After being interviewed by the Ministry of Housing and Construction, the down payment of the second apartment in Shenyang property market regulation and upgrading was raised to 50%.

Published: Sep 7, 2020 08:32
Source: Financial Union

SMM: Shenyang Real Estate Bureau and Shenyang Natural Resources Bureau of Liaoning Province jointly issued a notice, the notice mentioned that strict differential credit tax policy, maintain the stable and healthy development of the real estate market, require strict control of the premium rate of housing land sales, formulate strict management measures for the competitive construction of real estate development projects, strengthen the supervision of the whole process, and strictly regulate the behavior of selling without permission in accordance with the law. At the same time, the down payment proportion of the first commercial housing purchased by individuals will be strictly enforced, and the down payment proportion of the second commercial housing will be raised to 50%.

The notice stresses that the premium rate for the transfer of housing land will be strictly controlled. Adopt the methods of "limiting house prices, competing for land prices", "limiting land prices, competing for construction, competing for ownership" and other ways to sell housing land. The competitive construction and self-supporting parts of real estate development enterprises shall not be included in the cost of commercial housing development and construction.

The notice also mentioned that strict management measures for the competition and construction of real estate development projects should be formulated, the supervision of the whole process should be strengthened, and the synchronous design, examination and approval, construction, acceptance and delivery of competitive facilities and commercial housing construction should be ensured.

In addition, according to the official website of the Ministry of Housing and Construction, on August 26, the Ministry of Housing and Construction convened relevant responsible persons of the housing and construction departments of Yinchuan, Shenyang, Changchun, Chengdu, Tangshan and Changzhou to hold a real estate work conference in Beijing, emphasizing the need to unswervingly adhere to the positioning of "houses are for living, not for speculation," to ensure the realization of stable land prices, stable housing prices, and stable expectations.

Ding Zuyu, chief executive of Yiju China, pointed out that the typical feature of these cities is that among the 70 cities announced by the National Bureau of Statistics, they have repeatedly ranked among the top 10 month-on-month increases in the prices of new and second-hand houses across the country.

Scan the code to apply to join the SMM real estate industry exchange group

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
Jiangxi Launches First Virtual Power Plant Pilots for Enhanced Energy Management
14 hours ago
Jiangxi Launches First Virtual Power Plant Pilots for Enhanced Energy Management
Read More
Jiangxi Launches First Virtual Power Plant Pilots for Enhanced Energy Management
Jiangxi Launches First Virtual Power Plant Pilots for Enhanced Energy Management
According to Polar Power Grid, to accelerate the development of virtual power plants and leverage their positive role in supply assurance, operational regulation, and new energy integration, the first batch of virtual power plant pilot applications will be organized across Jiangxi Province, in accordance with documents such as the "Jiangxi Province Work Plan for Promoting High-Quality Development of Virtual Power Plants" and the "Jiangxi Province Guidelines for Virtual Power Plant Construction and Operation."
14 hours ago
China's 15th Five-Year Plan Aims to Tackle High-Quality Development Barriers and Enhance Energy Markets
14 hours ago
China's 15th Five-Year Plan Aims to Tackle High-Quality Development Barriers and Enhance Energy Markets
Read More
China's 15th Five-Year Plan Aims to Tackle High-Quality Development Barriers and Enhance Energy Markets
China's 15th Five-Year Plan Aims to Tackle High-Quality Development Barriers and Enhance Energy Markets
According to Electric Union New Media, the proposal for the outline of the 15th Five-Year Plan, reviewed and adopted at the Fourth Plenary Session of the 20th Central Committee of the Communist Party of China, explicitly states the need to "focus on institutional and mechanism obstacles hindering high-quality development" and "accelerate the improvement of markets and pricing mechanisms adapted to the new-type energy system."
14 hours ago
[SMM Analysis] Reshaping Cu Cons Trade Flows: China's New Raw Material Strategy Landscape Amid Geopolitical Chessboard
15 hours ago
[SMM Analysis] Reshaping Cu Cons Trade Flows: China's New Raw Material Strategy Landscape Amid Geopolitical Chessboard
Read More
[SMM Analysis] Reshaping Cu Cons Trade Flows: China's New Raw Material Strategy Landscape Amid Geopolitical Chessboard
[SMM Analysis] Reshaping Cu Cons Trade Flows: China's New Raw Material Strategy Landscape Amid Geopolitical Chessboard
[SMM Analysis: Reshaping Cu Cons Trade Flows: China's New Raw Material Strategy Landscape Amid Geopolitical Chessboard] According to data from the General Administration of Customs, China imported 2.704 million dmt of copper ore and concentrates in December 2025, a month-on-month increase of 7% and a year-on-year increase of 7.2%. From January to December, China’s cumulative imports of copper ore and concentrates reached 30.365 million dmt, a cumulative year-on-year increase of 7.8%.
15 hours ago
After being interviewed by the Ministry of Housing and Construction, the down payment of the second apartment in Shenyang property market regulation and upgrading was raised to 50%. - Shanghai Metals Market (SMM)