Shenzhen's first golf course land reclamation finally broke through, raising public attention to the future of the course and the 70 villas. However, on October 11, the "Daily Economic News" reporter visited the site and found that the course has not been greatly affected by the closure announcement, and many citizens still come to play golf. So, how is the recovery of the stadium going? How will the residents of the villa area be compensated? Let's explore it together. First, let's review the history of Shenzhen golf courses. Shenzhen Golf Club was officially opened in November 1985 and is the first golf course in Shenzhen. The stadium covers an area of 1.36 million square meters and is located in the Futian CBD, close to Riverside Avenue and Shennan Avenue. The parcel number of the course is B115-0038 and the service life is 30 years. However, according to the Shenzhen Municipal Planning and Land Resources Commission in January 2019, the land use rights of the stadium were cancelled in accordance with the law four years ago. This means that the use of the stadium expired as early as 2015, but only now has there been a breakthrough in the repossession work. Although the right to use the course has been cancelled, the Shenzhen golf course continues to operate normally.
During a field visit on October 11, the reporter of the "Daily Economic News" found that the course was not greatly affected by the closure announcement, and there were still citizens who came to play golf. The on-site staff revealed that many people came to play every day at the stadium, and the parking spaces were also occupied. There are also newly opened merchants in the driving range area, and their flower baskets are still on the doorstep. This shows that the operation of the stadium is still very active, and there may be some difficulties for the recovery of the stadium. At the same time, the public is also concerned about the whereabouts of the 70 villas and the issue of compensation. Although the closure announcement does not mention these villas, the northeast corner of the stadium is the villa area, full of three- and four-story single-family villas and "member villa" signs. Stadium staff shuttled through the villa area, and life did not seem to be affected. So, there is a general public desire to know where these villas are going and whether residents will be properly compensated. Regarding the recovery of the Shenzhen golf course and the whereabouts of the 70 villas, the relevant departments should give a clear answer as soon as possible. First of all, the right to use the stadium expired in 2015, and the use after that should be legally resolved.
Secondly, for residents in the villa area, they should be given appropriate compensation to ensure their legitimate rights and interests. Finally, the relevant departments should strengthen the management and supervision of the stadium to ensure that the operation of the stadium complies with relevant regulations. All in all, a breakthrough has been made in the recovery of the Shenzhen golf course, but the course is still operating normally. Public concerns were expressed about the progress of the stadium's repossession and the whereabouts and compensation of the 70 villas. The relevant departments should give a clear answer in a timely manner to ensure that the recovery of the stadium can proceed smoothly and protect the rights and interests of the residents of the villa area. We expect the relevant authorities to properly address this issue and strengthen the management and supervision of golf courses. In your opinion, how should the recovery of Shenzhen golf courses be carried out? What are your thoughts on the issue of compensation for residents of the villa area? Welcome to leave a message to participate in the discussion. The Shenzhen Golf Club's driving range is set to close in November, and merchants say they don't know if they will be compensated. According to reports, the driving range will be moved to a place about a 10-minute drive from the Nanshan Shahe River. Although some merchants said that they would be closed directly after the closure, the villa area and the stadium were not affected.
However, some villa residents say they have been struggling for years to get title deeds and want to dispose of their homes in accordance with the relevant regulations. At the same time, there is some unclear information about the operation of the driving range. There are reports that another company, called Shenzhen Wen Xin Sports Development Co., Ltd., is involved, but the details remain unclear. This series of events has raised concerns about the future operation of Shenzhen Golf Club and the protection of the rights and interests of member villas. The Shenzhen Golf Club's driving range is set to close in November, and merchants say they don't know if they will be compensated. Some merchants told reporters that they already knew the news that the driving range would be closed in November, and would move to Nanshan Shahe, about 10 minutes' drive away. As for whether the closure of the business will be compensated or compensated, the staff member said that it is not convenient to disclose. However, some merchant staff told reporters that they closed the camp directly after the closure. According to the Shenzhen Municipal Planning and Land Resources Commission, Shenzhen High is jointly invested and built by Shenzhen Special Economic Zone Development (Group) Company and Hong Kong Hualian Industrial Company, and is currently managed by Tefa Shengao Club Management Co., Ltd. for daily golf booking and stadium operation.
