Beijing plans to organize 150 hectares of land for public rental housing this year, an increase of 70 hectares from last year.



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Original caption: Beijing plans to fix 150 hectares of land for public rental housing this year, an increase of 70 hectares from last year Source: CCTV News Client

The Beijing Municipal Housing and Urban-Rural Development Commission announced on March 12 that to expand coverage of affordable rental housing, Beijing plans to organize 150 hectares each for collective rental housing and public rental housing this year.

Reasonably increase the supply of residential land, increase the inclination towards rented housing, strengthen the mechanism of “real estate and territorial linkage, a place, a policy”, and make careful and precise planning to further improve the vision of the future, precise and effective regulation and control of real estate, and promote the industry High-quality development.

Multiple agents and multiple channels will increase effective supply and expand affordable rental housing coverage. The hiring of 300 hectares of residential land for lease is foreseen, of which 150 hectares for rental housing and public rental housing respectively, an increase of 100 hectares and 70 hectares respectively from 2020. Actively guide the reforms of the multi-agent, multi-channel diversified deployment model, comprehensively utilize existing primary land development, collective access to the land market, transformation of stock resources, and revitalization of idle housing to expand channels supply, ensure people’s housing needs and do our best to help new citizens, youth, etc. to alleviate housing difficulties.

A mechanism of “real estate and territorial linkage, a place, a policy” will be established, and progress will be made in the precise regulation and control of real estate. Insist on adapting measures to local conditions and implement “a place, a policy”, that is, according to the specific conditions of the different plots, the different conditions for the bidding of land or the sale of houses, such as the establishment of maximum land prices, the tender for government participation. of common property rights, tender for the construction of high-quality housing and tender for construction. Talent of public rental housing, the proportion of own housing by competing companies, the implementation of differentiated preferential tax credit policies and the formulation of priority housing. purchase orders, etc., implement real estate regulation and control on each parcel, and continue to enrich and enhance the policy toolbox. Among them, the introduction of the common property rights policy in commercial housing is an optimization based on the implementation of the positioning requirements of “housing to live without speculation” and summarizing the current experience in common property housing and competitive housing restricted; the introduction of the high-quality housing program is a benchmark. The goal of building a world-class harmonious and livable city will effectively promote the improvement of the quality of housing.

At the same time, the house price will be guided to the land transfer link, based on the reference land price of the land, combined with regional market conditions for the calculation. The housing construction, regulatory agencies, district governments and experts form a joint meeting to jointly determine the upper limit of the house price of each block and inform the bidder during the land transfer link, and the bidder must sign a home price understanding pledge. By opening up land prices and house prices, we can achieve linkage guidance, curb irrational land acquisitions, and resolutely stabilize land prices, house prices, and expectations.

【Edit: Tian Boqun】


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