news

our reporters chen ting and zhao yi report from guangzhou

as the property market enters the traditional peak sales season of "golden september and silver october", all parties in the market are making frequent moves.

recently, the guangzhou real estate registration center disclosed the "notice on promoting the work of 'purchase and delivery of houses and certificates at the same time as buying' for new commercial housing in guangzhou" (hereinafter referred to as the "notice"). for newly built commercial housing in guangzhou, if the buyer has paid the full amount and met the conditions for delivery and transfer of ownership, he or she can go through the house delivery and real estate registration procedures at the same time, realizing "purchase and delivery of houses and certificates at the same time as buying".

"difficulty in obtaining certificates" and "slowness in obtaining certificates" were once concerns for many homebuyers when buying new homes. now this link is being cleared up at an accelerated pace. according to the ministry of natural resources, as of the end of february 2024, more than 2,000 counties and cities across the country have implemented the "handover of land, housing and certificates" reform.

a reporter from china business news called the guangzhou 12345 government service hotline and learned from relevant staff that the "house and certificate are delivered upon purchase" policy issued by guangzhou only involves real estate registration services and does not involve the housing and construction level for the time being, that is, it has no direct connection with the completion and acceptance of the real estate project. in fact, compared to "getting the certificate", many buyers still hope that the relevant departments can issue more policies to ensure the smooth delivery of houses.

it is worth noting that some cities are exploring the land transfer stage. on september 4, the shenzhen public resources trading center listed the a219-0080 plot for sale, requiring that all ordinary commercial housing within the plot must be sold as ready-made houses, and that potential bidders must promise to provide a "certificate issuance upon delivery of the house" service. this is the first residential land in shenzhen in recent years that requires all developed residential properties to be sold as ready-made houses.

solving the problem of "difficulty in obtaining certificates"

real estate registration involves thousands of households.

the "notice" shows that in order to implement the relevant deployment requirements for optimizing the business environment, further optimize the "handover of houses and certificates at the same time" work model, effectively guarantee the implementation of "destocking", "ensuring delivery of houses" and "preventing unfinished projects", and better facilitate enterprises and the public to buy houses and obtain certificates, the guangzhou planning and natural resources bureau, guangzhou housing and urban-rural development bureau, and guangzhou taxation bureau of the state administration of taxation jointly issued a document to promote the "handover of houses and certificates at the same time" work for newly built commercial houses in guangzhou.

specifically, for newly built commercial housing that has completed the first registration, starting from august 26, 2024, buyers and sellers can apply for incremental housing transfer registration online after signing the purchase agreement online. after paying relevant taxes and registration fees, the real estate certificate will be directly issued after the documents are verified. for newly built commercial housing that has not completed the first registration, by the end of october 2024, for houses that have completed the final acceptance and met the conditions for delivery but have not completed the first registration, buyers and sellers can apply for pre-purchase commercial housing registration online at the same time when signing the purchase agreement online. there is no need to pay relevant taxes and registration fees, and the real estate pre-registration certificate will be directly issued after the documents are verified.

the reporter learned that the handling process includes three steps: purchasing a house and signing a contract; paying the house price and submitting an application; and handing over the house and the certificate. among them, when a buyer purchases a house from a real estate developer, the two parties sign a sales contract and can agree on the date and location of "handing over the house and the certificate upon purchase". after the two parties complete the online signing of the sales contract, the housing and construction department will push the contract information to the real estate registration department and the tax department in real time. on september 5, the guangzhou municipal planning and natural resources bureau released a handling flow chart for six specific situations on its official website, involving two situations where the house has not been registered for the first time and four situations where the house has been registered for the first time.

this year, guangzhou has continued to promote real estate registration services. on march 27, the guangzhou municipal planning and natural resources bureau put up a batch of residential land for sale, requiring bidders to promise to cooperate in the "issuance of certificates upon delivery" service model to ensure that buyers are eligible to apply for real estate ownership certificates upon receiving the property. this is the first time that guangzhou has included the "issuance of certificates upon delivery" commitment in both the land transfer announcement and the land transfer contract.

"issuance of certificate upon delivery of property" means that the buyer will receive the corresponding real estate certificate upon receiving the property. a relevant person in charge of the guangzhou municipal planning and natural resources bureau said that compared with the previous real estate certificate application model, "issuance of certificate upon delivery of property" will effectively urge developers to conscientiously perform and implement all aspects of commercial housing construction and delivery, further standardize the order of guangzhou's real estate market, improve the convenience and sense of gain of citizens, and improve the reputation of enterprises, achieving a win-win situation for the market, government and citizens.

on april 26, one of the above-mentioned plots of land that required bidders to promise to "issue the certificate upon delivery of the property" - the at1003009 plot east of daguan road and north of olympic sports center road in tianhe district was won by yuexiu real estate with a total price of approximately rmb 1.455 billion (reserve price), equivalent to a floor price of rmb 47,488 per square meter.

land adjustment

at the same stage of land transfer, shenzhen went a step further.

on september 4, the shenzhen municipal planning and natural resources bureau commissioned the shenzhen public resources trading center to list the a219-0080 plot for sale. the plot is located in hangcheng street and fuyong street in bao'an district. the land use is "second-class residential land + park green space + transportation land". the land area is approximately 181,600 square meters (of which the residential land area is approximately 98,700 square meters), and the building area is approximately 290,000 square meters. the listing starting price is 6.665 billion yuan and will be auctioned on october 8.

