On May 3, the transactions over the parcels for commodity housing in Chaoyang and Miyun districts were concluded in the Land Transaction Market of Beijing under the rules of “Limiting House Price & Bidding Land Price”. The commodity housing in the parcels are provided with limited sales price, and the number of houses with an area of less than 90m2 in the parcels should account for 70% of the total.
2902-86 Land in Xidian Village, Sunhe Town, Chaoyang District is planned for F1 residences and public construction with the overall floorage of around 89,300m2, of which about 26,800m2 for public construction shall be held by the winning bidder and shall not be sold or transferred, and about 62,500m2 for genera commodity housing (general sales price and highest sales price shall not exceed RMB67,516/m2 and RMB70,892/m2, respectively) was jointly acquired by COFCO Property (Beijing) Co., Ltd., Beijing Tianheng Zhengtong Asset Management Co., Ltd. and Beijing Huiguang Corporate Management Co., Ltd. with a price of RMB4.575 billion, premium rate of 31% and land sales price of RMB51,251/m2.
MY00-0102-6002 Land in 0102 Block is planned for R2 Class-2 residence with an overall floorage of about 38,800m2, of which around 14,000m2 is rebuilt and relocated without charge and the rest area (average sales price and highest sales price shall not exceed RMB21,144/m2 and RMB 22,201/m2, respectively) was acquired by Beijing Shunbi Investment Co., Ltd. with a price of RMB220 million, premium rate of 2% and land sales price of RMB11,517/m2.
Beijing has completed the transactions over 15 parcels for commodity housing under the rule of “Limiting House Price & Bidding Land Price” after “9·30” New Policy by far and witnessed an increase of 860,000m2 area of self-occupied commodity housing by reporting the percentage of self-owned area.
