Working on Sundays is really heavy!
Early in the morning, Chengdu issued a new policy for the property market: from April 29, the city's commercial housing projects will no longer implement notarized lottery selection, and enterprises will sell them independently.
Housing transactions in the city will no longer review the qualifications for house purchases!
As we all know, Chengdu's property market is among the top in the country, and the lottery popularity is not lost to Shanghai.
Many small partners said: "It has a great impact, a very good thing!", "Leave it to the market", "Market price market-based sales"......
Let's take a look at the original policy:
Notice of the Office of the Leading Group for the Steady and Healthy Development of the Real Estate Market in Chengdu on Further Optimizing the Policies and Measures for the Steady and Healthy Development of the Real Estate Market
Completed Housing Consulate [2024] No. 4
All relevant units:
In order to conscientiously implement the decisions and arrangements of the Party Central Committee and the State Council, earnestly implement the main responsibilities of the city, adapt to the development trend of new urbanization and changes in the supply and demand relationship of the real estate market, accelerate the construction of a new model of real estate development, better meet the diversified housing needs of the masses, and promote the steady and healthy development of the city's real estate market, the relevant matters are hereby notified as follows.
First, the system promotes the balance of supply and demand
(1) Scientifically and accurately prepare housing development plans and annual plans, improve the "market + security" housing supply system, comprehensively promote the establishment of a new linkage mechanism of "people, housing, land and money", and strive to build a new model of real estate development.
(2) Deepen the implementation of the "red, orange, green" three-color management of the supply of commercial construction land, and appropriately reduce the supply of land in areas with a high supply-to-market ratio of residential and commercial service land.
(3) Encourage market entities to rebuild their own idle and inefficient commercial office and other non-residential stock houses into affordable rental housing in accordance with relevant requirements, and encourage municipal, district (city) and county state-owned enterprises to rent and purchase idle commercial office space for office, public service and industrial use, and promote a virtuous cycle of the commercial office housing market.
2. Optimize services to stimulate vitality
(4) The city's commercial housing projects will no longer implement notarized lottery selection, and will be sold by enterprises independently. For hot projects with a high degree of social concern, enterprises are encouraged to adopt notarization lottery for house selection.
(5) Promote the deepening and practical coordination mechanism of urban real estate financing, and meet the reasonable financing needs of real estate enterprises of different ownership systems without discrimination.
(6) Support the simultaneous sales of parking spaces and residences, and reasonably set up the planning ratio of parking spaces for newly transferred residential land.
3. Meet reasonable housing needs
(7) Housing transactions within the city will no longer review the qualifications for house purchases.
(8) Promote the use of the first overhead layer for public service space, increase the proportion of semi-open space such as residential balconies, promote the development of low-density and high-quality residential products in suburbs (cities) and counties, and further increase the supply of high-quality housing.
This notice will come into force on April 29, 2024. In the event of any inconsistency between the previous policy provisions and this notice, this notice shall prevail.
Chengdu's real estate market is developing steadily and healthily
Office of the Leading Group (Acting Chapter)
April 28, 2024
Q&A on the Notice on Further Optimizing Policies and Measures for the Steady and Healthy Development of the Real Estate Market
1. What is the background of the policy?
In order to adapt to the new situation of major changes in the relationship between supply and demand in the real estate market, implement the main responsibility of the city, make good use of the policy toolbox according to the city's policies, adjust and optimize the real estate policy, better meet the needs of residents for rigid and improved housing, and promote the steady and healthy development of the real estate market, the city has researched, formulated and issued the "Notice on Further Optimizing the Policies and Measures for the Stable and Healthy Development of the Real Estate Market" based on reality.
2. What measures are in place to promote the balance between supply and demand?
The first is to coordinate and promote the construction of the "market + security" housing supply system, comprehensively promote the establishment of a new mechanism of "people, housing, land and money", determine housing demand according to population changes, scientifically arrange land supply according to housing demand, guide the allocation of financial resources, realize the determination of housing by people, land by housing, and money by housing, accurately study and judge housing demand, scientifically and accurately compile annual plans for housing development in 2024 and 2025, and accelerate the construction of a new model of real estate development.
The second is to deepen the implementation of the "red, orange, green" three-color management mechanism for the supply of operational construction land, and appropriately reduce the supply of land for the "red" and "orange" areas with large stock scale and long housing sales cycle, so as to promote the balance of regional supply and demand.
