Only the first five months of the completion target of about 1 percent
Posted on Jun-04-2008· by china investor
Residential for this year is expected to "pre-less after many"
In 2008 the first five months of the time the city has launched two residential sites with a total area of less than 100,000 square meters, from March 1 date, residential land in the city almost "zero supply." As this year from the completion of the residential land supply target is still around 99 percent, pushing this year is expected to show the former residential less after the multi-state.
This year, the city launched a total of seven land transfer notice, of which only launched on March 1 notice on the 6th of the transfer of land containing residential, which are located in Fengxian and Nanhui. Besides the supply of land transfer all of the financial nature, such as commercial and office blocks. Quantitative terms, since 2008 the five months, the Shanghai Housing and pushed a total of less than 100,000 square meters. In accordance with the "2008 Shanghai housing construction plan," Shanghai in 2008 of residential land supply 8 million 10 million square metres, of which economic and affordable housing for low-cost housing no less than 20 percent. At present only about one percent of the launch.
May 22, the city premises Resources Board released the land transfer listed No. 7 Notice, launched 26 industrial sites, and the long-awaited developer of residential land is still missing.
The industry that last year, pushing the city to have some residential ago after more than less, a large number of residential land is concentrated in the fourth quarter of 2005. This year from the current situation to push, nearly half the time, the task was completed by 1%, former loose after the bear unavoidable.
– Real Estate Research Institute analyst Zhang Yisong said that the current situation to push less impact on the market will not be great, but taking into account the housing construction plan in residential land and many, although not much of the last stage of transfer, is expected to the next Six months will launch a large number of residential land. (Xu Yun)
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