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2024

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Bai Yansong: Ministry of Land Announces Idle Land as a Warning to Local Governments

Liao Yonglin (Director of the Land Use Department of the Ministry of Land and Resources): Through clean-up, as of the end of May, a total of 3070 cases of illegal and illegal real estate land have been reported nationwide, of which 2815 cases of idle land, covering an area of 169500 mu, accounting for the total number of cases reported. 91.69 and 90% of the area. Commentary: The press conference of the Ministry of Land and Resources on the special rectification of real estate land was held at 10:30 this morning. The three-month special rectification data were disclosed one by one. Of course, the most interesting one is that the land is idle. The number is 2815.


Liao Yonglin (Director of the Land Use Department of the Ministry of Land and Resources):
 
Through the clean-up, as of the end of May, a total of 3070 cases of illegal and illegal real estate land were reported nationwide, of which 2815 cases were idle land, covering an area of 169500 mu, accounting for 91.69 and 90% of the total number and area reported respectively. Commentary: The press conference of the Ministry of Land and Resources on the special rectification of real estate land was held at 10:30 this morning.
 
The three-month special rectification data were disclosed one by one. Of course, the most interesting one is that the land is idle. The number is 2815 cases, covering an area of 169500 mu. Yan Jinming (Director of the Land Planning Center of Renmin University of China): If we build a normal house of 90 square meters on this land, we say that if the plot ratio is 2, the equivalent construction area can reach 0.226 billion square meters. If you build a house of 90 square meters for 0.226 billion square meters, you can actually build 2.51 million houses.
 
In fact, from January to June this year, the completed area of residential buildings nationwide was close to 0.2 billion, that is, more than the total area completed this year. Commentary: Why is so much land idle? In the critical period of real estate regulation, today's news briefing by the Ministry of Land and Resources will attract people's attention. Today, three minutes before the news briefing, at 10:27, Pan Shiyi posted on his Weibo (http://t.sina.com.cn) that some developers will be waiting for bad news. The Ministry of Land and Resources today announced 1457 idle land treatment opinions. This is the list that Pan Shiyi mentioned. This list lists in detail the project names of provinces, autonomous regions and municipalities, the assignee of idle land, the contract number, the time when the contract was signed, and the agreed start and completion time. As of September 30 last year, there were 1457 cases of idle land nationwide, with an idle area of 9772 hectares, of which more than 70% were residential land. On August 10, China Business News took the lead in disclosing this list, which attracted widespread attention. Therefore, many media today, like Pan Shiyi, regard this meeting as a formal announcement and make their own research and judgment on real estate regulation. Liao Yonglin: In the first half of the year, my land supply has increased greatly compared with last year. Commentary: This is a consensus in the critical period of macro-control of the real estate market. Just three days after the announcement of the list of idle land, there were media reports. On August 12, Zhu Zhongyi, vice chairman of the China Housing Association, was in Boao, Hainan. It was revealed at a meeting that the China Housing Association has repeatedly written to the State Council, suggesting that the introduction of new tightening real estate control policies should be suspended, he also expressed dissatisfaction that the actual amount of land supply completed in the first half of this year only accounted for 30% of the annual land supply plan. As a result, it has triggered a lot of experts and scholars.
 
Obviously, both incidents are related to land, which also adds suspense to today's news briefing.
 

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