The average land right on the road in July Dali Dongzuo: a phenomenon in the pre-sale housing market| Topics in the housing market| Housing market

2023-06-15 04:48:41

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Dali Construction Chairman Xie Zhichang.Reporter You Zhiwen/Photography

Dali Construction (6177) held a shareholder meeting today (15th). Chairman Xie Zhichang said that the average land rights regulations are expected to come into effect on July 1. Recently, there has been a phenomenon in the pre-sale housing market. House buyers are buying houses in advance in order to maintain the flexibility of resale. , especially in the south-central region.

He said that since resale of pre-sale houses is prohibited following July 1, it is expected that investors will disappear from the market, and the real estate market will turn into a purely rigid and real estate demand market. He is happy to see this situation, because returning to the normal market is more beneficial to companies with long-term sustainable operations.

Xie Zhichang said that it has been a long time since the law on the equalization of land rights was amended, and many consumers postponed the time to buy a house because of this law. Now that the time to go on the road is fixed, consumers have a direction to decide whether to buy or not, and there is also a time to enter the market. For the market, it can be said that it is all bad news.

He said that following the timetable for the bill to go on the road was confirmed, a phenomenon appeared in the pre-sale market. Many house buyers, whether for self-occupation or property purchase, because the bill is not retroactive, purchases before July 1 can still be resold, in order to let assets own Flexibility, so they have sold ahead of schedule in the last month.

He said that this situation is especially evident in the central and southern regions. The low total price and low unit price construction projects in southern Dali have recently seen a wave of obvious buying momentum.

As for housing prices, Hsieh said that in the long run, housing prices in Taiwan are on the rise. Over the past period of time, both labor and materials have risen, construction costs have risen, and funds have not ebbed, and interest rates are also low. Unless there is a major economic storm, there is no room for decline. .

Although the average land tenure regulations have come to an end, Xie Zhichang said that there will be general elections in the second half of the year and variables in cross-strait relations, and the trend of the housing market remains to be seen. He said that under the uncertain economic climate, he will not actively purchase land this year, but will instead focus on joint construction and joint projects. The amount of proposed projects this year is regarding 18 billion yuan.

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