Beijing pilots "competition for land prices, bidding for government ownership of commercial housing property rights, and bidding for high-standard commercial housing construction plans" for land supply

  Beijing launches new type of shared property housing that can enter the market in 5 years

  The initial purchaser only pays part of the purchase price of the personal property rights; if the house is transferred after 5 years, the government only takes the original value and does not participate in the premium share of the house

  The Beijing Municipal Commission of Planning and Natural Resources recently issued the "Supplementary Announcement Regarding the Reconstruction of the B-1 South Block R2 Class Two Residential Land in the Shucun Shanty Area, Haidian District, Beijing", and adjusted it. The bidding rules for three parcels of land, including Shucun, Haidian Town, Haidian District, Beijing, are pilot implementation of the listing method of "competitive land price, bidding for the government's share of commercial housing property rights, and bidding for high-standard commercial housing construction plans".

  The announcement made it clear that these three parcels of land will set a reasonable upper limit price for the land. When the bid price reaches the reasonable upper limit price of the land, the higher quotation will no longer be accepted, and the process of on-site bidding for the government's share of commercial residential property rights will be transferred.

  This is the first time that Beijing’s public land transfer adopts the method of "competitive land price + bidding for the government's share of commercial residential property rights + competitive high-standard commercial housing construction plan" to provide land, in order to achieve reasonable guidance to market expectations and strictly implement the "housing, not speculating" method , To ensure the "three stable goals."

  Under this new type of shared property house, the initial purchaser only pays part of the purchase price of the individual property rights, excluding the government's share of the property rights of commercial housing, and cannot be transferred within 5 years, which fully reflects the government's determination to implement "housing and not speculating".

If the house is sold after 5 years, the government will only charge the original purchase price and not participate in the premium share of the house.

  1

  The initial buyer only needs to pay part of the purchase price of the personal property

  In order to further focus on solving people's livelihood issues, Beijing is experimenting with the method of reporting the government's share of property rights in commercial housing during land transfer.

Adopt the method of "commercial land price + bidding for the government's share of commercial residential property rights + competitive high-standard commercial housing construction plan".

Under this new type of shared property housing, the initial purchaser's purchase price does not include the government's share of the property rights of commercial housing, and it cannot be transferred within 5 years.

  The three parcels of land used in this trial are clearly stated in the supplementary announcement that the government’s share of the property rights of commercial housing is determined by the on-site bidding of land bidders, and the government’s share of the property rights of each commercial housing in the parcel is the same. This type of housing belongs to the government and the purchaser. For commercial housing with shared property rights, the initial purchaser only pays part of the purchase price of the individual property rights. The house is sold to families that comply with the city’s commercial housing purchase restrictions and cannot be transferred within 5 years after purchase.

  In this regard, relevant experts said that "no transfer within 5 years" shows the government's determination to resolutely curb investment and speculative housing demand, and has played an effective role in implementing the positioning of "housing to live without speculation".

  2

  Rental income goes to the buyer in full

  It is worth noting that the announcement on the rental issue after the purchase of this type of housing makes it clear that if the purchased housing is used for rental, the full amount of rental income belongs to the purchaser.

  Regarding the transfer regulations of this type of house, the three pilot plots are clearly stated in the supplementary announcement that buyers who have obtained real property rights certificates for 5 years can transfer their share of the property rights held by the buyers at market prices, while the government holds commercial housing The share of the property rights is transferred together, and the government only obtains the purchase payment by multiplying the sales price of the type of housing at the time of the first listing by the government's share of the property rights of commercial housing.

The target of the transfer is a household that complies with the city's commercial housing purchase restriction policy, and the proportion of housing property rights acquired by the transfer target is 100%.

  That is to say, when the purchased house is listed for trading again, the property rights held by the buyer and the share held by the government are sold together, and the buyer can transfer at the market price, and the government only obtains the purchase price at the original value.

  Experts said that at the stage of house transfer, the government only collects the purchase price based on the original value of the house and does not participate in the housing premium share, which fully reflects the benefit of the people.

  3

  Set land price caps to clarify future house pricing rules

  Regarding the sales price of such houses, the supplementary announcement clarified that the management of the housing sales behavior of development and construction units will be strictly implemented in the "Beijing Municipal People’s Government General Office forwarded by the Municipal Housing and Urban-Rural Development Commission and other departments" on promoting the stability and health of the city’s real estate market Several Measures for Development" (Jingzheng Banfa [2016] No. 46) document stipulates.

Among them, it requires that for commercial housing projects whose quotation is significantly higher than the price of the surrounding projects on sale and the previous transaction price of the project and do not accept guidance, the pre-sale permit will not be issued temporarily for the pre-sale of the off-plan housing, and the existing home sales will not be processed temporarily Record.

  When this type of housing is first listed on the market, the declared price is the price of the house with 100% property rights. The purchase price paid by the purchaser is the above-mentioned house sales price multiplied by the purchaser's share of the property rights, and the purchase price is all acquired by the development and construction unit Income; the government does not need to pay the purchase price for the portion of the property rights of commercial housing held by the government at the time of the first sale.

  Experts said that whether it is setting the upper limit of the land price when land is sold or reiterating the government's management of the housing sales price of development and construction units, it reflects the government's purpose of rationally guiding market players to rationally compete and promoting the healthy development of the real estate market.

  4

  The government holds a preset share of the property rights of commercial housing

  In order to improve the quality of commercial housing construction, this supplementary announcement also clearly stated that when the government's share of commercial housing property rights reaches a preset proportion, it will be transferred to the evaluation of high-standard commercial housing construction plans.

  According to the bidding rules, these plots will first be listed for bidding, and when the preset land price limit is reached, they will be changed to on-site bidding to report the government’s share of commercial housing property rights. At the same time, the government’s share of commercial housing property rights also has a preset percentage limit. After the on-site bidding reached this upper limit, it was changed to submit a high-standard commercial housing construction plan.

Enterprises must submit their high-standard commercial housing construction plans on the 10th working day after the on-site bidding day.

A selection committee composed of experts will score these plans. The scoring criteria include: green buildings, prefabricated buildings, ultra-low-energy buildings, livable technology applications, management models, and planning building design plans.

  In this regard, experts said that the bidding rules set a procedure for submitting high-standard commercial housing construction plans, which reflects the government's attention to the quality and quality of housing construction.

The consideration from the government level is that developers can refrain from acquiring land at high prices because of low profits, but since they have acquired land, they must provide high-quality houses.

  Beijing News reporter Xu Meihui