Harbin announced the abolition of the property market restriction policy

On May 23, the general office of Harbin Municipal People’s government issued a notice on Abolishing the notice of the general office of Harbin Municipal People’s Government on Further Strengthening the regulation and control of the real estate market, which shall go into effect as of the date of promulgation.

Harbin housing and Urban Rural Development Bureau said that with the changes in the real estate market situation in Harbin, the notice on Further Strengthening the regulation of the real estate market issued in 2018 has completed its phased regulation mission. The continued implementation of regional sales restrictions will lead to the failure of some commercial houses purchased by sub buyers to be listed and traded, and inhibit the release of the demand for improved house purchase, It is not conducive to the needs of the development of the real estate market in Harbin. Therefore, according to the actual situation of the real estate market in Harbin, the notice on Further Strengthening the regulation and control of the real estate market will be abolished. After the abolition of the notice, the buyer shall complete the registration of the ownership of the real estate and obtain the real estate certificate for listing and trading

official interpretation

interpretation of “notice on Abolishing the notice of the general office of Harbin Municipal People’s Government on Further Strengthening the regulation and control of the real estate market”

In order to fully liberalize second-hand housing transactions, stimulate the vitality of the city’s real estate market, promote the linkage between primary and secondary real estate markets, and promote the destocking of completed commercial houses, the general office of the municipal government issued the notice on Abolishing the notice of the general office of the Harbin Municipal People’s government on Further Strengthening the regulation and control of the real estate market. The document is interpreted as follows:

I. background

In 2018, in the name of the general office of the municipal government, our city issued the notice on Further Strengthening the regulation and control of the real estate market (HA Zheng ban GUI [2018] No. 12) (hereinafter referred to as the notice), which includes strengthening land supply, implementing regional sales restriction policies, improving provident fund loan conditions, strictly implementing differentiated housing credit policies Strengthen the supervision of the real estate market and promote the regulation and control of the real estate market in our city. With the changes of the real estate market situation in our city, the notice has completed its phased regulation mission. The continued implementation of regional sales restrictions will lead to the failure of commercial houses purchased by some buyers to be listed and traded, inhibit the release of the demand for improved house purchase, and is not conducive to the needs of the development of the real estate market in our city. At the same time, other regulation policies stipulated in the notice will be implemented by the Municipal Bureau of housing and urban rural development, the Municipal Bureau of natural resources and planning Nine departments including the Municipal Finance Bureau jointly issued the notice on measures to promote the steady and healthy development of the real estate market and the construction industry (HA Zhu Jian Fa [2021] No. 267), which made adjustments. Therefore, according to the actual situation of the real estate market in our city, the notice was abolished. After the abolition of the notice, the buyer shall complete the registration of the ownership of the real estate and obtain the real estate certificate for listing and trading.

II. Policy making process

Based on the principles of law, prudence and strictness, the proposal to abolish the notice was reported to the municipal government for approval and publicized to the society on the municipal government website. All sectors of the society paid general attention to it and responded positively. Many buyers with sales restrictions called the Municipal Bureau of housing and urban rural development and the real estate registration and transaction affairs center in the hope that the policy would be issued as soon as possible.

III. main contents of the policy

The notice stipulates that the notice on Further Strengthening the regulation and control of the real estate market (HA Zheng ban GUI [2018] No. 12) issued by the general office of Harbin Municipal People’s Government shall be abolished.

IV. interpretation organization and contact information

Interpretation organization: Harbin housing and Urban Rural Development Bureau

Contact: 045187383360

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