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Ministry of the Interior: the rise of the national urban land price index by 1.49% slows down obviously.

Published: 2024-11-08 Author: mysheen
Last Updated: 2024/11/08, On the 15th, the Ministry of the Interior released the 45th urban land price index, the national urban land price index rose 1.49%, the lowest since 1999 (nearly 12), the increase obviously slowed down; the largest increase in the municipalities and counties (cities) is the rise of Ilan County.

Ministry of the Interior: the rise of the national urban land price index by 1.49% slows down obviously.

The Ministry of the Interior released the 45th urban land price index on the 15th. The national urban land price index rose 1.49 percent, the lowest since 1999 (nearly 12 periods), and the increase slowed obviously. Among the municipalities and counties (cities) directly under the Central Government, Ilan County rose 5.25 percent, while Tainan City rose 2.69 percent, the largest increase.

The 45th issue of "Urban Land Price Index" published by the Ministry of the Interior shows that the total index of urban land price in China from April 1 to September 30, 104 is 119.28 (based on March 31, 102), with an increase of 1.49%. Compared with the previous (44) period (2.14%) and the same (43) period (4.25%) last year, the increase slowed down significantly. In addition, the increase of all municipalities and counties (cities) also showed a slowing trend, with only five counties and cities of Yilan County, Taitung County, Chiayi City, Jinmen County and Lianjiang County increasing by more than 3%, while the land price index of other municipalities and counties (cities) increased by a limited amount.

Among the counties and cities with a large increase, Yilan County rose 5.25%, the largest increase. The Yilan county government said that due to the convenient transportation network of No. 5 National Highway and its surrounding areas, the recreation and leisure industry in the county is active, and people from various tourist attractions and major business circles gather, leading to business opportunities and stable development of land prices. Coupled with the collection of the planned section of the Luodong bamboo forest for public auction in September 104, the specific special area of the biomedical industry in Ilan and the urban land rezoning in the Beijin area of Ilan, the bid removal rate reached 100%, and with the continuous injection of private funds, land prices continued to rise.

Among the municipalities directly under the Central Government, Tainan City rose 2.69%, the largest increase. The Tainan municipal government said that due to the active promotion of transportation construction in recent years, such as the opening of the northbound gate of the Dawan Exchange Road at National Highway 1, it will have direct access to the Tainan Railway Station, and at the same time, the tourism industry will be active, driving up land prices. In addition, according to the observation of the number of land transactions, the number of land transactions in the current period was 260000 3994, a decrease of 8.21% compared with 287,597 in the previous period, and a decrease of 19.63% compared with 328,462 in the same period last year.

 
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