Recently, Sanya Municipal Bureau of housing and urban rural development issued a circular on the illegal sales of some development enterprises, the illegal purchase of houses by buyers and the illegal brokerage of real estate intermediaries (hereinafter referred to as the circular). The projects involved include Sanya International Financial Center, guofangjiayuan, Haitang Huazhu, Luneng hongtangwan Tourism and vacation project, etc.
Affected by the overall market situation and epidemic situation, as a well-known tourist city, Sanya’s new house price index has fallen for three months month on month since February this year, while the second-hand is basically flat.
Local insiders in Hainan believe that the house viewing rate decreased significantly in April due to the local epidemic in Sanya. In the later stage, with the mitigation or end of the epidemic in Northeast China and other places, it is expected that some house purchase demand will be released, and the subsequent performance should be better than now.
According to the circular, Sanya Xiangrui Real Estate Co., Ltd. (hereinafter referred to as Sanya Xiangrui) has sold the houses of the project 2 building of “Sanya International Financial Center” without obtaining the pre-sale permit of commercial houses, and collected the house money. It is suspected that it was sold without approval. The project is located in Hedong Road, Jiyang District, Sanya City. The land is used for business and finance. The development project is a commercial office building. The restricted sales objects are enterprises, institutions, social organizations and other legal entities.
Another project suspected of being sold without approval is guofangjiayuan, located on Yingbin Road, Sanya City. Sanya Runtong Real Estate Consulting Co., Ltd. (hereinafter referred to as Sanya Runtong) sold part of the houses of the 3 building without the commercial housing pre-sale license and collected the house money during the agent sales of the Guofang Jiayuan project developed and constructed by Sanya Branch of Lanzhou Guofang Real Estate Co., Ltd.
Another Sanya Juyuan Tourism Development Co., Ltd. (hereinafter referred to as Juyuan Tourism Development Co., Ltd.) has chaotic operation and management. Chen Guixin, the former marketing director of the company, colluded with sun Yueyang, a person without house purchase qualification, and paid a deposit to lock the house supply before resale, which is illegal real estate speculation. Sanya housing and Urban Rural Development Bureau ordered its company to rectify within a time limit, strengthen internal management, and suspend online signing of projects on sale for two months; Chen Guixin assisted those who did not buy houses to buy or speculate in real estate, decided to be included in the bad credit record of Sanya and banned from engaging in real estate related business in Sanya for five yearsP align = “center” source: Sanya publishing official wechat
The daily economic news once reported that Juyuan lvkai was subordinate to the field real estate Group Co., Ltd. and was involved in many disputes over the right of recourse and claim for payment of bills. In March, due to the involvement of financial loan disputes, the non online signed houses and the corresponding allocated land of the Haitang star (also known as Haitang Huazhu) project developed and constructed by it have been sealed up by the court and other institutions and listed as a “major transaction risk project”.
Hainan Sanya Bay New Town Development Co., Ltd. (Luneng Hongtang Bay Tourism and vacation project) and its case field agent sell Hainan New Pearl River Human Resources Development Management Co., Ltd. (not filed with the brokerage agency in Sanya), and Hainan Shengqin Agricultural Development Co., Ltd. (jingyuancheng project), which still sell houses to the buyer when they know that the buyer is not qualified to buy a house. The two projects were also suspended for two months.
Hainan deteng Industrial Co., Ltd. misappropriated real estate transaction funds for its own operation in the brokerage process, and the return was slow, which is an illegal brokerage. Sanya housing and Urban Rural Development Bureau decided to cancel its online signing qualification, ordered it to suspend business for rectification for three months and refund the relevant funds of the buyer.
Since February 2022, Sanya’s new house price index has ended its 20 consecutive rises and declined for the first time month on month. This trend continues to this day.
According to the house price data of 70 cities in April released by the National Bureau of statistics, the sales price index of new commercial housing in Sanya fell by 0.4% month on month and increased by 3.4% year-on-year; The sales price index of second-hand houses was basically flat month on month, with a year-on-year increase of 1.6%.
