On April 27, the Internet spread that Nanjing liberalized the purchase and loan restriction policies. In this regard, the staff of Nanjing housing security and real estate bureau (hereinafter referred to as “real estate bureau”) responded that they have not received the documents on the relaxation of loan and purchase restrictions.
For the news that the certificate of non registered residence for house purchase circulated on the Internet has been changed from the previous “personal income tax or social security certificate for 2 years accumulated in Nanjing within 3 years” to “social security for 6 months accumulated in Nanjing within 1 year”, the staff of the real estate bureau responded: “this is true, we have documents.”
Nanjing Real Estate Bureau response
According to the online news, the registered residence in Nanjing has been liberalized to buy three houses, including Pukou District, Jiangning District, Qixia District, Yuhuatai District, etc. In response, the staff member said: “the relaxation of loan restrictions is decided by the bank, and many people have consulted about the relaxation of purchase restrictions recently. Our suggestion is to log in to the ‘my Nanjing’ app or go to the site to print the house purchase certificate directly.”
Image source: Internet
The staff of the real estate bureau responded to the news spread on the Internet that the certificate of non registered residence household registration for house purchase had been changed from the previous “personal income tax or social security certificate for 2 years accumulated in Nanjing within 3 years” to “social security for 6 months accumulated in Nanjing within 1 year”. Families and individuals with non registered residence household registration are limited to one suite in the main urban area of Nanjing.
As for the relaxation of loan restrictions, the head of the personal loan department of several Industrial And Commercial Bank Of China Limited(601398) sub branches in Nanjing told the reporter of China Securities Journal that at present, ICBC has not received the notice of relaxation. At present, the first set of 30% down payment is implemented, the first set with loan records is 50% down payment, and the second set with loan records is 80% down payment.
The online broker of shell looking for real estate in Nanjing told the China Securities Journal: “our caliber for customers is to print the house purchase certificate in person. As for the loan restriction policy, we have not received the bank notice. At present, all the known banks still implement the existing loan restriction policy.”
in 4, nearly 60 cities have been “deregulated”
China Securities News reporter saw from the official app of shell house search that the detailed online and offline issuance process and location of house purchase certificate in Nanjing have been listed.
Image source: Shell House finding app
According to the latest purchase restriction policy of Nanjing listed by the intermediary, single persons with registered residence household registration are limited to one set in Nanjing (excluding Liuhe, Gaochun and Lishui) and up to two sets under the family name; The purchase of one set of non Nanjing registered residence in Nanjing (excluding Liuhe, Gaochun and Lishui) is limited. Nanjing registered residence in Liuhe, Gaochun and Lishui is not restricted; The purchase of one set of non Nanjing registered residence in Liuhe and Gaochun is limited, and the purchase of talent houses in Lishui is not limited.
Image source: Shell House finding app
In this regard, the above-mentioned broker of shell looking for a house told the China Securities Journal: “when we market to customers, we will let customers print the house purchase certificate themselves. We can’t judge them in advance.”
According to the data of the National Bureau of statistics, in March 2022, the sales price of new commercial houses in Nanjing increased by 0.2% month on month and 3.6% year-on-year. The sales price of second-hand houses decreased by 0.1% month on month and increased by 0.3% year-on-year. The sales price of new commercial housing in second tier cities increased by 1.6% year-on-year, down 0.5 percentage points from the previous month; Second hand housing fell 0.2% year-on-year, up 0.3% from the previous month.
From the above data, the year-on-year increase in the sales price of new commercial houses and second-hand houses in Nanjing in March exceeded the overall level of second tier cities.
In this regard, Zhang Dawei, chief analyst of Zhongyuan Real estate, told the China Securities Journal that since April, nearly 60 cities have “loosened” the regulation of the property market, more than the total number of cities regulated from January to March. Subsequently, it is expected that the policy of stabilizing the property market will continue to increase.
