“2 days up to a 2000 real estate many things in Taiwan,” R & F Properties Hainan company official told reporters.
It is understood that in order to prevent the real estate bubble, Hainan Province recently issued a “limited ground Order.” However, “limited to order” introduced, not only failed to curb housing prices, has become a force pushing up housing prices. A day of individual real estate prices reached 5,000 yuan / square meter.
Media reported that top hotels in Sanya and Haikou have been coming to real estate speculators were all fully booked for the travel convenience of real estate speculators off-site car led to the recent volume of the car license up three times, Vehicle Administration Office are all too busy to a.
In fact, the Hainan price rises have been higher than the national, and in almost 10 years, 10 times the speed of rising.
The last century, 90 years, since the real estate bubble in Sanya, which were caught in the doldrums. Sanya real estate recovery in 2000, but the grades are low, home prices per square meter is only about thousand dollars. However, since 2002 show a new wave of commercial housing price trend Sturm und Drang, a year or even a price of several prices rose almost 10 years by 10 times.
In 2007, Sanya sea view room for more than an average price of 14,000 yuan per square meter, house prices increased by more than 30%. Started on the downward adjustment of prices across the country in 2008, the average selling price of commercial housing in Sanya 1.0159 yuan / square meters, with 36.34% increase compared to same period last year.
Despite the rise so this newspaper early last year found that the majority of the industry is still worried about the influx of hot money investments, Hainan price bubble will grow. Which are now the highest on the rise up 5,000 yuan, Hainan has attracted the eyes of people across the country.
“Hainan to stop providing more land for 3 months” message to the previous owners had purchased the property in Sanya began to always pay attention to their own real estate prices.
“Really crazy, I doubled it,”
At Clear Water Bay, Hainan, an owner told reporters that he bought in March last year, Clear Water Bay real estate, when the average price was 8500 yuan / square meter, but now he was told that the house has been sold to Clear Water Bay 20,000 yuan / square meter m. “Now prices in Sanya week of a price,” he said.
Subsequently, the reporter to contact the buyers as sales offices in Hainan Bay asked price, the sales lady simply said one simple sentence, there is no availability to sell.
A report from the non-governmental research institutions, statistical data, said more than 4,000 billion Zheshang capital of Hainan, the influx of the real estate market, short-term rates soared rapidly in Hainan, Haikou, house prices in December last year, ranking third or bits, while the Sanya Phoenix Island, opening price of luxury residential real estate, has from 5 yuan / square meter quickly rose to 7 yuan / square meter.
Hainan house prices soaring again, even the local developers are also “look spent.”
In the industry that, despite the recent state promulgated the “National 11″ to harsh terms, once again reiterated that the fight against speculative buyers, real estate speculators and other acts, but the international tourist island of planning is still like a giant magnet, attracting a group of another batch of private capital into the beautiful scenery of tropical islands, they all seem to have not yet aware of a deeper under the national regulation and control policy implication. “Re-appearing shadow of the bubble. Hainan, anxiety, and as the birthplace of China’s real estate bubble, it obviously wants to try to avoid the early 90s of the last century of that disaster – and that the wave field are too many vicissitudes of life left to Hainan mark. international tourist island of planning, it should be new opportunities in Hainan, should not be the reincarnation of another bubble. “
Real Estate Kwok-keung, Director of the Institute of Beijing University that, in view of the last century 90′s real estate bubble in Hainan, in the current round of investment, the Government should invest in reasonable control of the rhythm and scale, and prevent over-investment has brought a new round of foam. He said the five-star hotel in Sanya city, dozens of companies are building and the number of planning and construction are very impressive, which should be strictly vigilant.
According to the latest news, Hainan, the application of Land and Resources will be an additional land-use plan targets to increase land supply.
Source: Sing Tao Global Network
