National Development and Reform Commission: Relaxing settlement restrictions in most cities

Early February this year coincides with the Spring Festival holiday, so the transaction volume of property markets in various places will naturally be greatly affected. After the Spring Festival, the property market in various places will gradually get back on track. Just after the Spring Festival, five cities including Changzhou, Haikou, Xi'an, Nanjing, and Shenzhen introduced new policies for talent introduction, causing the "talent war" to suddenly escalate. At the same time, with the loosening of relevant regulations in Heze, Zhuhai and other cities since the end of last year, voices about the "recovery of the property market" have also begun to appear.

What is the real situation of the property market in various places now? The performance of hotspot cities is often very representative. Recently, reporters from "Daily Economic News" went to Guangzhou, Nanjing, Chongqing and other hot cities to conduct in-depth investigations on the current real estate situation in these cities, with a view to showing readers the most realistic performance of the current property market.

As the regulation of the property markets in Heze, Zhuhai, Guangzhou and other places has been gradually loosened since the end of last year, there are constant voices saying that "the signal of a pick-up in the property market is coming." Just after the Spring Festival, five cities including Changzhou, Haikou, Xi'an, Nanjing, and Shenzhen introduced new policies for talent introduction, and four of them lowered the threshold for settling in.

The reporter’s WeChat Moments have also been very lively recently. Many real estate marketers have forwarded various latest information on the property market. Although the sources of this information are different, the theme is very clear-"The property market is picking up." .

It is worth noting that information such as "Nanjing's social security threshold has been lowered, releasing a large demand for home purchases" and "Six sectors in Nanjing have exceeded price limits" are the most eye-catching. Recently, a reporter from "Daily Economic News" visited the Nanjing property market and found that the registered prices of some properties were close to the regional price limits, and some listings even exceeded the regional price limits. Compared with the "frozen" market situation in the second half of last year, Nanjing's property market has had a "warm" start after the holiday.

Breaking through the price limit and reappearing on Japanese discs

On February 18, Nanjing ushered in the first project to be launched after the Spring Festival. In the evening of the same day, the "Zhonghai Chengnan Mansion" project located in the south section of Yuhuatai District, Nanjing City was officially launched. The reporter learned that the real estate launched 142 sets of finely decorated houses this time, and 536 groups of customers registered, with a winning rate of 26. In the end, in less than an hour and a half, all the above-mentioned 142 units were sold out, becoming the first "sunset disk" in Nanjing's property market in 2019.

The reporter noticed that the last time "Japanese CDs" appeared in the main urban area of ??Nanjing was 2 months ago. However, it is worth noting that compared with the "Sunlight Disc", the registration price of the above-mentioned properties is intriguing.

When a reporter from "Daily Economic News" visited as a home buyer, he found that the current price limit of first-hand commercial residential buildings in the Chengnan section where the above-mentioned properties are located is about 35,000 yuan/square meter. However, according to the official website of the Nanjing Municipal Housing Security and Real Estate Bureau, the average registered price of the four multi-story and small high-rise properties launched in the above-mentioned properties is 36,037 yuan to 38,842 yuan/square meter, although there are also registered prices for some properties. It has not exceeded the price limit of 35,000 yuan/square meter, but the vast majority of houses have exceeded the price limit, with the highest unit price even reaching 39,928 yuan/square meter.

However, since the above-mentioned houses are delivered with fine decoration, the decoration registration price is about 3,500 yuan/square meter. Even if the decoration price factor is excluded, there is still one building with an average registered housing price exceeding the price limit of 35,000 yuan/square meter.

The real estate consultant of Zhonghai Chengnan Mansion did not deny that the price limit was loosened. He told reporters: "The price limit has been relaxed."

As for the reasons for "the price limit being relaxed", "On the one hand, it is the rise in prices, and on the other hand, it is a good thing for land auctions and land sales." The real estate consultant explained to reporters: "There are several vacant lots around us. If the starting price is very high and the housing prices in this area are restricted, developers will not be willing to come and acquire the land."

The reporter is here The marketing center of the project also saw that the developer posted a note next to the sand table, "This opening sales price complies with relevant regulations." "The discounted price on the opening day, the transaction price of most houses in small high-rise buildings is 33,000 yuan to 35,500 yuan." Yuan/square meter, the transaction price range of most houses is 35,500 yuan to 38,000 yuan/square meter." "Due to their superior location, the transaction price of some houses is higher than the above range."

At the Yuzhou Jiahui Xingdao project site, which is only one subway stop away from the above-mentioned real estate, a real estate consultant also told the "Daily Economic News" reporter: "The price limit policy has been relaxed recently. , many properties have exceeded the regional price limit of 35,000 yuan/square meter, and both we and China Overseas have exceeded the price limit.”

However, it is worth noting that although the above two properties have exceeded the price limit, The reporter learned from the real estate consultant that the current projects have discounts of about 3.

