Dongguan introduced the property market regulation policy late at night

In the early morning of August 2, eight departments including Dongguan Housing and Urban-Rural Development Bureau, Dongguan Natural Resources Bureau and Dongguan Real Estate Registration Center jointly issued the Notice on Further Improving the Regulation of the Real Estate Market (hereinafter referred to as the Notice), which regulated the transfer of residential land, the purchase restriction of commercial housing, the tax adjustment of individual housing sales, and the formulation of guiding prices for second-hand housing transactions.

This is also the second time since Dongguan introduced the policy of restricting the purchase and transfer of the property market in July last year and February this year.

The "Notice" requires the implementation of a new land transfer method led by "limiting house prices, controlling land prices and improving quality", and combining competitive affordable housing to study more flexible combination methods and strengthen the linkage mechanism of house prices and land prices. Non-real estate development enterprises are required not to participate in the bidding for residential land (including commercial and residential land), and if the enterprise consortium participates in the bidding, the investment ratio of real estate development enterprises shall not be less than 50%. Moreover, in order to strengthen the audit of the source of funds at the bottom of the ditch, bidding enterprises need to explain the source of funds at the bottom of the ditch and promise to be their own funds.

In terms of the purchase restriction policy, the notice was further tightened, and the auction house was included in the scope of purchase restriction. The "Notice" clarifies that enterprises, institutions, social organizations and natural persons who purchase commercial housing in Dongguan through judicial auction must comply with the housing purchase restriction policy. In addition, the sale of commercial housing to individual industrial and commercial households was suspended.

Compared with the requirement that new families purchase the first set of newly-built commercial housing "settle in this city for half a year and pay social security for half a year continuously within two years before the date of purchase" proposed by the purchase restriction policy issued by Dongguan in February this year, this notice adds one item: pay social security 1 year continuously within two years before the date of purchase. The "Notice" pointed out that the principle of taking the earlier of the above two situations as the recognition condition.

In terms of property tax, the "Notice" clarifies that the period of exemption and exemption from value-added tax for individual housing transfer will be adjusted from 2 years to 5 years. Specifically: individuals who sell houses that have been purchased for less than 5 years will pay VAT in full at the rate of 5%; Individuals who purchase houses for more than 5 years (including 5 years) for external sales shall be exempted from VAT.

At the same time, Dongguan also clearly wants to establish a second-hand housing transaction guidance price system. "Notice" requires that all real estate brokers and real estate sales service personnel shall not accept and publish the listing price significantly higher than the guiding price of second-hand housing transactions in Dongguan through online and offline channels.

The "Notice" pointed out that it is necessary to adhere to the positioning of "houses are used for living, not for speculation", earnestly do a good job in the regulation of "one city, one policy", timely and effectively solve new situations and new problems in the real estate market, and ensure the realization of stable land prices, stable housing prices and stable expectations.

Recently, Guan Qingyou, president of the Financial Research Institute, said in an exclusive interview with china securities journal that the future regulation of the property market will present three new features: First, it will be comprehensive, from new houses to second-hand houses, from affordable housing to school districts, and from buying houses to renting houses. The second is accuracy. Due to the city's policy, real estate development, housing sales, housing leasing, property services and other issues will be rectified, leaving no dead ends. Third, normalization, real estate regulation will become the norm, which is difficult to reverse.

Guan Qingyou predicts that the reference price or verification price mechanism of subsequent second-hand housing transactions will be further expanded, especially in cities where the second-hand housing prices and land prices are growing too fast and the second-hand housing prices are seriously upside down.

The following is the full text of the notice:

Notice on Further Improving the Regulation of the Real Estate Market (No.Dong Jian [2021]1)

All relevant units:

In order to resolutely implement the decision-making arrangements of the CPC Central Committee and the State Council to build a long-term mechanism for the healthy development of the real estate market, adhere to the positioning of "houses are used for living, not for speculation", earnestly do a good job in the regulation of "one city, one policy", timely and effectively solve new situations and new problems in the real estate market, and ensure the realization of stable land prices, housing prices and expected regulatory objectives, with the consent of the Municipal People's Government, relevant matters are hereby notified as follows:

First, stabilize the transfer price of residential land.

