A bird’s-eye view of the Central District of Dongguan. Dongguan introduced a new policy to adjust the purchase limit of commercial housing. Photo by Nandu reporter Liu Mei
Nandu news Dongguan property market new deal has come, the limited purchase period of commercial housing has been adjusted, and there are new requirements for divorce house purchase and new house purchase. On February 27, Dongguan housing and Urban Rural Development Bureau, together with Dongguan Natural Resources Bureau, Dongguan real estate registration center, Dongguan market supervision and Administration Bureau, Dongguan Central Branch of the people’s Bank of China and Insurance Regulatory Commission of the Bank of China, issued the notice on Further Strengthening the regulation and control of the real estate market (Dongjian  No. 6) (hereinafter referred to as the “notice”). The notice will come into effect on February 27, 2021.
Nandu reporter learned from the “notice” that the new deal has adjusted the limit period of purchase of commercial housing. Among them, second non registered residence households (new housing or second-hand housing) purchased in the city shall pay three consecutive years of social security in the city within four years before the purchase date. If the couple divorces, the purchase of commodity housing within two years from the date of divorce is calculated. The number of housing units is calculated according to the total number of households before divorce; and the new residents are Families who purchase the first newly-built commercial housing must settle down in the city for at least half a year, and pay social security monthly for at least half a year in the two years before the purchase.
Home buyers within two years of divorce
According to the number of houses owned before divorce
According to the notice, the adjustment is to thoroughly implement the decision-making and deployment of the Party Central Committee and the State Council, adhere to the positioning of “houses are used for living, not for speculation”, implement the long-term regulatory mechanism of “one city, one policy for each city”, implement the policy according to the city, and the main responsibility of the city government, resolutely curb investment in real estate, curb the rapid rise of house prices, and promote the steady and healthy development of Dongguan’s real estate market.
It is understood that the “notice” said that it will adjust the limit on the purchase of commercial housing. Since the date of implementation of this circular, registered residence households in the city shall purchase second sets of commercial housing (new or four) housing in the city, and shall pay three consecutive years of social security in the city within a month of the date of purchase.
In case of divorce, if either party purchases commercial housing within two years from the date of divorce, the number of housing units owned by the couple shall be calculated according to the total number of housing units of the family before divorce.
If a new household purchases the first set of newly-built commercial housing, it must settle down in the city for at least half a year and pay social security monthly for at least half a year in the two years before the purchase.
Enterprises must be approved and registered by the market supervision and administration authorities for two years before they can purchase commercial housing.
Own 2 or more houses
Suspension of commercial personal loans
“Notice” said, further strengthen the real estate financial management. Adjust the differential housing credit policy. Through the research on the self-discipline mechanism of market interest rate pricing in Guangdong Province, the following requirements are made for the differentiated housing credit policy of Dongguan City:
First, if there is no housing in the city and no housing loan record (including commercial housing loan and provident fund housing loan, the same below) under the name of the resident family, the down payment proportion for purchasing ordinary housing shall not be less than 30%, and the down payment proportion for purchasing non ordinary housing shall not be less than 40%.
Second, if there is no housing in the city but the housing loan has been settled, or if there is a house in the city and the housing loan has been settled, the down payment proportion for ordinary housing shall not be less than 40%, and the down payment proportion for non ordinary housing shall not be less than 60%.
Third, if a household owns a house and the housing loan has not been settled, the down payment proportion for ordinary housing shall not be less than 50%, and the down payment proportion for non ordinary housing shall not be less than 60%.
The fourth is to suspend commercial individual housing loans for households with two or more housing units. Further standardize the real estate financial order. Strictly implement the differentiated housing credit policy. We should implement the concentration management of real estate loans, strengthen the prudent management of individual housing loans, guide commercial banks to strictly control the pace and growth of individual housing loans, and prevent sudden lending. Supervise commercial banks to further strengthen the management of loan verification, and strengthen the verification of the source of down payment funds and debt income ratio of house buyers. Strictly prevent credit loans, consumer loans, business loans and other funds from illegally flowing into the real estate market.
No less than 300 hectares of residential land will be supplied this year
“Notice” also said that to strengthen the guidance and supervision of new commercial housing prices, strengthen the real estate linkage control mechanism.
Actively respond to the new situation of the development of Dongguan real estate market, and resolutely curb the rapid rise of house prices. According to the size of residential projects, the price level and the impact on regional housing prices, we should strengthen the classified guidance. If the declared price of the new commercial housing project is higher than the declared price of the similar projects on sale in the recent territorial town (Park) or the declared price in the early stage of the project, the pre-sale license shall be suspended or the cash sale record shall not be handled for the time being, and it shall be implemented after the specific declaration rules are issued.
We should further improve the management of land market around the regulation target of stabilizing land price and housing price. We will increase the supply of residential land. This year, we will supply no less than 300 hectares of residential land to further ease the contradiction between supply and demand of commercial housing.
We should optimize the structure of housing supply, increase the proportion of small and medium-sized ordinary housing supply, increase the number of housing supply, and promote the balance between supply and demand. We will intensify efforts to ensure the safe housing of talents, and raise no less than 5000 sets of safe housing for talents this year. We should strictly implement the requirements for the allocation of affordable housing in residential land projects, do a good job in the allocation of rental and sales of affordable housing transferred to the government, speed up the implementation of the pilot scheme for the construction and distribution of price limited housing, and let qualified talents and specific target groups enjoy the policy dividend as soon as possible.
Strictly check the sale of wupan and collect “tea fee”
In addition, the notice pointed out that the real estate market monitoring and information disclosure should be improved.
We should establish and improve the statistics and co construction and sharing mechanism of the real estate market operation data, strengthen the cooperation with the third-party social organizations, strengthen the monitoring and analysis of the real estate market, accurately grasp the market change trend and regional differentiation, timely study and formulate effective countermeasures, resolve the potential market risks, and curb the excessive release of unreasonable demand.
Further improve the second-hand housing online transaction price release mechanism. In the first quarter, we will release the online transaction information of the first batch of active second-hand properties in typical towns and streets, and expand the scope of statistical towns and streets and increase the number of released properties as soon as possible. We will further improve the transparency of second-hand house prices and guide rational market transactions.
At the same time, we should continue to standardize the order of the real estate market. Strengthen the supervision of real estate development enterprises, sales agents and real estate brokerage agencies. We will continue to rectify the order of the real estate market, intensify joint efforts to rectify and enforce the law, and strengthen the joint force of law enforcement. We will seriously investigate and deal with illegal and illegal activities such as reluctant to sell, charging “tea fee”, not clearly marked price, false advertisement, publishing false housing supply, fabricating and spreading false statements, and evading regulatory policies in disguise. We will take measures to deal with the enterprises and personnel involved in the case according to law, such as interview, downgrading supervision of pre-sale funds, suspension of online signing, suspension of business for rectification, disqualification and revocation of business license Increase the exposure, and transfer suspected crimes to judicial organs.