On the evening of February 16, the first round of centralized land supply in Beijing in 2022 ended on the first day. In addition to a piece of land flow bid, 9 plots were sold at the base price, with a total transaction amount of 20.7 billion yuan. It is reported that there will be 8 land auctions tomorrow (February 17).
According to the reporter of Securities Daily, at the beginning of January, Beijing started the first batch of centralized land supply this year, hanging out 18 land. According to the quotation, 8 entered the on-site bidding link, 9 bottom price transactions and 1 Flow auction.
"Compared with 2021, Beijing's land supply work started earlier. Against the trend, the land in Chaoyang, Fengtai, Shijingshan and other regions still received bidding applications from many real estate enterprises. Among them, two plots in Chaoyang, phase III of Changping Life Science Park and four plots in Jiugong town of economic development attracted more attention and received more than five quotations." Pan Hao, senior analyst of Shell Research Institute, told the Securities Daily that enterprises such as CNOOC real estate, China Resources Land, Poly Developments And Holdings Group Co.Ltd(600048) , Beijing urban construction, Beijing Capital Development Co.Ltd(600376) and so on have high enthusiasm for participation, which is directly related to the relatively good capital situation of stable real estate enterprises. In addition, the plots acquired at the beginning of the year have the opportunity to form sales reserve value within the year, which has also become one of the important factors for real estate enterprises to pay attention to this round of local auction.
"In 2022, the first batch of 18 lands attracted 22 real estate enterprises (real estate enterprises do not double calculate the land) and consortia to participate in the registration. State owned enterprises and central enterprises are still the main force. The registration of consortia is significantly less than that of last year." Zhang Dawei, chief analyst of Zhongyuan Real estate, told the reporter of Securities Daily that the plot of Changping Life Science Park has the largest number of registered enterprises, with a total of 10 real estate enterprises participating. The starting floor price of the plot is 36157 yuan / m2 and the guidance price is 62000 yuan / m2; Another hot plot, Chaoyang cuigezhuang plot, has eight real estate enterprises registered, with a guide price of 88000 yuan / m2 and a starting floor price of 45997 yuan / m2.
"From the first round of centralized land supply projects, the overall land location is good. Some plots belong to scarce plots. There are many plots in Chaoyang, Fengtai and Shijingshan. There was not much market supply in the region." Zhang Dawei said that in view of this, central enterprises such as China Resources Land and CNOOC real estate are still large land users. Enterprises such as Beijing Capital Development Co.Ltd(600376) which took more land last year have relatively reduced their participation, and there are signs of recovery in the overall land market.
In Zhang Dawei's view, the complex bidding rules reflect Beijing's precise control over the implementation of "one place, one policy" in the land market, but it still can't stop the enthusiasm of Housing enterprises to obtain land, indicating that as long as the plot is good, everyone will grab it. Judging from the transaction results on the first day of bidding, the differentiation of the land market is still very obvious, the bidding distribution of enterprises is uneven, the real estate enterprises have not completely got out of the financial pressure, and the number of participating enterprises is obviously lower than that of the first round of centralized land supply in 2021.
It is noteworthy that compared with the two rounds of centralized land supply after 2021, the transaction of the first round of centralized land supply in Beijing has recovered significantly. "Take the land at the beginning of the year, and the project can receive the payment within the year, so the real estate enterprises are relatively active." Zhang Dawei said that in addition, since the end of last year, there have been overall signs of recovery in Beijing's real estate market. The average monthly trading volume of second-hand houses began to recover to 13000-15000 units. Under the stability of the market, developers also began to increase land acquisition.
