The core second-tier city of Chengdu has been fully liberalized.PlaytoearncryptogamesbinanceThere is a purchase restriction.
On April 28, the Office of the leading Group for the stable and healthy Development of the Real Estate Market in Chengdu issued the Circular on policies and measures to further optimize the stable and healthy Development of the Real Estate Market. The measures involve the construction of "market + guarantee" housing supply system, the supply management mechanism of commercial construction land, the virtuous circle of commercial office housing market, the support of real estate financing demand, the synchronous sale of parking spaces and housing, the cancellation of notarization lottery, the full liberalization of purchase restrictions, the construction of high-quality housing and many other dimensions.
Among them, the most concerned is the full liberalization of the purchase restriction policy. According to the notice, starting from April 29, housing transactions within the city of Chengdu will no longer examine and verify the eligibility to purchase houses.
"from the perspective of policy positioning and impact, the new policy of the property market in Chengdu involves measures to relax house purchases. Housing transactions within the city no longer examine household registration, social security and other purchase conditions, and no longer limit the number of purchases. This means that Chengdu fully liberalizes housing purchase restrictions, which has a strong positive signal and promotes the further release of housing demand, which will form a major positive for property market transactions. " Said Guan Rongxue, a senior analyst at Zhuge data Research Center.
Analysts from Sichuan Company of the Middle finger Research Institute also pointed out that the complete abolition of the purchase restrictions will help Chengdu to actively release the effective home purchase demand that is "qualified, capable and willing". On the one hand, it will directly inject new customers into the new housing market. on the one hand, attract new demand to speed up the digestion of second-hand housing, and promote a more positive release of local demand for improvement by selling old and buying new chains. This plays a positive role in stabilizing the transaction volume and price stability of Chengdu new housing and second-hand housing market.
In addition, the new policy of the property market in Chengdu also mentioned that the commercial housing project in Chengdu will no longer implement notarized lottery house selection, but will be sold by enterprises independently.PlaytoearncryptogamesbinanceSupport the simultaneous sale of parking spaces and housing, rationally set the planning ratio of parking spaces for new residential land, promote the use of the first floor for public service space, and increase the proportion of semi-open space such as residential balconies, promote the development of low-density, high-quality residential products in suburban (city) counties, and further increase the supply of high-quality housing.
"to a certain extent, the cancellation of notarization lottery gives real estate enterprises more independent sales rights, which can boost the potential upside space for new housing project transactions, which is conducive to boost market sentiment." Guan Rongxue said.
"supporting the simultaneous sale of underground motor vehicle parking spaces during the pre-sale (current sale) of commercial housing is conducive to further facilitate the sales management of motor vehicle parking spaces in residential projects. it can better meet the needs of buyers to purchase parking spaces at the same time when purchasing commercial housing." The above-mentioned middle finger research institute analyst pointed out.
Judging from the recent property market data in Chengdu, the local market transaction trend in March is similar to that of not a few cities in the country, rebounding sharply month-on-month, but the year-on-year heat is still not as hot as last year's Xiaoyangchun. According to the monitoring data of Zhuge data Research Center, new commercial housing and second-hand housing in Chengdu sold 8924 and 18771 units respectively in March 2024, down 41% from the same period last year.Playtoearncryptogamesbinance.9%, 33Playtoearncryptogamesbinance.4%.
"the current market sentiment repair situation is still unstable. In March 2024, the market sentiment index in Chengdu was-0.79, which was at the low level of the market wait-and-see range, down 0.05 from last month. Chengdu market still needs policy support, or gave birth to this optimization adjustment. " Guan Rongxue said.
In fact, since the beginning of this year, the real estate market policy has generally continued to be loose, with the core first-and second-tier cities acting as the main force in loosening purchase restrictions.
According to the incomplete statistics of Zhuge data Research Center, since last year, as of April 28 this year, about 35 cities across the country have relaxed their purchase restrictions, including 22 cities such as Hefei, Kunming, Suzhou and Changsha.
According to the monitoring of the Institute of the Middle finger, so far, in addition to Hainan Province, the core cities including four first-tier cities and Hangzhou (new houses), Tianjin, Xi'an core areas still maintain the purchase restriction policy.
"Global withdrawal restrictions will be a common choice for second-tier cities in the near future, and it is expected to cover other cities next." Li Yujia, chief researcher of the Housing Policy Research Center of Guangdong Institute of Urban Planning, said.
It is worth noting that before the May Day short holiday, a number of core second-tier cities have introduced heavyweight property market relaxation policies, including Chengdu, Nanjing, Changsha and so on.
Among them, Nanjing has made a big move in the property market, and the purchase of a house can be settled directly, while Changsha, as a "model student" in the regulation and control of the property market, has also completely abolished the purchase restrictions.
"the new housing market in the first quarter is not as expected. Under the background of systematically planning policies to stabilize the property market and strengthening the responsibility of local subjects, the driving force of local policies due to the city will be stronger, but the actual effect of the policy remains to be further observed." Analysts point out.
