Shandong: Gradually raise the threshold for pre-sales and encourage pilot sales of existing houses

On January 31, 2023, the Shandong Provincial Housing and Urban-Rural Construction Work Conference was held in Shandong Building.

According to “Qilu.com Lightning News”, Wang Yuzhi, director of the Housing and Urban-Rural Development Department of Shandong Province, mentioned in his report that in the next five years, the real estate industry will make significant progress in transitioning to a new development model. Adhere to the positioning of “housing to live in, not speculation”, implement policies to stabilize land prices, housing prices, and expectations, improve housing quality, accelerate structural reforms on the housing supply side, and achieve a virtuous cycle and healthy development of the real estate industry.

As for the specific work in 2023, the report clarifies that all localities should further implement the main responsibility of the city government, one city, one policy, classified regulation, make full use of the latest policy tools, coordinate efforts from both ends of supply and demand, and simultaneously activate new houses and second-hand houses market, promoting the steady release of reasonable demand for housing consumption. Vigorously improve the quality of housing, guide real estate companies to innovate development and operation models, build high-quality housing with good quality, excellent functions, and complete supporting facilities, and promote improved housing consumption. Hold a high-end seminar for the heads of leading real estate companies and experts to discuss the new development model of the real estate industry.

At the same time, Shandong Province will issue guiding opinions on the construction of high-quality residential buildings, formulate the “Residential Design Standards”, and strengthen the regulation and guidance of related work. Wang Yuzhi mentioned that the threshold for pre-sales should be gradually raised, and places with conditions should be encouraged to try first, and carry out pilot sales of existing houses. To improve the new mechanism of linking people, housing, land, and money, cities should strengthen the coordination of financial, land, taxation and other regulatory policies according to population changes, and determine housing by people, land by housing, and money by housing. Accelerate the development of the long-term rental housing market, promote the “same rights for renting and purchasing”, and vigorously cultivate professional and large-scale housing leasing enterprises. Carry out special actions to rectify and standardize the order of the real estate market, increase joint law enforcement efforts, promptly investigate and deal with violations of laws and regulations in areas such as development, intermediary, leasing, and property management, and optimize the industry’s development environment.

In terms of “guaranteed delivery of buildings”, the report mentioned that through the joint efforts of the whole province, the special loan guaranteed delivery of buildings has achieved good results. All localities should further strengthen the work of “guaranteeing the delivery of buildings and stabilizing people’s livelihood”, manage and make good use of national special loans, coordinate commercial banks to implement supporting credit support, keep a close eye on fund payment and project construction progress, and ensure that overdue houses are delivered on schedule. The province will focus on the use of funds, project start, and housing delivery, and establish an assessment reward and punishment mechanism.

The report also pointed out that the development of affordable rental housing should be accelerated this year, focusing on the two large cities with net population inflows determined by the state and the nine cities determined by the provincial government, and implementing support policies such as land, finance, taxes, and prices to guide Social forces participate in the construction of indemnificatory rental housing to realize multi-subject supply and multi-channel guarantee. Broaden housing source financing channels, and encourage state-owned platforms to purchase stock commodity housing as affordable rental housing. In 2023, the province will raise 83,000 affordable rental housing units (rooms). Strengthen the construction and operation management of public rental housing, focus on solving the housing difficulties of subsistence allowances and low-income families, build public rental housing according to local conditions, and expand the scope of rental subsidies. 600 new public rental housing units have been started in the province, and 16,600 households have been granted rent-guaranteed housing subsidies. Subsidized 28,300 households. Give full play to the protection function of provident fund for housing consumption, improve the deposit, use and operation management mechanism, expand the scope of benefits, study and introduce policies for the payment, deposit and use of provident fund for flexible employees, and fully realize the 13 provident fund businesses determined by the state “cross-provincial operation” within this year “, the newly added deposit is more than 150 billion yuan.

According to the data disclosed by the Department of Housing and Urban-Rural Development of Shandong Province, in 2022, the online signing of new commercial housing in Shandong will be 128 million square meters, ranking first in the country and accounting for 11.4% of the country; the average price of new commercial housing is 8,440 yuan per square meter, which is basically stable. , Yantai and Qingdao’s new commercial housing online signing area increased by 11% and 2% respectively year-on-year. A number of measures were formulated and implemented to “guarantee the delivery of buildings and stabilize people’s livelihood”. 216 overdue residential projects resumed work, and 15,115 sets of buildings were handed over, ranking first in the country. This year, Shandong will implement policies according to the city, one policy for each city, and coordinate efforts from both ends of supply and demand to activate the new and second-hand housing markets.