (2020-2025)" was issued on October 11, 2020. The "plan" is conducive to the stable and healthy development of the real estate market in the Dawan area, especially in Shenzhen, and helps to enhance the growth space of related enterprises. The "plan" strives to promote the development of the Shenzhen region, which does not mean that it will lead to a rise in housing prices in Shenzhen. Shenzhen attaches great importance to the construction of a diversified housing supply system, and recently also attaches importance to increasing the supply of commercial housing (such as speeding up urban renewal). It is expected that the Dawan area will maintain active trading volume and basically stable housing price performance. We are optimistic about companies with rich land reserves in the Greater Bay area, companies with experience in urban renewal or TOD project development and operation, as well as future development space for state-owned enterprises and state-owned enterprises with significant influence in Shenzhen.