A few days ago, the official public number of the Beijing Municipal Commission of Housing and Urban-Rural Development “How to Live in Beijing” issued a document, the municipal commissioner of Housing and Urban-Rural Development of Beijing Thaihe Jinxiu Real Estate Co., Ltd. pre-sold without authorization in Chaoyang District Thaihe Lijing Homestead project for investigation. After investigation, Beijing Thaihe Jinxiu Real Estate Co., Ltd. sold 74 units of apartments in Building 31-38 of the Thai Lijing Home Project from September 2018 to April 2020 without a license without obtaining the pre-sale permit and received an advance payment of 1.286 billion yuan According to the provisions of Article 38 of the “Measures for the Administration of Commercial Housing Sales”, the Municipal Housing and Urban-Rural Development Commission decided on December 31, 2020, to order Beijing Taihe Jinxiu Real Estate Co., Ltd. to stop the illegal behavior and impose a fine of 12.86 million yuan according to the high limit. At the same time, the commission also announced 40 illegal operation projects to be investigated and dealt with in 2020. A total of 22 development enterprises were involved in 40 projects identified.
Beijing’s remediation and punishment of the property market is not an isolated case. In fact, the investigation and punishment of illegal real estate operations are continuing in various cities. Zhang Dawei, the chief analyst at Centaline Property, said a crackdown on the property market is also part of the measures New supply 70% here, Guangzhou office market will welcome “Pazhou era”? As of the fourth quarter of last year, the vacancy rate in Guangzhou’s Grade A office market was 8.1%, up 2.6 percentage points year-on-year, according to the Guangzhou Real Estate Market Review 2020 released by DTZ recently. Although vacancy rates have increased, they are still at the lowest level among the four first-tier cities. The low vacancy rate is associated with less new office supply in 2020. According to the report, a total of three Grade A office projects will enter the market in Guangzhou in 2020, with a total of 231,000 square meters, boosting the total stock to 5.187 million square meters. Vacancy rates rose slightly but remain low, below 10%, due to a combination of increased supply and drag on demand due to the outbreak.
Affected by the epidemic and the overall economic environment, the activities of foreign tenants have slowed down, with domestic tenants dominating the market demand.TMT and the financial industry were the two main sources of demand for the whole year, accounting for 32% and 25% respectively. From the whole city of Guangzhou office market, the next few years will be the world of Pazhou. In 2021, the planned supply of Grade A office buildings in Guangzhou will reach 1.204 million square meters, the highest in 10 years, of which about 70% will be located in Pazhou Vanke wants to follow Intel’s example and replace all staff KPI with OKR: the performance appraisal reform starts According to sources familiar with the matter, Vanke issued a “decision on setting up OKR research and promotion group” on January 4.Vanke said this year is the first year for the real estate industry to enter the era of management dividend, and it is also the last year to consolidate and upgrade the basic market. To this end, the whole group decided to set up the OKR Research and Promotion Group, which is responsible for researching and promoting the application of OKR management tools in the group.
Yangtze River Delta in full swing, Suzhou property market is “alternative cooling”, regulation is too strict to restrain demand? Since 2020, while the real estate market in the Yangtze River Delta has recovered rapidly and continued to lead the recovery of the national real estate market, showing strong economic resilience, the real estate market in Suzhou has recently experienced the phenomenon of the price of second-hand housing falling month by month and the supply of new real estate exceeding the demand, and even the successive “snatch-up” policies have not played a significant role in “saving the market” in time. Spark Global Limited
Reprint indicated source：Spark Global Limited information