Portal of tourism

How to avoid “international tourist island” is a good idea to become a second round of the real estate bubble the fuse, how to bring investors back to the real estate frenzy in the building up of international tourism island, these problems are a test of Hainan Province Government’s wisdom. It is understood that a clear shape in Hainan Province’s real estate development ideas. the real estate industry in Hainan Province will be guaranteed housing and tilt the direction of high-end tourism real estate, general commercial housing land supply and development of examination and approval will be restricted.

In the public eye is still concentrated in the Hainan to suspend land transfer and suspension of approval for new land development projects brought about when the market impact, a perhaps even more shocking document of the market is within the brewing Hainan Province. According to this reporter recently learned from Hainan Province, a department exclusively learned that starting March 1, Hainan Province will implement a new “construction land supply and use of regulations”, which “restricted common commercial housing development” is the main tone. At present, the document has been referred to the Hainan Provincial Government for approval.

restricted common commercial housing land supply

In Hainan has just been granted “international tourist island”, the country’s investment in all directions to carry off the cash influx, there has been some developers to take the opportunity to drive up the price phenomenon. At this time, the Hainan provincial government January 15 announced the suspension of the land transfer, suspend approval of new land development projects. The news came out, housing prices rose in response to major cities in Hainan, a number of the original sale of the real estate hot adjourn the sudden overnight, Tun room to be up. The Lawton Development Company and other “international tourist island of concept stocks” are also broader market adjustment of the moment again and again gone against the tide daily limit, as capital markets, a strange landscape.

While the next ten years will determine the development of Hainan, “Hainan Island, the building of international tourism master plan” is still at the stage of seeking expert advice, but the Hainan provincial government for the development of real estate have been basically a clear idea. This reporter recently from Hainan Province was informed that the Land Office of Environmental Resources, March 1, the Hainan Province will implement a new “construction land supply and use of regulations”, which “restricted common commercial housing development” is the main tone.

In accordance with new regulations, land supply will implement an annual program management, construction, the annual land supply plan targets are divided into encouraging and supporting class (A), regulate the development of class (B) and restriction of control class (C), which safeguards land for housing star hotels, resorts, high-tech creative industries are classified as Category A target, in the land given to encourage support; and theme parks, golf courses, high-grade commercial housing, and villas have been classified as Category B, in the land in the “normative development”; common commercial land use were classified as Class C, “limit control” of their development, and indicators of exhausted and no longer appended.

In Hainan Province, the Office of Housing and Urban and Rural Construction, the reporter also received similar information. A Deputy Director of the Office, told reporters from the building housing the Office of Hainan Province, led all sectors is urgently working towards a “real estate development and management of Hainan Province, the new rules” have been turned over to discuss the Hainan provincial government for approval. From the draft of view, the future of real estate in Hainan Province will be guaranteed housing and tilt the direction of high-end tourism real estate, general commercial housing land supply and development of examination and approval will be under control.

“The idea is right, Hainan has a scarcity of environmental resources. The development of high-end real estate, not only can improve the value of the land, you can also have more spending power to attract the crowd to stay or settle in Hainan. This part of the population of the consumption on the Hainan Special Economic There will be a strong pulling effect. “Hainan Province in the just concluded” two sessions “, a CPPCC National Committee members declined to be named, said.

using the “two pause” to gain time
Deputy Director of the Office of Land and Resources in Hainan, Wang told reporters that the industry is overseas, “two pause” until March the purpose of such “international tourism island-building master plan,” introduced, but the Hainan provincial government is also concerned about the market dynamics, according to the market timely adjustments.

In the new “construction land use and management of supply and provides that” where the draft was clearly written: “The scheme since March 1, 2010 come into operation,” “the relevant provisions of the present approach with the provincial government are in conflict with other provisions, in addition to the approach to explicitly require the use of other things, the application of this approach. ” In the “feud” during the launch of “land new regulation,” industry insiders believe that such an arrangement could mean “two suspension” will be a premature end.

