The transfer tax for a second-hand house is approximately 8% of the declared tax price (seller: personal income tax 1% (exemption for property certificates older than 5 years), business tax 5.5% (exemption for property certificates older than 5 years), buyer: deed tax 1.5% , other transfer taxes and fees are about several hundred, and the above tax points are calculated based on ordinary residences less than 144 square meters).

The tax price is determined by you yourself. The Housing Authority's computer system has a minimum assessed value for each local area. If your declared tax price is higher than the assessed value, tax will be calculated based on your price. If it is lower than that, it will be calculated based on the system’s evaluation price. The people who know the most about the appraisal price are the local real estate agents in the same area. Because they often go to the property owner and know the minimum price they can quote to pass, it is recommended that you go to the agent to find out more.

Based on 360,000 yuan, the transfer tax is about 30,000 yuan.

Note that the above does not include bank loan fees, real estate agency fees, new house occupancy fees and maintenance funds.