Optimize the rules of land auction. Implement a new land transfer model led by "limiting house prices, controlling land prices and improving quality", and study more flexible combinations in combination with competitive affordable housing to strengthen the linkage mechanism of house prices and land prices.

Strictly examine the qualifications of land buyers. Non-real estate development enterprises shall not participate in the bidding for residential land (including commercial and residential land), and if the enterprise consortium participates in the bidding, the investment ratio of real estate development enterprises shall not be less than 50%.

Strengthen the review of the source of funds for land purchase. Establish an effective audit system for land purchase funds of enterprises. Bidding enterprises need to explain the source of land purchase funds and promise to be their own funds. Relevant functional departments can carry out penetrating verification on the source of land purchase funds to ensure that the bidding enterprises' land purchase funds comply with laws and regulations.

Second, strengthen housing purchase restriction measures.

From the date of promulgation of this notice, enterprises, institutions, social organizations and natural persons who purchase commercial housing in this Municipality through judicial auction shall comply with the provisions of this Municipality's housing purchase restriction policy.

Suspend the sale of commercial housing to individual industrial and commercial households. Commercial housing subscription book, real estate brokerage contract or real estate sales contract has been signed before the date of issuance of this notice. If you have valid vouchers such as bank, Alipay and WeChat, you can continue to complete the transaction. The house purchase deposit paid before 24:00 on August 20th can provide 2 1.

If a newly-purchased family purchases the first set of newly-built commercial housing, it shall be determined according to the principle of the earlier of the following circumstances: 1. Having settled in this city for half a year and continuously paying social security for half a year on a monthly basis within two years before the date of purchase; 2. Pay social security monthly 1 year within 2 years before the date of purchase.

If the purchaser defrauds the social security certificate to purchase commercial housing, once it is verified, the contract will be cancelled for the record, and if the real estate registration has been handled, it will be cancelled according to the regulations. It is forbidden to buy commercial housing in our city within 5 years from the date of cancellation of contract filing or correction of cancellation of real estate registration.

Third, strengthen the financial management of real estate.

Strictly manage the concentration of real estate loans of banking financial institutions, and supervise banking financial institutions to carry out real estate loan-related business steadily. Improve the statistical index system of real estate finance and strengthen the monitoring and analysis of real estate finance. Strengthen the supervision of the illegal inflow of funds from various channels into the real estate market, and prohibit real estate development enterprises, intermediaries, internet financial institutions, microfinance companies and other illegal provision of down payment loans and other housing financing products or services. Strictly implement the differentiated housing credit policy and give priority to supporting the first set of families who just need to buy a house. Strictly review the source of down payment funds for buyers, and strictly investigate and deal with the illegal inflow of loans for consumption and business purposes into the real estate sector.

Fourth, strengthen real estate tax supervision.

Strengthen real estate linkage supervision and tax supervision. For the houses that are traded and transferred (subject to the online signing time) from the date of promulgation of this notice, the period of exemption and exemption from value-added tax for individual housing transfer is adjusted from 2 years to 5 years. Specifically: individuals who sell houses that have been purchased for less than 5 years will pay VAT in full at the rate of 5%; Individuals who purchase houses for more than 5 years (including 5 years) for external sales shall be exempted from VAT. If the online signing of the real estate sales contract has not been completed before the date of issuance of this notice, but a real estate sales intermediary contract or a house purchase agreement has been signed, and valid bank, Alipay, WeChat and other transfer vouchers for the house purchase deposit and part or all of the house payment (excluding cash payment) paid before 24:00 on August, 2002/kloc-0 can be provided, and the commitment letter signed by the buyer and the seller can be provided, the value-added tax exemption period shall be in years.

Five, the establishment of second-hand housing transaction guidance price system.

