Details of the pre-sale of housing meters in the stock market – Tejaratnews

According to Tejarat News, the vice president of market development and economic studies of the Iran Commodity Exchange said: One of the advantages of the pre-sale of housing meters is the high liquidity of these bonds, because a market operator is present in these transactions and always buys the bonds offered by investors.

In explaining how these bonds work, Mohammad Hossein Rahmati said: Housing builders can provide part of the capital they need to complete the project and deliver it to the people by issuing parallel housing bonds in the commodity exchange to build or complete a construction project. Therefore, people pre-purchase the units of the project by buying housing mortgage bonds and they can keep the bonds until the maturity and delivery of the property or sell their bonds in the secondary market at the current price.

Rahmati continued: In the simplest form of investment in the pre-sale housing meter market, for example, the buyer buys one meter of housing, which at the time of supply, the delivery date of that property is two years and the smallest size of each unit is 50 meters. If that buyer intends to own a house, he must increase the amount of his papers to the number of 50 one-meter sheets by the two-year deadline. However, if he does not intend to take delivery of the house and has only entered into these transactions with the intention of investing in the housing market, he can sell the bonds and settle in cash at any time during these two years.

According to the vice president of market development and economic studies of the Iran Commodity Exchange, the condition for people to own a house in this financial tool is to bring the number of mortgage bonds to the minimum size of the built units.

He added: The price of mortgage bonds also fluctuates in the secondary market based on the prices of the housing market, and people who intend to invest in this market can enter this market with small capitals and in the form of metered purchases.

Rahmati further pointed out the difference in the price of units in a project and said: naturally, in a project, the size and conditions of all units are not the same, for example, the units located on the upper floors of a building have a higher price than the units on the lower floors, and even the conditions Another can also affect the price of units; For this purpose, for example, the first floor unit is considered as the base bond, and it is mentioned in the prospectus that the 15th floor unit is worth one and a half times the base bond.

He continued: According to the information included in the prospectus of that project, in order to receive a 100-meter unit on the 15th floor, the customer must have 150 bonds instead of 100 bonds, and on this basis, the differences in different floors with the amount of bonds is covered. The vice president of market development and economic studies of the Iran Commodity Exchange emphasized that all conditions and price details for all units of a project are clearly presented in the prospectus and investors should read these clauses completely before buying.

He added: Considering that there is a definite date of delivery from the builder to the buyer in the housing mortgage bonds, it is suggested that the projects that have an acceptable progress and the builder is confident of delivery at the desired time should be selected for the release of bonds. The important issue in the process of these transactions, like other transactions of the commodity exchange, is to obtain the necessary guarantees from the supplier in order to fulfill the obligations, and therefore buyers can enter the housing market with confidence.

In the end, the vice president of market development and economic studies of the Iran Commodity Exchange said: The amendment of the guidelines for mortgage bonds transactions is in the final stage, and soon with the approval of the stock exchange organization, conditions will be provided for the start of these transactions. Also, so far, two investment companies in the field of housing have submitted their documents for the issuance of bonds, and it seems that the attractive pre-sale tool of housing meters should be unveiled in the commodity exchange hall. (Reporters’ Club)

Setting up the sale of housing meters as a priority for the activities of the stock exchange organization

According to the statements made by the CEO of the Tehran Renewal Organization, “Amir Mehdi Sabaei”, the director of stock market supervision of the Securities and Exchange Organization, recently in a conversation with IRNA’s economic reporter, he pointed out the latest details of the sale of housing meters in the commodity exchange and said Was: Due to the importance of selling mortgages (mortgage bonds) and the capacities available in these bonds, the necessary measures have been taken to launch these bonds, and now this matter has been prioritized by the head of the Securities and Exchange Organization. Is.

Declaring that the launch of real estate bond transactions in the Commodity Exchange requires the amendment of the “Executive Manual of Standard Default Transactions in the Iran Commodity Exchange”, he said: In this context, in order to amend the regulations mentioned in the organization’s regulations drafting committee, the issue in terms of jurisprudence is in the committee. The jurisprudence of the stock exchange organization was presented and finalized.

Sabaei stated: Following the approval made by the Organization’s Jurisprudence Committee, the necessary amendments to the aforementioned instructions are currently being made in the Regulations Drafting Committee, and according to the estimates, it seems that this action will be completed by the end of August at the latest.

According to the director of stock exchange supervision of the Stock Exchange and Securities Organization, based on the predictions made, it seems that the aforementioned amendments will be approved by the Board of Directors of the Stock Exchange Organization and will be notified for implementation.

He announced that after the approval and notification of the mentioned regulations, the necessary conditions and platform will be provided for the activists in the field of housing and pre-sale and financing will be done in this field.

Sabaei stated: The housing market has traditionally been an attractive market for people and investors, and through this tool, people can buy housing bonds even with small capitals and cover their capital against fluctuations caused by inflation in the housing sector. .

The spokesperson of the Securities and Exchange Organization announced at the end: People can buy these bonds at the daily price and if they have a certain number of these bonds at the time of maturity (as much as one residential unit), it is possible to convert them. to the residential unit and take delivery of their housing.