Wednesday, June 8, 2016

Ministry stabilization measures in a timely manner to prevent resolve land market

Recently emerged around "abnormal trading block" phenomenon has aroused the attention of the Ministry of land and resources.

On June 8, the Ministry of land and resources Web site announcements, calls for unusual trading blocks of city and County land and resources departments should conscientiously sum up the analysis, interpretation of positive publicity, in time to take measures to stabilize the market working, develop a detailed work plan, efforts to prevent unusual transactions that may occur and the resolution of the land market.

Time in recent King's race, abnormal conspicuous figure of Central State-owned enterprises.

The monitoring data in accordance with the research center of the Central Group, active in the deal in Beijing, Shanghai, Nanjing, Hefei, Hangzhou, Xiamen and other major cities, in January-May this year amounted to 159 cases of transfer the Homestead, in which State-owned enterprises had 67 pieces of land, up to 42% per cent. Among them, a plot that only sold by State-owned enterprises to win in Xiamen, State-owned enterprises in Beijing to buy up to 86% per cent in Shanghai land purchases accounted for 47%; 70% for the proportion of State-owned enterprises in Nanjing to buy.

By the end of May this year, calculated according to the price in the top 50 of land, State-owned enterprise significantly at historic highs. Overall, 50 plots total turnover amounting to 201.329 billion, of which 27 were State-owned enterprises to obtain total turnover reached 109.49 billion.

Land resources Department of announcement said, 2010 land Department issued on strictly implementation real estate with to regulation policy promote land market health development about problem of notification, requirements around strengthening premium dynamic monitoring, timely master premium exception changes, on enrollment took hanging transfer in the premium rate over 50%, and sold price or price innovation high of real estate with to, city, and County land resources competent sector to in sold confirmed book signed (bid notice issued) Hou 2 a days within, reported land Department and province (district, and city) Department of land and resources.

After 2011, the Ministry documents unusual trading block filing system was further improved, clarified the reporting of unusual transactions block scope, approach, conditions, duration and require careful analysis of abnormal high prices cause in the remarks column. Provincial departments of land and resources urged the city to cope with abnormal high price plots and interviews.

After entering the 2015, local reporting exception block has reduced enthusiasm.

Under abnormal trading land records database, 2015, the media reports of unusual transactions block record of only 18%. Moreover, in the China land surveying and Planning Institute, released in April in the 2016 a quarter of the nation's major urban land price monitoring report, not even an exception block. Allow the housing reconstruction by the Department

This, the Ministry requested that the unusual transaction block filing system as the basis for an important long-term adherence. Provincial land and resources department to assume regulatory responsibility, urged the implementation of the administrative anomalies within transaction records, timely detection and suppression is not required to report behavior. City and County land and resources departments to perfect the system, accountability, implementation and ensure the exception record system for the effective implementation of the transaction. Abnormal trading blocks of city and County land and resources departments should conscientiously sum up the analysis, interpretation of positive publicity, in time to take measures to stabilize the market working, develop a detailed work plan, efforts to prevent unusual transactions that may occur and the resolution of the land market.

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