the conditions for the sale show that the winner of the above-mentioned land will be determined based on the principle of "the highest bidder wins". the residential part will be ordinary commercial housing, and all of them must be sold as ready-made houses. potential bidders must provide a "letter of commitment on issuance of certificate upon delivery of property" when applying to confirm their bidding qualifications, promising to provide "certificate issuance upon delivery of property" service to ensure that buyers are eligible to apply for and obtain the real estate ownership certificate at the same time as they receive the property.

the reporter learned from the planning and design key points table of the a219-0080 plot that the new construction area of ​​the plot is about 290,000 square meters, of which the residential building area is about 272,500 square meters. if calculated based on an average unit area of ​​90 square meters, it is estimated that the plot will supply no less than 3,000 ready-to-move-in homes.

in fact, shenzhen put up for sale the first "competitive sale of ready-to-move-in housing construction area" plot in august last year - plot a001-0212 in xin'an street, bao'an district. according to the announcement, the residential area of ​​the land is about 71,000 square meters, and the maximum construction area for ready-to-move-in housing sales is about 35,600 square meters, which is about half of the overall residential area. this is the first time that shenzhen has adopted the "competitive sale of ready-to-move-in housing construction area" method in the residential land bidding stage, while the previous land transfer rules only involved bidding for land prices, bidding for self-held rental housing construction area, and bidding for self-held affordable rental housing construction area.

the reporter noticed that shenzhen is one of the earliest cities in the country to pilot the "ready-to-move-in sales" policy. in 2016, shenzhen launched the first pilot plot for the sale of ready-to-move-in homes, the longhua a816-0060 plot, requiring that commercial and residential buildings built on the plot cannot be pre-sold, but must be sold to the public in the form of ready-to-move-in sales after completion and obtaining the real estate certificate. according to incomplete statistics, from 2016 to 2020, hangzhou, nanjing, suzhou, zhongshan, chengdu and other places have successively made attempts to set relevant conditions for the sale of ready-to-move-in homes on the land side.

in august this year, a relevant person in charge of the ministry of housing and urban-rural development publicly stated in response to questions related to accelerating the construction of a new real estate development model: "we will vigorously and orderly promote the sales of existing homes, guide local governments to select new real estate development projects, and agree on the implementation of sales of existing homes when land is transferred, and formulate supporting policies based on practice." according to a research report by huatai securities, in the past three years, the proportion of existing homes in commercial housing sales area has increased from 10.4% in 2021 to 18.7% in 2023.

sprint for the "golden september and silver october"

at present, the property market has entered the "golden september and silver october" stage. whether it is guangzhou's implementation of "delivery of the house and certificate upon purchase of the house" or shenzhen's land transfer requirement for immediate sale of residential properties, these measures are directly related to the new housing market.

data provided by cric shows that in the past five years (2019 to 2023), the number of commercial residential units sold during the "golden september and silver october" period in guangzhou's real estate market was 12,933, 21,231, 13,476, 11,426, and 12,960, respectively. the number of units sold in 2020 was the highest, exceeding 20,000. however, on the supply side, the number of commercial residential units supplied in guangzhou has continued to decrease in the past three years. during the "golden september and silver october" period last year, only over 10,000 units were supplied, a decrease of about 60% from the same period in 2021. according to incomplete statistics from cric, from september to october this year, it is expected that 13 new projects will be launched in guangzhou, mainly concentrated in nansha district, huangpu district, zengcheng district, huadu district, haizhu district and yuexiu district.

according to cric's monitoring, in the first eight months of this year, the total online signing area of ​​commercial housing in guangzhou was 6.0912 million square meters, a year-on-year decrease of 19%; the transaction amount was 192.242 billion yuan, a year-on-year decrease of 21%, only better than the same period in 2020. in august, the supply area of ​​commercial housing in guangzhou was 408,700 square meters, a month-on-month increase of 15%; the transaction area was 479,200 square meters, a month-on-month decrease of 29%. in the second-hand housing market, according to statistics from the guangzhou real estate agency association, in august, guangzhou signed 8,872 second-hand residential properties online, with an online signing area of ​​882,800 square meters, a month-on-month decrease of 11.58% and 12.8% respectively.

an unnamed person in charge of a national developer told reporters that july and august are traditionally the off-season for the property market, and guangzhou real estate developers are more cautious in launching new projects. many developers have already released a new round of housing purchase discounts in september, hoping to jointly increase the market activity in the "golden september and silver october".

longfor group told reporters that in order to seize the opportunity of the traditional sales peak season of "golden september and silver october", the company plans to increase the number of high-quality properties in its projects in guangzhou, and at the same time introduce promotional measures such as discounts, "one-price properties", and draws for maotai for transactions.

in shenzhen, although the volume of second-hand housing transactions also fell to a certain extent in august, judging from the performance in the first seven months of this year, the number of second-hand housing online signings in august was 4,671 units, which was still at a relatively high level this year. in the new housing market, according to statistics from the shenzhen real estate agency association, in august, 2,537 new residential houses were sold in shenzhen, a decrease of 3% from the previous month and an increase of 15.4% from the previous year. the new housing market continued to decline slightly, but its transaction volume increased to a certain extent compared with the same period last year.

data provided by the shenzhen housing and construction bureau showed that at the end of august, there were 50,500 new residential units available for sale in shenzhen, and the residential sales cycle was extended to 22.2 months; the number of non-residential units available for sale was 29,868, and the sales cycle was shortened to 58.1 months. according to statistics from the shenzhen centaline research center, in september, 13 real estate projects were planned to be launched in shenzhen, located in bao'an district, nanshan district, futian district, longhua district, longgang district and pingshan district.