January 2022 National Land Market Report: Policy interpretation, Market analysis, Real estate Enterprises overview
In January 2022, due to the near the Spring Festival, each city to push and beat rhythm slow, mainly in the city of 65 reduced the homestead of supply and demand scale, floor prices fell to their lowest level in nearly a year, homestead clinch a deal the premium rate has climbed 1.5% from the previous month, but is still in a low level, due to the recent soil scale decreased significantly, land auction is also improved.Summary of Key Land Policies On January 6, The General Office of the State Council issued a notice on printing and distributing the overall plan for comprehensive pilot reform of market-oriented allocation of factors of production.In terms of land factors, the plan proposes to further improve the efficiency of land allocation, focusing on promoting intensive and efficient use of land and establishing and perfecting a unified market for construction land between urban and rural areas, and exploring ways to grant pilot areas greater autonomy in land allocation.In addition, Nanping, Fujian province, recently issued a notice saying that to ease the financial pressure of land acquisition for real estate projects, appropriately extend the payment period of land transfer fees, land transfer fees can be paid in installments, and allow the conversion of land use for undeveloped non-residential commercial residential projects on the premise of meeting the requirements.U The State Council proposed the Circular on Printing and Distributing the Overall Plan for The Comprehensive Pilot Reform of Market-oriented Allocation of Factors of Factors, supporting the exploration of land management system reform.We will rationally divide land management powers, and explore ways to grant pilot areas greater autonomy in land allocation on the premise of strictly protecting cultivated land and conserving and intensive land use.We will encourage improvements in the supply of industrial land.Encourage the use of long-term lease, lease before concession, flexible annual supply of industrial land.We will support the transfer of “standard land” for industrial land and improve the efficiency of allocation.We will promote market-based use of existing land.We will encourage pilot areas to explore ways to refine and improve standards for identifying inefficient land in urban areas through detailed evaluations of the economical and intensive use of land for construction purposes, and encourage the use of inefficient land in urban areas to be cleared up through consultation, replacement by agreement, and compensation and punishment.Establish and perfect the construction land market of urban and rural unity.On the premise that the nature of public ownership of land does not change, that the red line for farmland is not breached, and that farmers’ interests are not harmed, we will support pilot areas in exploring ways to separate ownership, qualifications, and use rights of rural homestead in combination with a new round of trials to reform the rural homestead system.U nanping “about print and distribute to promote our city real estate market stable healthy development of the ten measures to notice, according to the” notice “to reduce the pressure on the land capital of real estate project, the land grant fee in full due in principle no more than 6 months (may be extended appropriately according to actual situation around the due date, but the longest do not exceed one year);The land transfer fee may be paid in installments. No less than 50% of the land transfer fee shall be paid within 30 days from the date of signing the contract, and the balance shall be paid in full and timely in accordance with the time limit stipulated in the contract.The proportion of land auction deposit will be adjusted from no less than 30% to no less than 20% of the initial sale price.In addition, to get through commercial housing inventory conversion channel, to the cycle of non-residential inventory more than 36 months of the county (city, area), in accord with general land use planning and urban and rural planning under the premise of allowing undeveloped as regards whole or partial transformation of commodity house project land, real estate enterprises may apply to the original approval by the people’s government for change in land use, planning conditions,After approval, it can be used for the development and construction of other industrial projects or projects in line with market demand.In January, the supply and demand of the land market in 65 key cities across the country all declined month-on-month.Due to the approaching Of the Spring Festival, land supply slowed down significantly. The scale of land supply in 65 key cities also decreased from the previous month. The total construction area was only 85.93 million square meters, down 35% from the previous month.Affected by the continuous decline of land supply, the transaction volume of construction area also decreased significantly compared with last month, only 79.78 million square meters, down more than 70%;As 21 key cities have completed the centralized land transfer, this month the key cities only Ningbo concentrated land auction, so the average land price significantly lower than last month, the average transaction floor price fell to 1365 yuan/square meter, a significant drop of 52%.In January, the supply and demand of the housing land market in 65 national key cities all declined from the previous month.Due to the approaching Of the Spring Festival, the pace of land sales and land auction in cities has slowed down, and the supply and demand of housing land in 65 key cities has been greatly reduced, and the average floor price has also dropped to the lowest