On July 18, the Land Transaction Market of Beijing completed the transactions over three parcels in Fengtai District, Fangshan District and Daxing District, covering a land area of 19.58 hectares and total building area of 409,500m2. The three parcels are traded under the rules of “Limiting House Price & Bidding Land Price”, and the number of commodity houses with an area of less than 90m2 on the parcels should account for 70% of the total.
Parcels like 0501-634 in Xitieying Village are planned for F1 residence and public construction, B4 comprehensive financial service and A33 basic education, with land area of around 6.56 hectares and total building area of around 193,800m2, of which 116,900m2 building area will be used for building commodity housing at an average price of no more than RMB79,459/m2 and maximum unit price of no more than RMB83,432/m2. In addition, the acquirer needs to provide an area of 57,300m2 for overground commercial buildings to the collective economic organization, in a bid to achieve sustainable development of local collective industry and safeguard long-term livelihood for farmers. In the end, the combo of Beijing Hemao Properties Co., Ltd., Shanghai Xuyao Corporate Management Co., Ltd. and Beijing Guorui Industry Real Estate Holding Co., Ltd. acquired the parcels at a price of RMB7.87 billion (54% of the building area for residential purpose to be held by the combo), with a premium rate of 50% and land sales price of RMB63,098/m2.
Parcels like 02-0001 in Zhoukoudian Town, Fangshan District are planned for R2 Type –II residence, with land area of around 8.91 hectares and building area of around 133,700m2. For the commodity housing on the parcels, the average sales price shall not exceed RMB22,434/m2 and the maximum unit price shall not exceed RMB23,556/m2. In the end, the combo of Beijing Vanke Enterprises Co., Ltd. and Shenzhen Anchuang Technology Investment Management Co., Ltd. acquired the parcels at a price of RMB1.72 billion (40% of the building area for residential purpose to be held by the combo), with a premium rate of 50% and land sales price of RMB12,867/m2.
The C4 cluster parcel YZ00-0803-0602 in Yinghai Town, Daxing District is planned for F2 mixed public housing, covering a land area of around 4.1 hectares and total building area of around 82,000m2, of which the building area of around 24,600m2 will be used for building commodity housing with an average sales price of no more than RMB52,449/m2 and maximum unit price of no more than RMB55,071/m2. 50% of the remaining overground building area shall be held by the acquirer for at least 20 years. In the end, the combo of China Overseas Property Holdings Limited and Poly (Beijing) Real Estate Co., Ltd. acquired the parcel at a bottom price of RMB1.68 billion and land sales price of RMB20,495/m2.
In 2017, Beijing has by far concluded the transactions of over 17 parcels under the rules of “Limiting House Price & Bidding Land Price”, covering the building area of 2,380,000m2. The transactions over 12 parcels for self-occupied housing were concluded, covering a building area of 1,160,000m2.
