China News Service, Beijing, May 10 (Reporter Pang Wuji) In April, driven by the first round of concentrated land auctions in some cities, the land market transaction scale in major cities rebounded month-on-month, and the land market activity increased.
According to the monthly land market report released by the Zhuge Housing Data Research Center on the 10th, in April 2022, 586 land transactions in major prefecture-level cities across the country, with a planned construction area of 41.8688 million square meters, fell 49.82% year-on-year, but rose 31.42% month-on-month .
In April, the phenomenon of unsold land auctions decreased. In that month, the unsold auction rate was 14.70%, down 4.03 percentage points from the previous month.
The continuous decrease in the phenomenon of unsettled auctions is related to the moderate relaxation of the rules of concentrated soil auctions.
The report believes that many places have moderately reduced the development cost of real estate enterprises and given them a certain profit margin through a number of measures such as canceling the construction, extending the payment period of land transfer fees, and relaxing the price limit, so as to increase the enthusiasm of real estate enterprises to acquire land.
However, prudence is still the main investment trend in the current land market, so although the pass-through rate has declined, it is still at a high level.
From the perspective of the land transaction premium rate, the land transaction premium rate in major prefecture-level cities across the country in April 2022 was 5.48%, an increase of 0.9 percentage points month-on-month and a year-on-year decrease of 23.83 percentage points.
On the whole, the premium rate has increased for five consecutive months since December last year, but the increase was within 1%, and the premium rate was still at a low level.
From the perspective of cities, the top ten cities in terms of land transfer income in April 2022 are Hangzhou, Ningbo, Chengdu, Shenzhen, Nanjing, Changsha, Jinhua, Nantong, Dongguan and Taizhou.
Among them, Hangzhou leads by a large margin, topping the list with 82.7 billion yuan in "land sales" revenue.
This is mainly due to the active first round of concentrated land auctions in Hangzhou this year. A total of 58 residential lots were sold in Hangzhou, 23 of which hit the top.
In addition, in April, the land transfer income in Ningbo and Chengdu was also more eye-catching, both exceeding 20 billion yuan.
It is worth noting that among the top 10 cities in terms of land transfer income, cities in the Yangtze River Delta economic circle account for more than half.
On May 10, the two-day first round of soil auctions in Suzhou ended.
According to the statistics of CRRC Research Center, in the end, all 15 residential lands were successfully sold, of which 4 were sold at a premium, and 2 of the parcels hit the price suspension limit and entered the one-time quotation process, and the remaining 11 were sold at the base price. The overall premium rate is 3%, the market popularity has slightly recovered from the third round of last year.
Up to now, 18 cities have completed the first round of concentrated land auctions. Except for Shenzhen, Hangzhou and Hefei, the land auctions in other cities are still dominated by low premiums and reserve prices.
The "low temperature" of soil shooting may continue for a certain period of time.