Since the beginning of this year, Beijing has gradually liberalized the land price of commercial housing under the condition of better control of housing prices. The floor land price has repeatedly approached the prices of competing houses and second-hand houses around, and flour has tied the prices of existing houses. Take Dongxiaokou as an example, the floor price of several surrounding plots is likely to approach 50,000.
This is also one of the important reasons for this popularity. In 2020, 44 plots have been auctioned, including 35 pure commercial houses. In the first half of the year, there were only 6 competing houses, including two projects in Dongxiaokou. The overall sales volume of Beijing's new housing market is also rising. In July, the inventory cleaning cycle fell to 20 months compared with the first time.
At present, in addition to the limited competition rooms in the south and east, there is still a certain inventory, and the total number of limited competition rooms is decreasing rapidly. The popular Fengtai Science and Technology Park area, Sunac Yizhuang 1 in Yizhuang area, Ronglongfu for attracting investment, Yuhuan Times in Yinghai, Sunac Park 1 in Daxing, etc., have all experienced rapid sales growth recently.