Despite breaking the price limit, Zhonghai Chengnan Mansion was still "sunny" at the opening of the day.

Does it mean that the regulation of the property market has been relaxed?

The "Daily Economic News" reporter noticed that in addition to the above-mentioned part of the real estate in Yuhuatai District breaking through the price limit, in fact, from the second half of last year So far, the sales price of new homes in many sectors in Nanjing has exceeded the regional price limit.

For example, the Hi-tech Ziweitang in the Xianlin Lake area received a sales license at the end of January. The price of 96 units of finely decorated bungalows ranged from 37,495 yuan to 42,011 yuan/square meter, and 5 units of courtyard houses were delivered in rough form. The price of villas ranges from 43,748 yuan to 46,734 yuan/square meter, exceeding the regional price limit of 30,000 yuan/square meter.

Another example is Vanke Anpin Yuanshe located in Qinhuai District. It obtained a sales license in August last year. The average sales price of 38 rough houses is 54,273 yuan to 61,252 yuan/square meter, which is the most expensive. The unit price of a house reached 62,671 yuan/square meter, breaking the regional price limit of 45,000 yuan/square meter.

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In addition, Nanjing revised the "Nanjing Points-based Settlement Implementation Measures" on February 15, specifically adjusting the application conditions for "continuous payment of social insurance in the past 2 years" It is "the cumulative payment of urban employee social insurance for no less than 24 months" and the settlement quota limit is cancelled. This move is also considered to further lower the threshold for settlement.

A number of real estate projects have exceeded regional price limits and the threshold for talent settlement has been lowered. Does this mean that Nanjing’s real estate regulations have been relaxed? Will the property market pick up?

“Regulation will continue and will be relaxed but not liberalized. The property market will pick up but not pick up, and the property market will enter a sideways era.” Ouyang Jie, senior vice president of Seazen Holdings, told the Daily Economic News 》The reporter said that lowering the threshold for household registration, lowering social security conditions, and lowering talent standards will increase market transaction volume. When the market goes down, policies such as relaxing high-end property prices and lowering mortgage interest rates are pre-adjustments and fine-tuning for countercyclical adjustments in the real estate market, which will promote the recovery of the residential market.

However, Ouyang Jie also believes that "housing is for living, not for speculation" is still a long-term positioning. Recovery does not mean recovery, relaxation does not mean liberalization, and regulation will not be withdrawn.

When the reporter visited the Zhonghai Nancheng Mansion Marketing Center, he saw that although the registration for the first phase of the project has closed, there are still people coming to view the property and inquire.

“Currently, many surrounding areas are undergoing demolition, and only our project is for sale.” The real estate consultant of the above-mentioned real estate property told reporters: “The next phase of the product will be launched around August, and the specific price will be determined based on It will be determined by the market demand at that time.”

The real estate consultants of many intermediary stores also told reporters: “There are more customers visiting the store during the holiday than before.”

However, according to data from the E-House Research Institute, the transaction area of ??commercial residential buildings in Nanjing in January was 752,000 square meters, a decrease of 18% month-on-month and a year-on-year decrease of 32%.

“Breaking through price limits, lowering the threshold for settlement, and pre-adjustment and fine-tuning of control policies when the property market cools down does not mean that control policies will be relaxed in the short term.” Yan Yan, Research Director of the Think Tank Center of E-House Research Institute Yuejin told the "Daily Economic News" reporter that the loosening of price limits will also help alleviate the instability caused by developers "reducing allocations" due to cost pressures.

“During the market downturn, some cities’ price limit policies have been fine-tuned. Breaking through the price limit is just a matter of the government handing over the initiative to enterprises and the market, but it still depends on whether the project can be sold in the end. Whether the price and product can be accepted by the market?" Zhang Hongwei, research director of Tongce Consulting, also told reporters that the market is expected to continue its current downward trend in the next three to four quarters.

When a reporter from the "Daily Economic News" consulted Nanjing Citizen Hotline 12345, the other party also made it clear: "Currently, the price limit for commercial housing has not been relaxed."

What about high-land price projects? Breakthrough

The "Daily Economic News" reporter noticed that the above-mentioned projects that broke through the price limit were either high-priced plots acquired in the previous two years, or were positioned as high-end products.

For example, the Hi-Tech Ziweitang project in the Xianlin Lake area broke through the regional price limit. On November 27, 2015, the developer Nanjing Hi-Tech Real Estate sold the project for a total price of 1.04 billion yuan, a premium rate of 88%, and a floor price of 2.1%. When he won the land for the project with a bid of 10,000 yuan/square meter, he was also the “land king” of Xianlin Lake at that time. Information shows that the plot area for sale is 45,000 square meters, and the planned construction area is about 50,000 square meters.