On the basis of the normal release of the online transaction price of second-hand real estate, we will speed up the establishment of the release mechanism of the guiding price of second-hand housing transactions, further increase the publicity of second-hand housing transaction information, guide the rational market transactions, guide commercial banks to rationally issue second-hand housing loans, and prevent and control the personal housing credit risks. All real estate brokerage agencies and real estate sales service personnel are required to remove false high-priced houses, and they are not allowed to accept and publish listing prices that are significantly higher than the guiding price of second-hand housing transactions in this city through online and offline channels.

Six, strengthen the supervision of commercial housing sales.

Strengthen the pre-sale supervision and transaction process management of commercial housing. Establish a registration system of purchase intention, and bring the commercial housing subscription link into the scope of supervision. For buildings with the number of people who intend to purchase houses exceeding a certain proportion of the listed houses, the system of notarization and lottery selection will be implemented to give priority to the housing needs of families without houses. For hot real estate projects with a high proportion of people planning to purchase houses and exceeding the number of listed houses, the period of residential restricted sales is extended from 3 years after obtaining the property right certificate to 5 years. Relevant implementation rules shall be formulated separately.

Seven, continue to standardize the order of the real estate market.

Severely crack down on illegal acts of real estate development enterprises and intermediaries. Seriously investigate and deal with illegal acts that disrupt the order of the real estate market, such as selling without a license, hoarding houses, clearly marking prices, price fraud, taking or assisting in taking non-personal housing loans such as "commercial loans" and "consumer loans" for buying houses, charging "tea fees", false advertisements, bundling sales, infringing consumers' rights and interests by using unfair format terms, misappropriating transaction supervision funds, publishing false housing and price information, and assisting buyers to illegally evade housing transaction taxes and fees.

Strictly implement the filing system of real estate brokerage institutions, implement the qualification system of brokers, and strengthen the real-name management of brokers. We will promote the integrity management of real estate enterprises and employees, incorporate illegal information of real estate development enterprises, intermediaries, housing rental enterprises and related individuals into the national credit information sharing platform, and blacklist serious untrustworthy enterprises and their legal representatives and individuals.

Give full play to the role of functional departments, integrate resources, strengthen coordination, and improve the comprehensive improvement ability. Strengthen the organization and coordination of real estate-related industries, implement industry linkage management, and give play to the collaborative governance role of industry organizations.

Eight, improve the construction of housing security system

Accelerate the improvement of the housing security system with public rental housing, affordable rental housing and * * * property housing as the main body. We will promote the innovation of housing security work, establish a housing security system covering families with "double difficulties" in housing income, new citizens, young people and all kinds of talents, and further strengthen housing security in public service industries and key development industries.

Flexible use of physical security and monetary subsidies to effectively expand the security capacity of public rental housing. Support towns and streets (parks) that are short of housing resources to build public rental housing projects as needed, and promote the balance between occupation and residence. We will intensify the monetization reform of public rental housing, gradually include employees in the public service industry in the scope of monetary subsidies, and explore ways to increase subsidies for housing security objects of rented municipal housing rental enterprises.

Conscientiously implement the Opinions of the General Office of the State Council on Accelerating the Development of Affordable Rental Housing, improve the basic system construction of affordable rental housing, and do a good job in supporting the construction of cities and pilot cities in the province. Scientifically determine the goal of the construction of affordable rental housing in the 14 th Five-Year Plan. The government will give policy support to land, taxation and finance, and guide multi-subject investment and multi-channel supply. Adhere to small apartment, low rent, pay attention to the balance between occupation and housing, and do our best to help new citizens, young people and other groups alleviate housing difficulties.

Improve the relevant system of * * * property housing, rationally formulate the development plan of * * * property housing, and explore the development path of * * * property housing according to local conditions.

This notice shall come into force as of the date of promulgation. If the relevant policies and measures are inconsistent with this notice, this notice shall prevail.

Dongguan Housing and Urban-Rural Development Bureau Dongguan Natural Resources Bureau

Dongguan budongchan registration center Dongguan market supervision management bureau

People's Republic of China (PRC) State Taxation Bureau Dongguan Finance Bureau

China People's Bank Dongguan Central Branch China Insurance Regulatory Commission

Dongguan supervision branch bureau

20212 August