On March 10, Kwai Peng Associated Press of Liwan District, Guangzhou issued an announcement. After qualification examination, Poly Development, R&F Property and China Merchants Shekou became the candidate cooperative enterprises for the old renovation project of Kwai Peng Village.
According to the information of Guangzhou Public Resources Trading Center, the total land area of the old village renovation project in Kuipeng Village is about 129.45 hectares, and the estimated total investment for renovation is about11billion yuan, including 8.9 billion yuan for renovation and resettlement.
Kuipeng Village is located on the west side of Huadi, close to Shiweitang (under construction), Huadiwan, Kengkou and Fangcun subway stations, and close to Vanke Guangxin Asset Package in the southeast, with a very advantageous geographical position. From the planning point of view, Kuipeng Village is adjacent to Baitiantang Business District and positioned as "Guangzhou West Coast Central Business District, and the headquarters economic belt along the river in the west wing of the central city".
Such a "toon" is actually Vanke's first to win the first prize.
In 2065438+2008, the old reform market in Guangzhou ushered in a turning point. In addition to strong policy support, various old reform related rules have been introduced one after another. Here, press the start button of the old renovation project in Kwai Peng Village. In June of the same year, Vanke became a cooperative enterprise in Kuipeng Village.
It is understood that on September 14, 2020, the survey results of the basic data of Kwai Peng Old Village Reconstruction Project have been reviewed and approved by the Liwan District Urban Renewal Leading Group Meeting, and have been published on the website of the Liwan District People's Government in Guangzhou.
Compared with other cities in Guangdong Province, such as Shenzhen and Dongguan, Guangzhou has a strict cost accounting model for the transformation of old villages. The basic data of old village reconstruction is organized by the government, and enterprises are not allowed to carry out basic data surveys on their own, as the basis for verifying the amount of reconstruction and resettlement and future regulation and adjustment.
On the premise of obtaining the basic data, the government department will verify the cost of old village reconstruction, which mainly includes the upfront cost, Jian 'an cost, temporary relocation cost, demolition cost, land transfer fee for financing plots, and municipal expenses.
Generally speaking, after the basic data is investigated and confirmed by the district government, the transformation of the old village will enter the stage of openly introducing cooperative enterprises, and Vanke, which has been interested in cooperation in the early stage, is likely to become the final cooperative enterprise in the transformation of the old village in Kuipeng Village.
Surprisingly, last year, on1October 20th, 165438+ Kwai Pun Union issued a Notice on the Progress of Old Village Renovation in Kwai Pun, pointing out that Vanke and its affiliated enterprises will no longer participate in the bidding for the open introduction of cooperative enterprises in the old village renovation project in Kwai Pun.
Regarding the reasons for Vanke's withdrawal, the above circular stated that on September 23, 2020, the Guangzhou Municipal Bureau of Planning and Natural Resources issued a new policy for the renovation of old villages. According to the latest policy, Guangzhou Vanke believes that the project cannot balance the reconstruction cost and financing.
The profit source of developers' old renovation mainly lies in obtaining land below the market price, that is, financing land. The size of financing land is determined by renovation cost and financing land price (construction area of financing land = renovation cost/floor land price of financing land). The financing land price is generally 70-80% of the market evaluation unit price (refer to the transaction price of land public transfer within half a year and the transaction price of new commercial housing around).
If the renovation cost approved by the government is lower than the enterprise's estimate, the area of financing land may be smaller than the enterprise's expectation, resulting in the inability of participating enterprises to calculate the accounts. In short, according to the latest cost accounting method in Guangzhou, Vanke feels that the project in Kwai Peng Village will lose money.
In addition to accounting problems, a local real estate developer in Guangzhou revealed to the interface news that Vanke's withdrawal from Kwai Peng Village may be related to their current focus on Guangxin's asset package.
According to the data of Ke Rui, there are not many old renovation projects of Vanke in Guangzhou at present. Only three projects, namely Wenchong Village, Shabu Village and Baiyun Tianxin Village, have been confirmed as cooperative enterprises, with a land area of 2.29 million square meters, ranking only 14 among the housing enterprises participating in the old renovation of Guangzhou.
Vanke's initial investment in Kuipeng Village is not a small sum. In this regard, Kui Peng jointly stated that Vanke will still cooperate with relevant pre-reform work as a cooperative enterprise before the formal cooperative enterprise is determined. After the formal selection of cooperative enterprises, the funds advanced by Vanke in the early stage will be paid to Vanke by the successful cooperative enterprises.
202 1 1 19, Guangzhou Public Resource Exchange Center announced that the old village reconstruction project of Kuipeng Joint-stock Cooperative Economic Association in Chajiao Street of Liwan District was openly introduced to cooperative enterprises, which meant that the old village project of Kuipeng Village was officially put on the net to attract investment.
The requirements for bidding enterprises are not low, not only A-share or Hong Kong-share (H-share) listed companies, but also enterprises or affiliated enterprises that are implementing the renovation of the old village in Liwan District and have not yet completed the compensation and resettlement work for the whole village, and do not accept the application of enterprise consortia for election.
In addition, the cooperative enterprise also needs to invest in and implement the environmental improvement and upgrading of at least one public school in Liwan District (the specific school is designated by the Liwan District Government), and this investment is not included in the renovation cost of the land renovation project.
The three real estate enterprises that finally passed the qualification examination are Poly Development, R&F Real Estate and China Merchants Shekou. It is reported that the voting meeting to introduce cooperative enterprises will be held on April 6, which is still unknown.
Poly Development is "Guangzhou's Old Renovation House" and Pazhou Village, the first enterprise-led village in Guangzhou. According to incomplete statistics of interface news, Poly Development participated in the 15 old renovation project in Guangzhou, including Xiancun Village in Tianhe, which is difficult to demolish, and Sandong Village in Huadu District, which has the second highest investment in Guangzhou.
R&F property is the largest number of housing enterprises that have signed contracts for old village reconstruction projects in Guangzhou, with more than 20 enterprises, including Yangji Village Urban Village Reconstruction Plot, Maogang Village Project, Luogangbi Village Plot and Zengcheng Jiancun Project. In 20 19, R&F Real Estate intensified the transformation of old districts and established R&F Urban Renewal Group. Last year, we won the old renovation project of Panyu Shibi Village that Poly tracked for many years.
As a local large-scale old-fashioned real estate enterprise in Guangzhou, in the fierce market competition, Poly Development and R&F Real Estate are either tit for tat or win-win cooperation. In June last year, they formed a consortium and successfully demolished Chisha Village, which is just across the river from Pazhou Convention and Exhibition Center.
Compared with Poly Development and R&F Property, Shekou, a veteran central enterprise, rarely appears in the old reform market in Guangzhou. If we can win the old renovation project of Kwai Peng Village this time, China Merchants Shekou will achieve a breakthrough in Guangzhou's old renovation.