Huaibei City, Anhui Province recently issued a property market policy, which specifies that during the spring real estate exhibition in 2022 (from April 30 to May 4, 2022), local and foreign residents or enterprises who buy houses in the urban area of Huaibei City will enjoy financial incentives, credit support from financial institutions and subsidies for development enterprisesP align = "center" enjoy multiple subsidies
The official website of Huaibei housing and Urban Rural Development Bureau shows that recently, Huaibei housing and Urban Rural Development Bureau, Huaibei Finance Bureau, Huaibei central sub branch of the people's Bank of China and Huaibei bank insurance regulatory branch jointly issued the opinions on the implementation of preferential policies for house purchase in Huaibei City.
The opinions clearly states that during the spring housing exhibition in 2022 (from April 30 to May 4, 2022), individuals or families who buy the family's first new commercial housing will be rewarded with 600 yuan / m2 (up to 60000 yuan). If the family purchases the first set of newly-built commercial housing, it will be rewarded with 400 yuan / square meter (up to 40000 yuan). Individuals, families or enterprises who purchase new non residential commercial houses will be rewarded with 150 yuan / m2 (up to 30000 yuan).
In terms of credit support of financial institutions, financial institutions provide sufficient credit lines to give priority to meeting the mortgage loan needs of buyers during the housing exhibition. The materials are complete and meet the loan conditions. Generally, loans can be made within 5 working days. Reduce the borrower's capital cost and reduce the down payment ratio to 20% during the real estate exhibition. In terms of subsidies for real estate development enterprises, on the voluntary basis of real estate development enterprises, provide a 3% - 5% discount on the total house price for individuals or families who buy new commercial houses. The real estate development enterprises, projects and preferential information participating in the exhibition are published on the website of Huaibei housing and Urban Rural Development Bureau.
Huaibei housing and Urban Rural Development Bureau specially pointed out that this implementation opinion is only valid during the spring housing exhibition in 2022. Individuals or families enjoying preferential policies must purchase newly-built commercial housing and newly-built non residential commercial housing developed by real estate development enterprises participating in the 2022 spring housing exhibition and issued invoices for selling real estate. Individual or family purchase, family members include buyers, spouses and minor children. Real estate development enterprises who purchase non residential commercial houses developed by their own enterprises do not enjoy the preferential policies of the implementation opinionsP align = "center" since this year, more than 70 cities have issued property market regulation policies
According to the statistics of Zhongyuan Real Estate Research Institute, since 2022, more than 70 cities have "loosened" the regulation and control policies of the real estate market. The regulatory policies involved mainly focus on the release of subsidized house purchase policy, loose policy of provident fund, relaxation of settlement restrictions, reduction of down payment ratio, relaxation of sales restriction policy, reduction of loan interest rate, relaxation of purchase restriction policy, etc.
In terms of provident fund policy regulation, nearly 20 cities, including Fuzhou, Zhuzhou, Beihai, Ziyang and Tianjin, issued provident fund policies. The main contents include: increasing the loan amount of provident fund, reducing the loan proportion, moving forward the withdrawal time, parents can withdraw housing provident fund to support their children's house purchase, etc.
Recently, Nanping City, Fujian Province issued a document to adjust the partial use policy of housing provident fund. The policy is clear that the individual accounts of husband and wife who cancel the purchase of housing provident fund loans shall retain the collection amount in the last 12 months. The down payment ratio of individual housing loans for the second use of housing provident fund for the purchase of new ordinary commercial housing was reduced from 40% to 30%.
Some cities have "loosened" the pricing of limited price residential projects in their regions.
Taking Dongguan as an example, the Dongguan Municipal Bureau of housing and urban rural development recently issued a document to encourage projects to combine reality, independently improve quality construction standards, and promote residential projects to gradually realize "high quality and good price". On the basis of meeting the basic quality indicators, grade constraints are proposed for new commercial housing projects. For projects that improve the quality construction standards, the construction cost increased according to the corresponding content of improving the quality indicators shall be appropriately increased on the basis of the guidance price (limit price).
The end of April, Nanjing, Suzhou, Shanghai and other Yangtze River Delta core city base note has adjusted the property market policy, strengthen the expected management, and boost the confidence of the property market. There is still room for further deregulation of the suburban sector of hot cities in the follow-up.
