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[today's property market] Vanke's upper limit is 4.06 billion yuan for land bidding * the V-shaped reversal in the property market last year exceeded expectations.

iconJan 5, 2021 10:47
Source:SMM

[the myth of high growth in the property market in 2021 is no longer difficult to "do not underestimate the wisdom and resilience of the government in governing the property market"] for real estate, the long-term mechanism is the long river of the trend, and do not underestimate the wisdom and resilience of the government in governing the property market. Many people do not feel the trend, just because governing a big country is like cooking something fresh, adopting the technique of "slow variable" to drive the trend, exerting its force in the invisible and gradually increasing its strength. On the financial side, in the past, in order to encourage housing consumption, mortgage interest rates were lower than real interest rates for more than 20 years, but the trend reversed this year, and mortgage rates began to be higher than real economic financing rates, demonstrating the policy attitude. The ability of financial governance is catching up, and each of us should look ahead and not become that innocent snowflake.

[Vanke upper price limit of 4.06 billion yuan won nearly 30% premium rate of homestead in Gongshu District of Hangzhou] on the 5th, seven plots in the main city of Hangzhou were sold to the market, with a total transfer area of 485.01 mu and a total construction area of 1.1606 million square meters, with a total starting price of 12.984 billion yuan. The site C-R21-02 of Canal Metro Unit in Gongshu District finally went through 53 rounds of bidding, which was won by Hangzhou Jinteng Real Estate Co., Ltd. (Vanke) with an upper price of 4.06 billion yuan, with a floor price of 28674 yuan per square meter, a premium rate of 29.71%, and a competitive self-owned area ratio of 3%.

[last year's V-shaped reversal in the property market is expected to be stable this year, but hidden worries remain] industry insiders believe that under the major impact of the epidemic, the real estate market is still growing faster than expected, reflecting the demand for asset allocation under abundant liquidity. In the absence of major policy shifts, new external shocks and a significant improvement in the epidemic this year, China's property market is expected to remain stable as a whole, but there are still potential concerns. It is suggested to establish a systematic and quantitative policy benchmark to strengthen accurate and effective regulation and control, and to levy real estate tax to promote the construction of long-term mechanism.

[Heng most shops "buy for 0 yuan"? Evergrande responded: it is a discount for a small number of Qingwei shops] in order to withdraw funds and other needs, Evergrande recently launched shop "0 yuan purchase" activities in Shenzhen, Chongqing, Hunan, Jiangxi and other places. The specific measures are: customers who pay in full in a lump sum will be refunded, with 10% of the house payment each year from 2022 and 100% over a ten-year period. In response, Evergrande responded: "at present, there are a very small number of Qingwei shops offering this discount."

[Hangzhou main City 3.665 billion yuan deal Hangzhou West Lake Investment, Binjiang Luozi] on January 5, seven plots in the main city of Hangzhou were sold to the market, with a total transfer area of 485.01 mu and a total construction area of 1.1606 million square meters, with a total starting price of 12.984 billion yuan. Three pier units XH0307-04, XH0307-05, XH0307-06 and XH0307-07 in Xihu District were quoted for only one round during the listing period, which was finally won by Hangzhou Yunchen Real Estate Co., Ltd. (Hangzhou West Lake Investment) with a floor price of 5743 yuan per square meter. The land area is 80500 square meters, which is commercial land, with a volume ratio of 6.01 and a construction area of 483900 square meters.

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