The stadium and villa area are not affected for the time being. However, according to the Southern Metropolis Daily, residents of the villa area of the Shenzhen Golf Club course said they spent 8 million to 10 million Hong Kong dollars to buy a house and have been campaigning for property rights for more than 10 years. The residents demanded that the houses in the villa area be treated according to document No. 94, hoping to obtain the real estate certificate and land certificate through legal channels. According to a membership agreement provided by a villa resident to Southern Metropolis Daily, of the HK$8 million paid by the resident, 70% of it is the membership fee and 30% is the security deposit, the gold card member obtains the right to use a villa, the gold card member can inherit and transfer, and the villa cannot be used for commercial purposes. Regarding the future operation of the stadium, every reporter called the staff of the marketing department of Tefa Shengao Club Management Co., Ltd., and the staff introduced to the reporter. This time it was a driving range, which had nothing to do with the stadium where we actually played. They are another company and the villa area is also completely unaffected, which is in two directions. At the same time, there is some unclear information about the operation of the driving range. There are reports that another company, called Shenzhen Wen Xin Sports Development Co., Ltd., is involved, but the details remain unclear.
Qixinbao inquired that the company was established in January 2015, and its registered address is No. 04, Shenzhen Golf Club Driving Range Shop, No. 6003, Shennan Avenue, Shatou Street, Futian District, Shenzhen. Through equity penetration, it was learned that its legal agent and 100% shareholder Chen Wenxin also served as a director of Shenzhen Golf Club Co., Ltd. Overall, the closure of the Shenzhen Golf Club driving range has raised the issue of merchant compensation and compensation, as well as the concerns of residents in the villa area about property certificates. Although there are reports that the pitch and villa area will not be affected, there is some unclear information about the operation of the driving range. The incident raised concerns about the future operation of Shenzhen Golf Club and the protection of members' rights and interests. In response to this problem, Shenzhen Golf Club should take the initiative to communicate with the merchant and give reasonable compensation measures to alleviate the loss and anxiety of the merchant. For residents in the villa area, Shenzhen Golf Club should actively deal with property rights issues to ensure that the legitimate rights and interests of residents are not harmed. At the same time, in the future operation of Shenzhen Golf Club, it is necessary to improve transparency, clarify the management responsibilities of the driving range and course, and effectively communicate with relevant companies to protect the rights and interests of members.
Finally, this incident sparked a discussion on the operation of golf clubs and the protection of members' rights. In modern society, protecting consumer rights and providing quality services has become a key factor for the survival of enterprises. Therefore, Shenzhen Golf Club needs to take the legitimate rights and interests of its members seriously and actively take measures to solve the problem. It is believed that how to protect the rights and interests of members and how to provide a better service experience is an important issue that golf clubs need to consider. What is your opinion on this? The nature of the land at the Shenzhen golf course caused controversy, and the relevant authorities said that the villas supporting the golf course could not be bought and sold. However, the value of this land is very high, and the surrounding mansions are frequently displayed. According to the inquiry intermediary platform, the price of new houses around Shenzhen Golf Club is about 125,000-150,000 yuan / square meter, which is one of the top areas in Shenzhen's luxury residential circle. Although there is no precise valuation data, this can be seen in the auction prices of adjacent plots and the high prices of new homes in the surrounding areas. This makes one wonder, how precious is the land of this golf course?
First of all, the relevant person in charge of the Futian Management Bureau of the Shenzhen Municipal Land Planning Commission made it clear that the Shenzhen Golf Club course and its supporting facilities are administratively allocated land, not commercial in nature, and cannot be bought or sold. This means that the buildings and supporting villas on the course cannot be traded in the form of commodities. However, this does not prevent people from guessing and estimating the value of this land. Luxury homes around the Shenzhen Golf Club are reportedly expensive. The price of new housing is about 125,000-150,000 yuan / square meter, which belongs to the top level of housing prices in Shenzhen. This shows that the geographical location of this plot is very advantageous and highly recognized by the market. Although there is no accurate data on the land valuation of Shenzhen Golf Course, it can be speculated that the value of this land should be very high from the transaction price of the surrounding land plots and the high price sales of new houses. For example, at the end of 2020, Shenzhen publicly sold a second-class residential land located in the north district of Xiangmi Lake, with an area of only 3,084 square meters, less than 1/450 of the area of the Shenzhen golf course. However, in the end, the land was won by the Talent Settlement Group at the highest restricted land price of 246 million yuan + 4,000 square meters.