point in nearly a year. This month, the total construction supply of housing land is only 15.66 million square meters, down 63% from the previous month.Transaction floor area is only 2,048 million square meters, a decrease of more than 80%;The average transaction floor price fell to 3462 yuan/square meter, a sequential decline of 34%.On land for housing market heat in heat, the key of 22 city ningbo due to soil obviously relaxed rules from the previous round, three rounds of soil heat taken from the second round of rebound sharply, many cases of land premium to clinch a deal, more hot area plot peaked lottery, under the drive, focus on January 65 city land clinch a deal the premium rate of 3.8%, rising 1.5% from the previous month,However, it is still at a low level. Although the current credit environment has improved compared with the third quarter of last year, the current heat of the land market outside the 22 cities is still at a low level, and the signs of recovery are still not obvious.In terms of land auction, due to the recent significant reduction in the scale of land auction in 65 cities, the situation of land auction has also improved. The rate of land auction has decreased by 0.6 percentage points from last month to 18.6%.From the point of view of the city where the lot is located, the property market is obviously cold three or four lines is still the main flow.In January, the scale of supply and demand for commercial land in 65 cities declined significantly, and the average price of floor space was slightly lower.This month, the total construction of commercial office land supply was 6.62 million square meters, a decrease of more than 50% from the previous month, and the total construction of transaction was only 7.05 million square meters, a significant decrease of 83% compared with last month.The average transaction price edged down 2% to 2,445 yuan per square meter.In terms of market heat, the transaction premium rate of commercial land increased structurally this month, with an average premium rate of 3.0%, up 0.2 percentage points from last month.Housing Land Market Trend in East China In January, the supply and demand of housing land market in East China both fell, and the supply and demand scale decreased by more than 70% compared with the previous month.Due to the proximity of the Spring Festival, the total construction of residential land supply dropped 71% to 3.56 million square meters this month.Transaction total construction also fell to 9.17 million square meters, a significant drop of 77%;The average price of completed floor space fell 17% to 5,530 yuan/m2.Market trend of housing land in North China and Northeast China in January supply and demand of housing land market dropped sharply.Total construction of residential land supply fell 41% month-on-month to 6.1 million square meters.Transaction total construction for 4.85 million square meters, a significant decrease of 78%;This month, the average transaction floor price also dropped to 1560 yuan/square meter, down 60%.Market trend of housing land in South China in January supply and demand of housing land market in South China declined.Total construction of residential land supply in South China fell 37% month-on-month to 1.75 million square meters.The total volume of transactions was 1.08 million square meters, a significant decrease of 90% from the previous month, and the floor price of transactions decreased 49% from the previous month to 4194 yuan/square meter.Housing land market trend in Central and western China in January housing land market supply and demand prices fell sharply.This month, the total construction of homestead supply decreased by more than 70% from the previous month, down to 4.26 million square meters, the total construction of the transaction fell to 5.39 million square meters, a decrease of 89% from the previous month, the average price of the transaction floor was only 1508 yuan/square meter, down 63% from the previous month.In January, the transaction premium rate of residential land in each region was still at a low level, among which the premium rate in East China, Northeast North China and South China all rebounded from the previous month, which were 4.2%, 6.0% and 1.8%, respectively.The premium rate in the central and western regions fell 0.8 percentage points from the previous month to just 0.4 percent.Five, brand housing enterprises in January brand housing enterprises in each region to take land situation this month 20 brand housing enterprises total to take land amount of 7.582 billion yuan, a total area of 707,800 square meters, both from the amount of land or land area, there is a significant decline compared with last month;Sub-region, brand housing enterprises in the central and western regions, south China and East China have taken land, which took 630,300 square meters in east China, accounting for the highest proportion of 89%.In the list of 20 brand real estate enterprises taking land in January, 5 real estate enterprises have taken land in 65 key cities across the country. China Resources Land has ranked first in land amount and land area, with land amount of 4.831 billion yuan and land area of 460,200 square meters.Beijing took the lead in launching the first batch of centralized land supply in 2022 on January 7, involving 18 residential lands with a total built-up area of 1.78 million square meters. The supply has been reduced compared with the first round of last year. This centralized land supply in Beijing continues to strengthen the sales expectation of existing houses, and there are 9 lands that need to compete for the sales area of existing houses.And the upper limit of competitive existing house area in some plots is close to the residential surface on the plots.