Nanjing strengthens the management of commercial construction projects and makes it clear that 50% of commercial projects are self-sustained

On February 5, the Nanjing Municipal Planning Bureau and Natural Resources Bureau, Nanjing Housing Security and Real Estate Bureau, Nanjing Urban and Rural Development Commission, and Nanjing Urban Management Bureau jointly issued the "About Further Strengthening the Construction of Commercial Offices" Notice of Implementation Opinions on Whole Process Management of Projects.

This notice will be effective from February 1, 2020. This policy focuses on supervising illegal activities such as the demolition, modification and sale of commercial projects, and various policies have been formulated around the entire development process of commercial projects.

Creating the "5-2-3" model for commercial and office projects

The "Implementation Opinions on Further Strengthening the Whole-Process Management of Commercial and Office Construction Projects" clarifies the self-sustaining ratio requirements. For large and medium-sized commercial projects with a total construction area of ??more than 5,000 square meters, the "5-2-3" model of commercial projects is innovatively proposed, that is, the developer owns 50%, can sell 20% separately, and builds 30% serviced apartments. %; for commercial projects with a total above-ground construction area of ??less than 5,000 square meters, the "5-5" model is adopted, that is, the developer holds 50% for itself and 50% can be divided and sold.

1. The "50%" self-owned part is suitable for large and medium-sized enterprises, headquarters and other self-owned office operations, or for investment and leasing by small and micro innovative enterprises, allowing development companies to transform from mere "house sellers" As the "operator" and "investor" of the city;

2. "20%" (50% for projects with a total above-ground construction area of ??less than 5,000 square meters) can be divided into sales parts, for those who want to own Small and medium-sized enterprises with independent property rights;

3. "30%" serviced apartments are used to balance the unit price of land, increase the functional mix of land, reduce the hollowing out of business districts, and make it easier for young people to live nearby for the first time Home purchase;

4. The construction area that can be divided and sold is clearly 300 square meters (300 square meters in Shanghai and Xiamen, 500 square meters in Beijing);

5. For hotel-style The division and sale of apartments (referring to the minimum area of ??45 square meters for affordable housing in our city) and underground space have been restricted to reduce the conflicts of fragmented property rights and real estate speculation in the future.

In the view of Yan Yuejin, Research Director of the Think Tank Center of a certain research institute, “This objectively makes the allocation of commercial and office land more flexible. For various projects, developers need to hold at least 50% of their own land. However, for commercial and office land of different sizes, the policy provides more flexible guidance. For commercial and office projects with a ground floor area of ??more than 5,000 square meters, 20% is allowed to be sold. The property is given to small and medium-sized enterprises, and 30% is allowed to be sold to young people in the name of serviced apartments. This is to prevent the risk of hollowing out such business districts. Such policies in Nanjing are relatively flexible and take full consideration of real estate companies, corporate users and residents. The relevant needs of individual users are a relatively pragmatic policy."

Strictly supervise the illegal demolition and modification sales of commercial projects

The phenomenon of illegal demolition and modification sales of commercial projects has been around for a long time. Common in major cities across the country, these demolition, renovation and sales practices not only easily lead to conflicts among social groups, but also undermine the basic rules of the market economy, disturb the fair market environment, and make subsequent management of the government very difficult.

This policy points out that various illegal commercial projects have a wide range of land uses, including commercial land, business land, mixed commercial and office land, industrial land, production and R&D land and other non-residential land, as well as Land for commercial service facilities in residential land. In other words, for some land that cannot be planned as residential products, there are often illegal renovations and illegal marketing.

In this regard, this policy has made corresponding provisions in terms of apartment design and standardized sales. For salable commercial properties, the minimum area shall not be less than 300 square meters, and for hotel-style apartment projects, the minimum area shall not be less than 45 square meters; water (tea) rooms, toilets, and water supply and drainage pipe wells should be centralized on each floor. ; Except for apartments and hotel rooms, kitchens are not allowed to be set up in separate households, and water pipes and flues (holes) are not allowed to be reserved in areas other than functional rooms such as tea rooms and bathrooms.

In terms of sales, development companies are urged to set up public notice boards at the sales site to clearly indicate to buyers the planned use of the house, land use life, deed tax, property service fees, water and electricity fee standards, and supporting construction indicators, etc. Inform the home buyer that the property should be used strictly in accordance with the planned use, and the use must not be changed without authorization. A clear agreement should be made with the home buyer in the subscription letter and purchase contract to remind the buyer that this project is a commercial project, not a residential property.

"According to the new provisions, firstly, the proportions of holding, for sale and hotel apartments are determined. Secondly, the respective apartment types are also determined. The apartments cannot exceed 45 square meters, and the for-sale commercial units cannot be opened. More than 300 square meters. Third, the layout is changed. Apartments can have water supply and independent kitchen and bathroom. In addition, commercial offices can only have concentrated kitchen and bathroom on each floor in the future. What can be built and how big it can be should be regulated in the future to prevent illegal demolition, renovation and sales of commercial and office projects. In addition, the purpose of the new regulations is to regulate from many aspects, in addition to construction. There are also sales and so on," Zhang Hui, secretary-general of the Nanjing Real Estate Association, told the China Times reporter.

Yan Yuejin believes that the relevant provisions of the policy provisions can prevent the demand for investment speculation. "In the actual process, there are indeed many illegal demolition and renovation practices, and then transfers are carried out in the form of small units, and investors also recognize such small units. Now that such units are limited, the demand for investment speculation is naturally reduced. And the policy The centralized installation of bathrooms and other facilities and the clear reservation of water pipe locations are all to prevent the risk of illegal conversion of some properties into residential buildings after they are sold. Relevant water and electricity companies also need to strictly follow the planning drawings during the installation process.”