This shows that even small land is still invaluable as long as it is well located. In addition to the value of the land itself, the frequent appearance of mansions around the Shenzhen golf course further proves the preciousness of this land. In the years of the adjustment of Shenzhen's property market, the few Internet celebrity plates in Futian District that were sold out at the opening were mostly located in this area. For example, in November 2020, Tianjian Tianjiao Beilu opened, and the first batch of 207 houses were sold out, with a unit price of 90,000-137,000 yuan / square meter, and a total price of 7.5 million to 28.81 million yuan / set. Similarly, in November 2021, all 181 houses opened in Area B of Hyde Park were sold out, with a filing price range of 114,600-144,100 yuan per square meter. In May 2022, the average price of 239 residential units opened in Area A of Hyde Park was about 126,000 yuan / square meter, which also sold out quickly. The high price sales of these luxury homes once again demonstrate the great potential and attractiveness of the plot where the golf course is located in Shenzhen. In summary, although the land of Shenzhen Golf Course is defined as non-commercial in nature and cannot be bought and sold, the frequent appearance of luxury houses around it and the high price of the adjacent land plot indicate the preciousness and potential value of this land.
In Shenzhen, a city with high housing prices, this land is undoubtedly a valuable resource. With the development of Shenzhen and urban renewal, the value of this land is expected to further increase, bringing greater challenges to the relevant departments in compensating legal buildings and dealing with illegal construction. Then, how to balance the relationship between land protection and urban development, and how to reasonably compensate the owners of relevant buildings, requires in-depth thinking and solutions from relevant departments. At the same time, how to better exert its economic and social benefits for the future planning and utilization of this land is also an issue that needs to be carefully considered. For these problems, we expect the relevant departments to come up with reasonable and effective solutions and ensure fair and just handling results. Let's focus on this problem together and discuss the best solution together. Shenzhen Golf Courses: City Park or Villa Resort? The 1.36 million square meters of Shengao Stadium in the CBD of Futian District has been attracting attention. A number of CPPCC members have jointly proposed that the Shenzhen Golf Club course should be recovered after the expiration of its operation period and planned as urban park and high-tech industrial land. Since 2018, the land acquisition work of Shenzhen Golf Club has been carried out in an orderly manner.
The land will be recovered free of charge and will be included in the planning of the Xiangmi Lake area in the future. Above-ground buildings and structures of Shenzhen Golf Course B115-0038 will be appropriately compensated. Due to the complex historical background, special geographical location, and the importance of the plot, it is very interesting to see how the future planning of Shenzhen golf courses will be carried out. In the current market environment, renovation rather than demolition and construction is advocated. Even if the parcel is used for public facilities such as city parks, there may be multiple possibilities for villas, such as as holiday homes. Therefore, there are still many possibilities for the future development direction of this plot. For the acquisition of Shenzhen golf courses, Song Ding, a researcher at the China Comprehensive Development Research Institute, a market research institute, said that the location of Shenzhen golf courses is very important, so the potential for development is also very large. However, due to historical constraints and increased environmental awareness, large-scale demolition is not feasible. Retrofits are more likely, such as building efficient utilities or building small villas. It is worth mentioning that the Futian area has been attracting attention in the real estate market. In June 2022, Futian Gangxia Tianyuan Garden opened, and 313-330 square meters of properties were sold out.
Futian rarely has land for sale, so the future planning of Shenzhen Golf Course has attracted much attention. Overall, the acquisition of Shenzhen golf courses is a high-profile thing. Due to the importance of the plot, future planning directions are varied and have not yet been determined. However, what is certain is that the future development of the plot is bound to be in the spotlight.