On April 22, Nanjing ushered in the first round of local shooting in 2022. The bidding results showed that only 14 of the 20 plots listed in this centralized listing were successfully traded, with a total amount of 19.175 billion yuan. Another 6 plots were auctioned because no one signed up, and the auction rate reached 30%.
Liang Nan, an analyst at Zhuge housing search data research center, said in an interview with the Securities Daily, “out of consideration of the market, capital and profits, most real estate enterprises still maintain a more cautious attitude towards land acquisition. In addition, since this year, the transaction in Nanjing new housing market has remained low, which is also a major factor for Nanjing real estate enterprises to be cautious in land acquisition.”
soil heat polarization
The total area of the first batch of plots listed in the south of Nanjing city network and Xianhua city network was 268.8 billion hectares, with a total area of more than 2.4 billion hectares for the south of Nanjing city network and Benlin city network.
From the auction results, the uneven phenomenon of cold and hot land auction in Nanjing is more obvious. More than half of the 14 plots traded were traded at the base price, while high-quality plots were “looted”.
Although the blank price limit of plot G03 in the east of the city, plot G06 in Yuhua habitat forest, plot G01 in Dachang, plot G02 in Nangong University, plot G09 in Xianlin lake and plot G11 in Maigaoqiao jumped, it was not recognized by the developer and finally encountered the streaming auction.
Plot G01, plot G02 and plot G04 in the south of the city are favored by developers and competed by 21, 10 and 17 real estate enterprises respectively. In the afternoon of that day, after centralized lottery, it was finally obtained by three enterprises Hefei Urban Construction Development Co.Ltd(002208) , Sanjin real estate and Vanke, with a total transaction price of 1.47 billion yuan, 940 million yuan and 2.08 billion yuan respectively.
“It can be seen that the traditional improved main city sector is still favored by developers. Although the market performance of some projects in the early stage of the senior colonel’s field is not very ideal and the confidence has been hit to a certain extent, from the results of this local auction, both plots hit the top, shaking numbers, which has reshaped the confidence of developers and property buyers in this sector to a certain extent.” Zhao Jingbo, general manager of Kerui Nanjing organization, told reporters.
Referring to the polarization of the popularity of local photography in Nanjing, Liang Nan told reporters, “The differentiation of land auction heat is the common feature of the first round of land auction in various cities during the year, which is actually affected by the cautious attitude of real estate enterprises out of various considerations and the conditions of the plot itself, such as location and volume. The land auction heat in Nanjing is still consistent with the performance of the property market, which also shows that the land auction heat is related to the local policy environment and the performance of the property market. It is expected that the flow auction of six plots in Nanjing will not have much impact on the national land auction market Ring. “
state-owned enterprises and central enterprises are the main force of land acquisition
The reporter noted that compared with the land transfer policy in the second half of last year, the first round of land transfer policy in Nanjing has been relaxed in terms of deposit and the number of plots.
Previously, most of the commercial residential land sold in Nanjing required competing enterprises to build rental housing according to 5% or 10%. In this announcement, except for plot G03, all plots have cancelled the construction requirements of rental housing, reduced the hidden development cost of real estate enterprises, and eliminated the problem of unified management after delivery. In addition, the proportion of bid security for the plots sold in this batch will be reduced to 20% of the initial total price, and the payment cycle of land transfer fees for some plots will be extended to 6 months or more. At the same time, the policy also lifted the restriction on the number of plots. This means that powerful brand real estate enterprises can give full play to their financial advantages and layout more areas.
An unnamed staff member of Nanjing local real estate company said, “before, the proportion of bidding deposit for general plots was 20%, and the proportion of bidding deposit for popular plots was 30%. This time, it was uniformly adjusted to 20% of the total price.”
From the list of enterprises participating in the bidding, the real estate enterprises participating in the first round of land acquisition in Nanjing are mainly central enterprises and state-owned enterprises Hefei Urban Construction Development Co.Ltd(002208) , PowerChina and COFCO each took two pieces of land. The reserve price of CNOOC real estate was 1.35 billion yuan. Fangshan plot was taken off, and Sanjin, Zhongyin, CSCEC Dongfu and other real estate enterprises took land again after many years.
\u3000\u3000 “State owned enterprises and central enterprises have certain financing advantages, with abundant capital and high land acquisition enthusiasm, while most private enterprises are relatively difficult to finance. In addition, although the policy has continued to improve, the trading market has not improved significantly due to factors such as the epidemic and the time lag of policy effect. The performance of real estate enterprises in the first quarter is lower than expected, resulting in the current liquidity of real estate enterprises is still generally tight, the ability to obtain land is slightly insufficient, and The attitude is also more cautious. It is suggested that the follow-up land acquisition of real estate enterprises should pay more attention to the high-quality plots in the first and second tier key cities, and reasonably control the pace of land acquisition on the premise of ensuring the profit space. ” Liang Nan said.
