What does self-control mean?

Land self-sustaining refers to the area of commercial housing held by developers themselves, and the self-sustaining part may not be transferred or sold.

Since Beijing launched the series of plots of "controlling land price and limiting house price", enterprise self-sustaining housing has become a new term in the property market.

Recently, the Beijing Municipal Commission of Housing and Urban-Rural Development and the Planning and Land Commission jointly issued the Notice on Relevant Issues Concerning the Lease Management of Self-sustaining Commercial Housing for Enterprises in this Municipality (hereinafter referred to as the Notice), which clearly stipulates that all self-sustaining commercial housing for enterprises shall be used for external lease and shall not be sold externally.

According to industry insiders, self-sustaining has obviously become the standard of land auction in hot cities where house prices have risen too fast. These measures will cool down the land auction market and play a good role in the healthy development of the real estate market.

Self-sustaining land policy is mainly in some big cities, and small and medium-sized cities have not yet developed such rental market demand because of their high inventory.

Many experts also predict that the self-sustaining land auction mode of housing enterprises in hot cities will be promoted and used in other cities where housing prices have risen too fast.

Extended data

Actual case:

20 17 Shanghai launched the first "only rent not sell" residential land.

On July 4th, Shanghai Municipal Bureau of Soil and Resources issued two land transfer announcements, one in Zhangjiang and the other in Jiading, Pudong, requiring the bidder 100% to be self-sustaining for 70 years.

This means that the properties developed by these two sites can only be used for rental, not for sale.

Before Shanghai 100% self-sustaining land is sold, developers often increase the self-sustaining ratio in order to win the land, but this is not the basic condition set by the relevant departments when selling the land.

References:

? What is the current situation of land auction? Can real estate enterprises sustain themselves for a long time?