Be held in Hainan Province, where the recent “two sessions”, some members interviewed by reporters, said: ” ‘two suspended’ to a certain extent also the Hainan provincial government long-term planning for the introduction of real estate to gain time, the recent Office of Land and Resources in Hainan and the Office and other departments to live through the construction of a large number of thoroughly research the idea of real estate development on the island is basically clear. “

But insiders said the introduction of new rules the land does not mean “two pause” a premature end. Some programs come but half of the “two suspension” was shelved project may overlap the first to be released this month. This reporter learned that the rumors may be stranded in the Sports Industry (11.14,0.42,3.92%), Sanya, there is hope the International Olympic Village project formally approved at this time. According to March 2009 16 Japan-China Sports Industry and Sanya Municipal Government signed a “Sanya International Olympic Village project cooperation letter of intent”, since the letter of intent within one year from the date of signature, such as the company or the project company can not legally acquire land for the project, a letter of intent automatically Termination. However, if the Hainan Province from March 1 to implement a new land supply policy, then the China Sports Industry it is possible to March 16, 2010 to get to.

to develop protective housing

In accordance with the concept of the relevant departments in Hainan Province, Hainan Province, since the future to follow the “line of high-end tourism real estate, general commercial housing will be limited to development”, the per capita monthly income is only some one thousand dollars of the majority of the residents of Hainan Island, the housing problem, you can rely on protective housing to resolve.

Statistics Monitoring Center of Hainan Province, according to a recent survey, expectations of local residents about Liucheng prices at 2,000 yuan / sq m, about You Sancheng residents expect housing prices from 2001 to 3000 Yuan / square meter, only with 9.71 percent of local residents to accept the 3001-4000 yuan / square meter price. At present, Hainan has been newly built commercial housing rose to 7,000 the average price / square meters .

Looked at the high-rising housing prices, a number of Hainan, local residents for the future of the housing problems of their own or their children to initiate depression, and some even began to doubt the “international tourist island” construction really be able to raise their standard of living.

At high prices, how can we make this island residents live in private housing? In the interview, whether it is government officials at all levels in Hainan Province, or “two sessions” on behalf of, the members, gave a reporter the same answer: to protect nature housing. Protective housing, the Hainan provincial government has been its real estate to break the impasse as a “key.”

In the January 25th National People’s Congress held in Hainan Province, the Third Session of the four, Hainan governor Luo Baoming in the “Government Work Report” will improve the housing conditions of the masses as the province’s top priority this year, the work of the people’s livelihood, and protection of housing construction included in the assessment of cities and counties. The building housing the Office of Hainan Province and the National Land Agency and other functional departments, but also stepped up to develop construction plans and the implementation details.

It is reported that in 2010, the province completed a comprehensive set of safeguards in 2009 75798 housing construction, the province’s new building will be started no less than 10 million sets of protective housing, construction area of 6 million square meters, of which 2 million units to be completed during the year, in addition to building opened last year, 3.08 million homes safeguards must be put into use before June of this year. After the opening number will be increased year by year to build and strive to resolve difficulties within three years the housing problem for the masses. Obtained at the press of this internal document, for the protection of housing types, various other definitions as well as the conditions of application, have done a detailed 11.

Despite the island’s protective housing construction Gaode “bustling,” but the experts from outside the island is not so optimistic about their effectiveness. CCB International real estate analyst, said Ren Wang, a large number of investors from outside the island is a major purchasing power of the real estate market in Hainan, in the next commercial housing development limited circumstances, the commercial housing prices will probably continue to rise due to short supply; while the high end of the beach commercial houses and villas, its scarcity determines the relevant complete and perfect in the future, the price could still rise further. For protective housing, ability to meet local residents to resolve the Hainan housing purposes, but also the enforcement of local government.

( Source: China Securities Net – Shanghai Securities News reporters Na Zhu Yuchen )

Hainan, and become a legend.

“There have been media reports come to Hainan to make investments in real estate funds up to 4,000 billion, but I guess this is less.” Hainan’s tourism industry have told a reporter. Qionghai visit he had just come back, “where the real estate all at once.”

In Qionghai, the local housing bureau does not even know how many houses in the end, Qionghai in sales, do not know the market price, do not know the number of sold, but does not know is who is buying.

international tourism island, Hainan Province, is rapidly changing the new order .

housing bureau and can not read

January 22, “Hainan Daily News” Internal issued a circular asking all departments investigation unit staff Who is not room, the survey compiled in addition to employees, and even the labor service companies hired cleaners, property management personnel. In fact, the Hainan provincial government has asked all units in Hainan property thoroughly.

“Inside of Hainan Province, soaring house prices anymore, and they did not expect that, so quickly, investigation room staff, because the current prices of more than 90% of Hainan, local residents can not afford again.” “Hainan Daily” in a bit middle managers said.

“Now what is the number of Hainan prices?” A reporter asked.

“One day a price, nobody is saying that the clear.” Hainan, a local real estate company’s marketing director, said. However, according to his estimates, the sea rose an average price of commercial housing 8000-10000 yuan per square meter, Sanya, the average price of commercial housing at 20,000 yuan per square meter. Than three months ago are doubled.

