Sudden Strike! Dongguans property market regulation has been patched up three times a month

category:Finance
 Sudden Strike! Dongguans property market regulation has been patched up three times a month


The circular shall come into force as of July 25. Although the chicken crow in the middle of the night caught many people off guard, Chen Junliang, Secretary General of Dongguan Real Estate Association, told time finance and economics that Dongguans regulation is mainly aimed at the second-hand housing market, and the first-hand housing market has already had a purchase restriction policy before. For the second-hand housing market, the strength has been great, and law enforcement, financial policies have also been strengthened.

Guan Jiu Tiao mends regulation

Dongguans current regulation and control clearly points to investors and second-hand housing.

According to the notice, buyers who are not registered in Dongguan who purchase the first house (including first-hand house and second-hand house) must pay social security for more than one year in Dongguan two years before purchasing the house; those who purchase the second set of commercial housing must pay social security for more than two years in Dongguan three years before purchasing the house. The non Dongguan household registration households with two or more commercial houses in Dongguan are not eligible to buy houses.

In addition, the individual income tax is no longer the examination material of house purchase qualification. Individual income tax payment is simple and does not need to be affiliated with the work unit. But the social security must be paid by the work unit, which requires that buyers must work in Dongguan. Dongguan real estate intermediary Zhen Hua (pseudonym) said to the times finance and economics.

In addition to restricting the purchase of non Dongguan residents, the nine articles of Dongguan also restricts the sale of commercial housing in the whole city. It requires that the first-hand and second-hand commercial houses signed online from July 25 can be transferred after obtaining the real estate ownership certificate for three years.

Dongguans current purchase and sales restriction policies implement the 4.11 New Deal of 2017. The nine articles of Dongguan mainly focus on upgrading, tightening existing policies and filling policy loopholes. According to the 4.11 New Deal, the first-hand and second-hand commercial housing can be listed only after two years of real estate ownership certificate.

However, the above measures are only aimed at first-hand houses, and second-hand houses are not included. This gives investors opportunities and is also considered to be the reason for the recent boom in second-hand housing in Dongguan. According to the ranking of the second-hand housing iceberg index of 62 cities (No. 164) released on July 21, Dongguans house prices rose 6.2% month on month in the third week of July, ranking the first in the country. Since this year, Dongguan has been on the top of the list several times.

In terms of land, Dongguan will increase the supply of residential land, and strive to break through the bottleneck of long cycle and slow progress of urban renewal projects, so as to increase the effective supply of residential land. At the same time, we should coordinate to promote the stability of land price and housing price, and optimize the mode of residential land differential land price limited transfer.

In addition, residential land and urban renewal housing projects transferred by the bidding, auction and listing market will, in principle, be equipped with residential housing with no less than 10% of the total building area of residential buildings for talent housing and other purposes. In the hot spots with high housing prices, we will select the plots that meet the two regulations, mature conditions and complete supporting facilities to build the three restrictions of land price, house price, and purchase crowd.

In terms of finance, Dongguan will continue to strictly implement the differentiated housing credit policy, and effectively prevent the illegal inflow of credit funds into the real estate market. Banks with excessively high concentration of real estate loans and excessively fast growth rate will be listed as the key supervision objects. We will strictly prevent the misappropriation of consumer loans and other loans for house purchase. In the real estate trading market, illegal behaviors such as hoarding the price, increasing the price, collecting the tea fee and the second-hand housing market, such as price control and group price increase, will also be rectified and investigated.

Dongguan local just needs to welcome boarding opportunities

Dongguan nine items is the third time Dongguan has issued a property market regulation policy in July. Dongguan has been committed to increasing supply and stabilizing market expectations from the early July issue of pre-sale volume restrictions and tightening the price limit policy for new houses to the notice on strengthening the disclosure of online sales information of commercial residential housing on July 15, and then to Dongguan jiutiao.

However, in the view of the industry, Guan Jiu Tiao is relatively soft. According to the new policy, non Dongguan home buyers only need one years social security, but before the restrictions on the purchase of first-hand houses in Dongguan, many people have already started to buy social security in Dongguan, Zhen said

Whether it is the 4.11 New Deal or Dongguan nine rules, the second-hand housing market in Dongguan has always been an unrestricted free world for buyers with Dongguan household registration. In this regard, an industry person in Dongguan, who did not want to be named, attributed the purpose of Dongguan nine items to restricting the purchase of foreign investors, encouraging talents to settle in Dongguan, and stabilizing house prices.

In the first half of this year, Dongguans investment in real estate development reached 34.654 billion yuan, an increase of 11.6 percentage points over the first quarter, achieving a positive return. In the first half of the year, the newly started area of commercial housing was 6.0573 million square meters, an increase of 46.2% over the same period of last year. However, the de inventory cycle of commercial housing has continued to decline since this year.

Due to the restrictions on the purchase of first-hand houses in Dongguan, foreign buyers and investors flocked to the second-hand housing market. The first-hand and second-hand markets were inverted, and the new housing market was in a horizontal direction. However, the second-hand housing market was completely wiped out, ranking the first in the country.

The rise of second-hand housing not only stirs the expectation of the property market, but also drives the high heat of the land market. In the first half of this year, a number of land with high premium and even new regional land price records appeared in Dongguan. According to the data of Hefu Research Institute, in the first half of this year, Dongguan sold about 1.269 million square meters of commercial and residential land, a substantial increase of 307% over the same period of last year; the income from land sales reached 40.17 billion yuan, a nearly three fold increase year on year. Last year, Dongguans land sales revenue was only 37.4 billion yuan. Che Derui, general manager of the strategic development center of Dongguan Zhongyuan Property Consulting Co., Ltd., said to the time finance and economics that in the land feasibility report that many developers take land and report to the group in Dongguan, the project price refers to the price of second-hand houses, but in fact, there is a hanging upside down of the second-hand houses. He believes that with the gradual tightening of regulation and the reduction of second-hand house prices, developers will tend to be rational and cautious in taking land, and the land market may cool down. In Chen Junliangs view, the effect of Guanjiu Tiao still needs time, but it releases the signal of tightening regulation. Perhaps, Dongguan just need the opportunity to get on the bus. The first time that iPhone 11 is produced in India can reduce import tariff by 22% city rent ranking list: Guangzhou is so miserable that a landlord loses 80000 a month. HSBCs first response to Huawei incident: never set a trap to trap Huawei source: time finance editor: Wang Xiaowu_ NF

The rise of second-hand housing not only stirs the expectation of the property market, but also drives the high heat of the land market. In the first half of this year, a number of land with high premium and even new regional land price records appeared in Dongguan. According to the data of Hefu Research Institute, in the first half of this year, Dongguan sold about 1.269 million square meters of commercial and residential land, a substantial increase of 307% over the same period of last year; the income from land sales reached 40.17 billion yuan, a nearly three fold increase year on year. Last year, Dongguans land sales revenue was only 37.4 billion yuan.

Che Derui, general manager of the strategic development center of Dongguan Zhongyuan Property Consulting Co., Ltd., said to the time finance and economics that in the land feasibility report that many developers take land and report to the group in Dongguan, the project price refers to the price of second-hand houses, but in fact, there is a hanging upside down of the second-hand houses. He believes that with the gradual tightening of regulation and the reduction of second-hand house prices, developers will tend to be rational and cautious in taking land, and the land market may cool down.

In Chen Junliangs view, the effect of Guanjiu Tiao still needs time, but it releases the signal of tightening regulation. Perhaps, Dongguan just need the opportunity to get on the bus.