The second round of centralized land supply in Fuzhou this year ended on May 27.
Fuzhou launched a total of 19 parcels of land for this time, with a total starting price of 13.6 billion yuan.In the end, a total of 16 plots were traded, with a total transaction price of 10.137 billion yuan, of which 10 plots were sold at the reserve price, and another 3 plots were passed in.
Judging from the situation of land-acquisition enterprises, central enterprises, state-owned enterprises, and local urban investment platforms are still the main force for land acquisition.Among them, C&D won 2 plots with 903 million yuan, Fuzhou Industrial Park Development Group and Fujian Rongsheng Municipal Engineering also won 2 plots respectively, while Poly Development, Xiamen International Trade, Fuzhou New District Development, Fuzhou Drum Tower Construction Investment, Fujian Chunlun Group, Fujian Rongfa Land and other companies each won 1 case.
"Fuzhou's commercial housing market has been sluggish for a long time. Since the second half of last year, the cooling of the land market has accelerated, and the confidence of housing companies in acquiring land is obviously insufficient." A real estate industry analyst told reporters.
On March 16, the first batch of centralized land supply in Fuzhou in 2022 sold 17 parcels of land, of which 3 were suspended and 2 were passed in. The transaction value of the remaining 12 parcels was 6.627 billion yuan, of which 8 parcels were sold at the reserve price. .
Analysts believe that the second round of land sales in Fuzhou has not improved significantly compared with the first round of centralized land supply. There have been many transactions at the base price of land and passed in auctions, and real estate companies are still cautious in acquiring land.
"The subsequent purchase of land by listed housing companies largely depends on whether the sales market is active. Therefore, from the perspective of enhancing the willingness of housing companies to acquire land and activating the land market, the key is to ensure the active housing sales market in various places." E-House Yan Yuejin, research director of the Institute's Think Tank Center, said.
It is worth noting that, in order to stabilize the market, Fuzhou has introduced property market support policies many times during the year.
In February this year, Fuzhou made adjustments to the housing provident fund policy.The policy stipulates that the down payment ratio is reduced from 50% to 40% for employee families who purchase a house within the administrative area of Fuzhou and apply for a pure housing provident fund loan for the second time.
In addition, Fuzhou has become the first city to liberalize purchase restrictions in a substantial sense.On March 29, Fuzhou City introduced a new policy on the property market, which stipulates that households without household registration in the five urban areas (including Hong Kong, Macao and Taiwan) can purchase houses in the five urban areas of Fuzhou from now on, without providing medical and social insurance or tax payment certificates for 12 months in the past two years or settling down. Buy an ordinary house of less than 144 square meters in the five urban areas of Fuzhou.
Then on March 31, the Fujian Provincial Housing Provident Fund Center issued a document saying that employees who have paid the provincial provident fund to buy new commercial housing in the administrative area of Fuzhou can apply for the withdrawal of housing provident fund to pay the down payment according to the relevant process materials.
"It can be seen that Fuzhou has made efforts in policy adjustment in many ways, which also reflects the urgency of Fuzhou's relaxation of property market policies." Guan Rongxue, an analyst at Zhuge Housing Data Research Center, said.
Industry insiders believe that it will take some time for the relaxation effect of Fuzhou's property market policy to transmit to the land side. In the future, Fuzhou is expected to further introduce property market support policies to boost market confidence.
