On August 17, Wangcheng District sold two double-limited land plots, one with a limit of 6,515 yuan/square meter, which was missed. The other was limited to 6,000 yuan/square meter, and the lowest price was sold. This is the first time that the double-limited land transactions and reserve price transfers have occurred in the Changsha land market since the second half of the year.
According to the Changsha Land and Resources Online Trading System, [2018] Wangcheng District 010 is located in , Jinshanqiao Street, , with a transfer area of 121,932.32 square meters, a starting total price of 601.43 million yuan, a starting floor price of 1,973 yuan/square meter, and a planned land use is residential land, with a floor area ratio of 2.5, a building density ≤22%, a green area ratio ≥48%, and a building height limit of ≤80 meters.
[2018] Wangcheng District 011 is located in the southeast corner of the intersection of Purui Avenue and Maqiaohe Road in , Economic Development Zone, with a transfer area of 108,228.28 square meters, with a total starting price of 536.43 million yuan, a starting floor price of 1,652 yuan/square meter, a planned commercial and residential land, a commercial and residential ratio of 1:9, a floor area ratio of 3.0, a building density ≤30%, a greening rate ≥35%, and a building height limit of ≤100 meters, which was obtained by the reserve price of Hunan Aohai Real Estate Development Co., Ltd.
The listing conditions for the two plots are as follows:
1. The plot requires a price-limited commercial housing with a total construction area of 20% of the net land use. The price-limited commercial housing can only be sold to the targets of the "Demolition and Resettlement Price-limited Commercial Housing Purchase Certificate" issued by Wangcheng District land acquisition application; the price-limited commercial housing does not participate in land bidding, and the premium part is the price of ordinary commercial housing; the price-limited commercial housing delivery standards are consistent with ordinary commercial housing.
2. The building area of commercial housing units with limited price (including the public part shared area ) is between 55-165㎡/set. The specific type is limited to five forms: 55㎡/set, 82.5㎡/set, 110㎡/set, 137.5㎡/set, and 165㎡/set. The sum of the two forms of 110㎡/set and 137.5㎡/set shall account for no less than 60% of the total number of units, and the proportion of 55㎡/set shall account for no less than 10% of the total number of units.
3. In accordance with the "Opinions on Standardizing the Setting and Configuration of Public Services in Residential Development Projects (Trial)" (Changzhengbanfa [2017] No. 29) and other documents, community office and service rooms are built in this plot.
4. The project construction must comply with the relevant requirements for the management of safe residential housing. 80% of ordinary commercial housing units in the plot shall not exceed 144 square meters, and no less than 60% of the housing units below 120 square meters in the project shall be purchased first.
4. Educational facilities construction cost: According to the minutes of the District Mayor's Office Meeting [2018] No. 3 and the District Government's approval of the "Report on the Relevant Revenue Revenue for the Receiving of State-owned Resources Paid Use Income (Educational Facilities Construction Cost) for newly transferred residential land after January 1, 2017": The winner of ordinary commercial housing land is paid for the educational facilities construction cost according to the standard of 260 yuan/square meter (building area). This fee is the additional fee for the sale of the parcel and is not included in the starting total price. It is paid together when paying the transaction price and paid to the District Education Bureau's non-tax special account.
Why did these two double-limited areas not have a "circuit break"? Industry insiders analyzed that there has been a rumor in the market that "administrative approvals such as price filing for fully decorated projects have been suspended", so developers have become cautious. In addition, the geographical locations of these two plots are relatively remote, so there are bottom-price transactions and even failed sales.
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