Another example is Vanke Anpin Garden House in Qinhuai District. Although it is not a "king of land" project, it is positioned as a high-end villa product with a high threshold. The cheapest one has a total price of more than 20 million yuan. .

The China Overseas City South Mansion project, which also broke through the regional price limit, was won by China Overseas Real Estate on September 20, 2017, with a total price of 4.32 billion yuan and a premium rate of 27. Although the premium rate is not high, it requires the sale of existing homes.

In addition, the current Nanjing unit price "land king" - Gezhouba China Mansion located in the Henan section of Jianye District will be listed this year, and its future market performance has attracted much attention. It is reported that in May 2016, Gezhouba won the land with a total price of 3.28 billion yuan, a premium rate of 110, and a floor price of about 45,200 yuan/square meter, setting a new record for Nanjing’s land unit price, not only far exceeding The price limit of 35,000 yuan/square meter in the southwestern part of Henan where the plot is located also exceeds the highest price limit of 45,000 yuan/square meter in the entire Hexi region.

"The price we paid for the land is relatively high. Because of the price limit, the prices of surrounding properties are relatively low. Our prices have not been released yet and will probably be launched in June or July." Gezhouba China Mansion Real Estate The consultant told reporters, "However, our smallest unit is 190 square meters, and the (sale price) should be more than 10 million yuan."

In the context of a cooling market, high-end land and high-end projects have been listed one after another, and How to achieve a breakthrough?

“For the land king projects that real estate companies have acquired in the past two years, they have to either sell the goods at a low price to withdraw funds, or continue to wait and see and wait for the market to pick up.” Yan Yuejin told the reporter of “Daily Economic News”, “For these land kings Projects, some large and medium-sized developers with nationwide layout and strong financial strength can smooth the risks through the income from other projects; but some small developers may not be able to bear it and will face greater financial pressure and need to consider equity transfer2 On March 21, the National Development and Reform Commission issued the "Guiding Opinions on Cultivating and Developing Modern Metropolitan Areas" (hereinafter referred to as the "Opinions"). The "Opinions" clarify the main goals. By 2022, the urbanization of urban areas will have made significant progress and the degree of infrastructure integration will be achieved. The administrative barriers and institutional barriers that hinder the free flow of production factors have been basically eliminated, the cost sharing and benefit sharing mechanisms have become more complete, and a number of tiers have been formed with clear spatial structures, complementary urban functions, orderly flow of factors, and coordinated industrial division of labor. A modern metropolitan area with smooth transportation, balanced public services, and a harmonious and livable environment. By 2035, the modern metropolitan area will become more mature and form a number of metropolitan areas with global influence.

It is understood. , urban agglomeration is the main form of new urbanization and an important platform to support national economic growth, promote coordinated regional development, and participate in international competition and cooperation. Urban agglomerations are centered on megacities or large cities with strong radiating and driving functions. The spatial form of urbanization with the one-hour commuting circle as the basic scope has shown rapid development in recent years. However, the level of inter-city transportation integration is not high, division of labor is insufficient, low-level homogeneous competition is severe, and coordinated development occurs. Problems such as imperfect systems and mechanisms are still prominent.

To this end, the "Opinions" propose that it is necessary to relax the restrictions on urban settlement except for some mega cities, take the lead in realizing the cumulative and mutual recognition of household registration years in qualified urban areas, and accelerate the elimination of urban and rural differences. Inter-regional household registration barriers will promote the urbanization of local and migrant populations in a coordinated manner, and promote the orderly flow, reasonable distribution and social integration of the population. Promote the sharing of human resources information and the construction of public employment service platforms.

In addition, it is necessary to build an integrated development mechanism for the metropolitan area, accelerate the establishment of mechanisms for consultation and cooperation, planning coordination, policy coordination, and social participation in the metropolitan area, and focus on promoting the implementation of key tasks in the construction of the metropolitan area. Among them, in terms of strengthening the policy coordination mechanism, we should actively build a mutually beneficial tax sharing mechanism and collection and administration coordination mechanism in the metropolitan area, and strengthen the coordination of preferential tax policies between cities. Encourage social capital to participate in the construction and operation of urban areas. Allow cross-regional adjustment of surplus indicators linked to the increase or decrease of urban and rural construction land in urban areas. Improve the supply system of commercial housing in urban areas and strengthen the coordination of real estate market control policies among cities. Joint development. "

However, Yan Yuejin also believes that the current property market control policies are very strict, mortgage interest rates are also at a high level, there are more and more voices that the policy has peaked, and some city policies have been fine-tuned. "The pressure on the Land King Project It may be alleviated, but products and prices are still the key to the Diwang project's escape."

Zhang Hongwei also believes that products and prices are still the key to the high-priced project's breakthrough. "The high-priced project will Unwinding will not occur just because the price limit is loosened. Ultimately, it depends on the general market situation and whether the product and price can be accepted by the market. "Zhang Hongwei said.