January 7, from 18 cities and counties in Hainan, Haikou city representatives Square, the collective oath: “Building an international tourist island, we are ready!”
But the sudden “liquidity” of an impact on this “oath.”

In Qionghai, even the housing bureau on the night of the property market, selling all confused. Because in three or four years ago, almost no local commercial housing development, the whole city is nothing but the farmers Qionghai the private house sites to build houses put together, not even management of personnel, equipment and systems for the orderly management of real estate, real estate, as if suddenly broke out overnight.

Hainan, a local official also said that the province was beyond the expectations of soaring house prices.

January 26, provincial party committee secretary of Wei Liucheng in Hainan Province, the Third Session of the Fifth CPPCC group discussion said that do not want to “prime sites” appear, the Government can not afford to boost the immediate interests of the 1:00 rising land price, as these costs will eventually be passed on on to consumers – it is already “international tourist island of Hainan,” Planning approval to become subjects of Hainan, after speculation in housing prices, Wei Liucheng within two weeks of the first five times in public, talking about real estate.

Hainan’s population has shown high rates of extreme dislike. “I am very angry, although I can get 20,000 yuan a month’s salary, but I still can not afford housing.” Haikou an accounting firm source said. Two days ago, he holds more than 20 yuan to see a few flats, but they were not allowed to even real estate mortgage must be a one-time payment.

According to Hainan Provincial Bureau of Statistics show the province’s average wage of workers in 2008 only 22.8 thousand yuan.

capital “enclosure movement”

According to the locals introduced international tourist island of Hainan, the most shining pearl – Sanya, its front-line sea view land resources have been Luneng, Agile and other powerful real estate developers carved up.

Luneng With the state-owned enterprises and local government background of the special relationship between high-level advantages, a few years ago, in Sanya Bay, 22 km coastline, the core of the lot’s winning 6.8 square kilometers of land, creating a Luneng Sanya Metro, is now on sale outside Seaview Apartment , townhouses, price per square meter up to fifty or sixty thousand yuan; Agile 5 billion yuan at the Morgan Stanley huge leveraging the support of 20 billion capital investment in Sanya, covers an area of 15,000 acres Lingshui dig the “Agile Le Hainan Bay. “

In Sanya specializing in high-end real estate projects in resource integration Mr. Jiang told reporters, “the last century, the nineties, due to local urban management concept has not been established, together with revenue overstretched, urban land resources have all been sold to construction companies or property developers, Sanya has been scarce land resources and reserves. “

Sea front line of urban land scarcity of resources is certainly not a small issue, but the bigger question is, Hainan Island, the overall plan has not yet submitted for approval by the State Council is currently actively promoting the project throughout the construction plan has not exactly from the idea of an international tourist island for Reconstruction and Development departure.

Success in planning a number of tourist scenic spots in Hainan plans to build model tourism project in Shenzhen City Design Co., Ltd. CEO Su Hong-Yu told reporters, “At present, the local governments of Hainan on the promotion of tourism development project entirely on large projects means often choose to become strong consortium film development, project development covers an area the size of tens of square kilometers. While it contains the local government-designated tourism projects must be built, but the whole high proportion of commercial real estate projects. “

“The future of international tourism in Hainan Island, construction planning and long-term interests of the existence of short-term benefits, tourism, real estate and commercial real estate trade-off balance, should the commercial real estate projects accounted for is too high, then the whole existence of Hainan will be reduced to the risk of the national high-end residential district, while International Tourism in Hainan Island, the prospects for development and construction of the greatest tragedy. “Su Hong-Yu said.

In Hainan Island, the concept of international tourism to attract not only those big hot strength of the consortium and large property developers from outside the island’s separate ways reached the capital have caught on to seek the opportunity to reap huge profits.

Local residents, the lack of a strong background and financial strength of the hot money had no chance of competing with the biggest names in those rivers and lakes hot, large-scale development projects, they quietly go to the countryside, sending various people and the local villagers or town, a head of cotton, Latin American relations, the signing of ranging from the size of the land lease is about a term often for decades.

Once the international tourism island development planning and construction related to the relevant land requisition, adjustment, these latent capital will become a dolphin strong nails, to the authorities demanded a high price.

There are indications that international tourist island of Hainan, has not came out the building outline, but the driver has first profit-driven capital markets. The local government how to guide the rational flow of capital investment to ensure the sustainable development of international tourism island, is a challenge.

Source: 21st Century Business Herald / Yi-Min Zhu / Cao Yuan