Is the purchase restriction policy relaxed now?

"Many Hong Kong people will come here to buy building materials and decorations." At Sungang Art Exhibition Center in Luohu District, Shenzhen, the Securities Times reporter met Mr. Chen who came from Hong Kong to buy them.

In Sungang area, there are large and small building materials and home furnishing markets, and it is also the most famous handicraft gathering area in Shenzhen. The reporter inquired about a number of shops. Almost half of the retail business here comes from customers in Hong Kong, and the prices of building materials and decoration here are far lower than those in Hong Kong.

It can be said that building materials decoration is closely related to the real estate industry. "Many friends come here to buy houses not for Hong Kong, but for houses in Shenzhen and Zhongshan." Mr. Chen told reporters, "Especially in some places where the rental rate of return is relatively high, it has become the practice of many Hong Kong businessmen to invest in the Greater Bay Area property market with low interest rates."

Coincidentally, recently, many cities in Greater Bay Area seem to have relaxed the conditions for Hong Kong and Macao residents to purchase houses. Even people with mortgages in Hongkong are looking for opportunities to enter the real estate market in Greater Bay Area.

The purchase restriction policy is relaxed?

In fact, it is an indisputable fact that housing prices in Hong Kong are high. According to the trend chart of housing prices in Hong Kong published by Midland realty, the average price in April this year was HK$ 65,438+03,265,438+00, up 2.6% from the previous month. It can be said that since this spring, the property market in Hong Kong has shown a trend of continuous recovery.

Recently, many cities in Greater Bay Area reported that the local property market was relaxed, especially the restrictions on the purchase of houses by Hong Kong and Macao residents, which made "going north to buy a home" once again become the focus of market attention.

On April 20 17, Zhuhai started the most stringent purchase restriction. The previous purchase restriction policy was to include all apartments in the city, and non-local household registration was required to pay personal income tax certificate or social security for five years or more. Recently, it was reported in the market that non-registered personnel (non-talents) will not have social security requirements when buying first-hand houses in Qiaoxi and High-tech Zone of Zhuhai, and it will take three years to buy first-hand houses in Xiangzhou District (excluding Hongwan Integration Zone) and five years for Hengqin New District, with a purchase restriction of 1 set. At the same time, the west and east of Zhuhai Bridge allow Hong Kong and Macao residents to buy first-hand houses. The qualification of foreign customers in Doumen and Jinwan areas of Zhuhai to purchase the first suite in Zhuhai has also been loosened.

In Zhongshan, market news pointed out that Hong Kong and Macao customers have two new channels to purchase houses: providing half-year social security or tax coupons plus proof of employment; If you are self-employed, you need to provide a copy of the business license registered in Zhongshan and a copy of the ID card of the legal representative with official seal, and read the information about processing business opportunities. If you are not the legal representative, you need to provide information to prove that you are one of the shareholders of the enterprise, but the purchase restriction policy for others remains unchanged.

Recently, Guangzhou officially issued the "Action Plan of Giving Full Play to the Advantages of Guangzhou as a National Central City to Support the Development of Hong Kong and Macao Youth in Guangzhou" to fully support Hong Kong and Macao youth to study, practice, exchange, find employment, start a business and live in Guangzhou. The Action Plan also puts forward a series of measures to support the development of young people from Hong Kong and Macao in Guangzhou, including exempting qualified talents from tax subsidies and building talent apartments in Hong Kong and Macao.

Interest rates are much lower than those in the mainland.

Although "buying a house in the north" is not a new phenomenon, it seems to have changed at the moment. In Guangdong-Hong Kong-Macao Greater Bay Area, Shenzhen's housing prices are relatively high. With the opening of the high-speed rail and the Hong Kong-Zhuhai-Macao Bridge, Hong Kong people have new choices and "alternative" ways to buy homes in the north.

"Recently, many friends have gone to Zhuhai, Zhongshan and other places to see the house. Some of them still have mortgages in Hong Kong. They get cash loans by mortgaging or increasing real estate in Hong Kong. " Mr. Chen told reporters that "Hong Kong's housing prices are relatively high, and the cash loan from Hong Kong real estate is basically enough to buy a house in Zhuhai, Zhongshan and other places at one time." The reporter consulted the banks in Hong Kong and found that the ceiling interest rate of residential mortgage based on the H-rate in Hong Kong is about 2.37%, and the additional interest rate has risen, but it is still far lower than the mortgage interest rate of a property buyer in the Mainland.

According to public information, in 20 14, the Hong Kong Monetary Authority lifted the restrictions on RMB exchange, and local citizens in Hong Kong were not subject to the upper limit of RMB 20,000 exchange. However, remittance of Hong Kong dollars from Hong Kong banks to mainland banks is still subject to foreign exchange control requirements, and only residents holding Hong Kong identity cards can accept RMB remittance applications initiated from Hong Kong. Some bank staff told reporters that the current daily remittance limit is 80,000 yuan, and no notice of the total amount limit has been received yet. The payee and the remitter must be the same person. Mr. Chen told reporters that some people adopted the practice of "ants moving" and even the cross-border remittance of the Hong Kong version of WeChat.

However, the rental rate of real estate in Guangdong-Hong Kong-Macao Greater Bay Area is not high. According to the data provided by Zhuge Housing Search Data Research Center, as of the 23rd week of this year, the rental returns of Huizhou and Foshan were 2.3 1% and 2.05% respectively, while those of Guangzhou, Shenzhen, Zhongshan, Zhuhai and Dongguan were all below 2%. However, the reporter interviewed a number of Hong Kong residents who have already bought houses in the Mainland. In their view, the rental rate of real estate in cities like Shenzhen is low, but the prospect of appreciation still exists.

According to the research report released by Ke Ruizhu Hai in April, the distribution of customer groups is slightly different according to factors such as channel distribution intensity and house price level. Generally speaking, the wider the channels, the lower the project quotation and the greater the proportion of investors. Specifically, for example, the Hellenborg Hu Xin project in Doumen area, the price is from 15500 to 16000 yuan per square meter, with foreign customers accounting for 60% to 70%, Hong Kong and Macao customers accounting for about 5%, and local customers accounting for about 30%; Time Central Park in the same region has launched the Hong Kong and Macao Passage, and the proportion of customers in Hong Kong and Macao can reach about 20%.

Midland realty said that according to the company's statistics in Shenzhen, the proportion of Hong Kong people "going north to buy homes" is about 4%. In the Daya Bay area of Huizhou, many intermediaries told reporters that among the customers who bought houses in Daya Bay last year, the proportion of Shenzhen customers was lower than before, and foreign customers became the main force, even including many Hong Kong customers. When the market is good, Hong Kong customers account for more than 10% of many projects.

Zhang Tianming, manager of Midland Property National Research Center, said that the relaxation of housing purchase conditions in relevant cities will have a certain positive impact, and the transaction volume will increase slightly in the short term. In the later period, the rapid development of Greater Bay Area will attract more Hong Kong people to buy homes in the north. The areas that buy homes in the north will also be more concentrated in more attractive and popular areas such as Zhuhai and Zhongshan.

However, most cities in Dawan District of Guangdong, Hong Kong and Macao have different degrees of restrictions on sales. After buying a house, Hong Kong and Macao residents can only regulate according to the local property market, which may be the focus of investors.

Source: Securities Times