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Zhejiang's Yiwu sets new record land price

By He Shan
0 Comment(s)Print E-mail China.org.cn, June 21, 2011
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Zhejiang's Yiwu sets new record land price 

全國最貴宅地“義烏造”?

 

?The price for a residential plot in Yiwu, a second-tier city in Zhejiang Province, nudged 40,000 yuan (US$6,153) per square meter at a land auction, setting a new record price for real estate on the Mainland. The sale defied the recent cooling down of the real estate market in China's first-tier cities of Beijing and Shanghai.


The winning bidder Yiwu Modern Real Estate paid 226 million yuan (US$34.7 million) for a 1,500-sqm plot, averaging 39,545 yuan (US$6,083) a square meter at a 347 percent premium to the initial bidding price.


The previous record in was set at 37,000 yuan (US$5,692) a square meter on November 29 last year by a Wenzhou property developer.


Price ceilings have been instituted for real estate transactions in China's first-tier cities including Beijing, Shanghai, Guangzhou and Shenzhen, while land prices in second- and third-tier cities were selling at a more than 30 percent premium, according to data provided by China Index Academy and Tospur Constancy.

Zhang Hongwei, a chief researcher at Tospur Consultancy said, at the current growth rate, Yiwu's real estate could possibly reach 100, 000 yuan (US$15,300) per square meter if allowed to appreciate unchecked.

 

住在杭州網昨日統計顯示,6月15日,浙江義烏雪峰路與望道路西南側的一幅地塊以2.26億元成交,樓板價高達39545萬元/平方米,刷新了全國住宅類地塊單價“地王”紀錄。


6月15日,義烏市現代房產以2.26億元的總價拿下面積僅為1500平方米,最終的樓面價達39545元/平方米,溢價率達347%。

此前,全國商品住宅用地的成交紀錄是去年11月29日由溫州房企置信房產創造的,樓面價高達3.7萬元/平方米。

中國指數院和同策咨詢機構提供的數據顯示,在北上廣深等一線城市的土地多以底價成交之時,二、三線城市尤其是沒有限購令的城市,土地價格仍有30%以上的高溢價。

同策咨詢研究總監張宏偉甚至表示,按照上述土地成交價格的上升趨勢,義烏甚至可能會出現10萬元/平方米以上的天價住宅。

China's business press carried the story above on Tuesday.

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