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After being interviewed by the Ministry of Housing and Urban-Rural Development, Zhejiang Jinhua’s ten new policies regulate the property market: 3-year sales restriction on buying a house

After being named for an interview by the Ministry of Housing and Urban-Rural Development, Jinhua City, Zhejiang Province introduced a new policy to regulate the property market.

Late at night on August 2, the Housing and Urban-Rural Development Bureau of Jinhua City, Zhejiang Province issued the "Notice on Further Promoting the Stable and Healthy Development of the City's Real Estate Market", becoming the first city to introduce property market regulations after interviews with the Ministry of Housing and Urban-Rural Development. .

The "Notice" clearly implements restrictions on the sale of residential properties, implements notarized lottery sales, and requires strengthening supervision of second-hand housing prices, strengthening financial supervision, strict management of name changes, and implementation of subject responsibilities.

The "Notice" points out that all newly-built commercial housing and second-hand housing purchased in the urban area of ??Jinhua (Wucheng District, Jinyi New District , and the entire Jinhua Economic and Technological Development Zone, the same below) will be It can be listed and traded three years after obtaining the "Real Estate Certificate". The time for obtaining the "Real Estate Certificate" shall be based on the time when the "Real Estate Certificate" is issued.

In accordance with the requirements of the new policy, the online signing of the real estate sales contract has not been completed before the date of this policy, but the real estate sales intermediary contract or house purchase agreement (subscription letter) has been signed, and the date of August 2, 2021 can be provided Valid vouchers for transfers from banks, Alipay, WeChat, etc. for house purchase deposits and part or all of the house payment (excluding cash payments) paid before 24:00 will still be subject to the original policy.

In terms of the implementation of notarized lottery, the "Notice" mentioned that for commercial residential projects in Jinhua urban area with limited housing prices and new listings where the number of registered buyers' intention is greater than the number of houses approved for sale in the current period

At the same time, the "Notice" mentioned that the dynamic monitoring of second-hand residential listing prices will be strengthened and listings with obviously abnormal listing prices will be removed from the shelves in a timely manner. Launch a pilot project to publish reference prices for second-hand housing transactions in hotspot areas in Jinhua City, and promote them in a timely manner to implement the application of transaction reference prices in financial credit and other aspects.

In terms of strengthening financial supervision, Jinhua City has made it clear that it will increase the concentration management of real estate loans, strictly examine the sources of down payment funds for home purchases, and strictly investigate and punish illegal home purchases with credit funds such as consumer loans and operating loans.

The "Notice" also mentioned that after the online signing and filing of the contract for commercial housing, except for the addition or deletion of names between parents, spouses, and children, other names will not be changed.

In terms of strengthening market supervision, the "Notice" clarifies that the sales management of real estate development enterprises will be strengthened, and behaviors such as publishing false advertisements, illegal charging, and holding back on sales will be severely cracked down on. Strengthen the management of prices published on the Internet, self-media and other media, and severely crack down on inciting price increases, spreading false market information, and maliciously speculating on housing prices. Strengthen the management of real estate brokerage agencies and their employees, and severely crack down on irregular business practices, infringement of the legitimate rights and interests of the masses, and disruption of market order.

In addition, Jinhua City has made it clear that it strictly controls the overall quality of commercial residential projects. We will increase the intensity of public rental housing security, carry out the construction of affordable rental housing, and accelerate the improvement of the housing security system. At the same time, an evaluation and assessment mechanism for real estate market regulation work will be established to strictly implement the tasks of “one city, one policy” and “one county, one policy” for real estate regulation.

It is worth mentioning that on July 29, Ni Hong, Vice Minister of the Ministry of Housing and Urban-Rural Development, interviewed responsible comrades of the five city governments of Yinchuan, Xuzhou, Jinhua, Quanzhou, and Huizhou, demanding resolute implementation of the Party’s The central government and the State Council have made decisions and arrangements, insisting on the positioning that houses are for living in, not for speculation, not using real estate as a means of short-term economic stimulation, and earnestly fulfilling the responsibilities of urban entities. In response to the new situations and new problems that emerged in the real estate market in the first half of the year, Strengthen regulation and supervision to promote the stable and healthy development of the real estate market.

In the first half of this year, the sales price of new commercial housing and the price of residential land in five cities including Jinhua increased too fast, and the market expectations were unstable, which aroused widespread social concern. The meeting announced that Yinchuan, Xuzhou, Jinhua, Quanzhou and Huizhou would be included in the list of key cities for real estate market monitoring.

According to data released by the National Bureau of Statistics, the sales price of newly built commercial housing in Jinhua ranked first in the country in January this year; according to the China Housing Index System Hundred Cities Price Index, the price of second-hand housing in Jinhua in the first half of this year has accumulated The increase is more than 5%.

In terms of land market, various districts and counties under Jinhua and other cities experienced high land premium rates in the first half of this year.

In the first quarter of 2021, Jinhua (including Yiwu, Yongkang, Lanxi, Wuyi, Dongyang, Pujiang, and Pan'an) has a total of 36 residential land listings (including 1 failed auction and 35 transactions) , the total transaction amount was approximately 23.353 billion yuan. Among them, Jinhua Yongkang residential land was finally sold for 839 million yuan after 200 rounds of bidding, equivalent to a floor price of 14,626 yuan/square meter, with a premium rate of 224%. A residential land in Pujiang County, Jinhua, went through 445 rounds of bidding, with a floor price of about 16,600 yuan/square meter, setting a new high in Pujiang, with a premium rate of 79.8%; a land plot in Yiwu City, Jinhua, went through 102 rounds of bidding, with a total price of The transaction was 3.0013 billion yuan, with a floor price of 36,030 yuan/square meter and a premium rate of 53.03%; after 477 rounds of bidding, a land parcel in Lanxi City, Jinhua was sold for a total price of 1.01 billion yuan, with a floor price of 9,633 yuan/square meter and a premium rate of 53.03%. 88.89%.