The third is to promote a virtuous cycle in the commercial office housing market, encourage municipal and district state-owned enterprises to rent and purchase idle commercial office buildings for office, public service and industrial use, and encourage market entities to transform their own idle and inefficient commercial office and other non-residential stock houses into affordable rental housing.
3. What are the support policies for market entities to reconstruct and operate affordable rental housing, and how to apply for them?
Each market entity may apply to the housing and urban-rural development department where the project is located, and issue a "Determination of Affordable Rental Housing Project" after being recognized by the local leading group for affordable rental housing. The applicant can enjoy the following support policies with the certificate:
First, during the period of affordable rental housing, the nature of land use will not be changed, and the land price will not be paid.
The second is to implement tax incentives for affordable rental housing projects in accordance with the provisions of the "Announcement on Improving the Tax Policies Related to Housing Leasing" (Announcement No. 24 of 2021 of the Ministry of Finance, the State Administration of Taxation and the Ministry of Housing and Urban-Rural Development).
Third, affordable rental housing projects are exempted from urban infrastructure supporting fees.
Fourth, support banking financial institutions to provide long-term low-interest loans to various market entities that develop affordable rental housing in a market-oriented manner.
Fifth, support the construction and operation of affordable rental housing enterprises to apply for financing through the issuance of real estate investment trusts (REITs).
Sixth, the prices of water, electricity and gas for affordable rental housing shall be implemented in accordance with the standards of residents.
Seventh, you can apply for special fund support for investment in the central budget in accordance with the relevant requirements of the Notice of the National Development and Reform Commission on Printing and Distributing the Interim Measures for the Special Management of Investment in the Central Budget for Affordable Rental Housing (Fagai Investment Gui [2021] No. 696).
4. What measures are in place to support the demand for real estate financing?
Conscientiously implement the Notice of the Ministry of Housing and Urban-Rural Development and the State Administration of Financial Supervision on the Establishment of an Urban Real Estate Financing Coordination Mechanism (Jianfang [2024] No. 2) and the requirements of relevant meetings of the Ministry of Housing and Urban-Rural Development, establish a "white list" system for the real estate financing coordination mechanism, more accurately support the reasonable financing needs of real estate projects, accelerate the implementation of the urban real estate financing coordination mechanism, and promote the projects of compliant enterprises to "push as much as possible", "make every effort that should be made" and "be fully loaned" to support the construction and delivery of real estate projects and protect the legitimate rights and interests of home buyers.
5. Why do you support the simultaneous sales of parking spaces and residences?
Supporting the simultaneous sales of the corresponding underground motor vehicle parking spaces during the pre-sale (current sale) of commercial housing is conducive to further facilitating the sales management of motor vehicle parking spaces for residential projects, and can better meet the needs of buyers for synchronous purchase of motor vehicle parking spaces when purchasing commercial housing.
6. How to understand that the city's commercial housing projects can no longer implement notarization lottery, and encourage enterprises to notarize lottery numbers for projects with a high degree of attention?
On the one hand, it can improve the convenience of the masses to buy a house, and no longer need a prequalification code for house purchase, and on the other hand, it can improve the efficiency of commercial housing sales and shorten the time period from the project to obtain the pre-sale license to the buyer's online signature for the record.
At the same time, for hot projects with high market attention, in order to ensure the fairness, impartiality and openness of the sales process, after the research and judgment of the local government, enterprises are encouraged to use the public lottery method with the participation of notary institutions throughout the process to sell, and the violations of laws and regulations in the sales process will be resolutely and seriously investigated and dealt with.
7. How to adjust the city's housing purchase restriction policy?
Housing transactions in the city will no longer review household registration, social security and other housing purchase conditions, and the number of units purchased will no longer be restricted.
8. What measures are in place to increase the supply of high-quality housing?
In order to adapt to the new situation of major changes in the relationship between real estate supply and demand and the new stage of housing transformation from "whether there is" to "whether it is good or not", to meet the people's demand for high-quality housing, we will strive to increase public service space, comprehensively promote the first overhead layer, increase the proportion of residential semi-open space and half capacity, encourage green, low-carbon, and high-tech buildings, and promote the development of low-density, high-quality residential products in suburbs (cities) and counties, so as to effectively enhance the people's sense of gain and happiness.