Did Chengdu cancel the purchase restriction?

The purchase restriction of houses above 0/44 square meters in Chengdu/KLOC was cancelled.

On September 26, 2023, according to the official WeChat account of Chengdu Ministry of Housing and Urban-Rural Development, the Office of the Leading Group for the Stable and Healthy Development of Chengdu Real Estate Market in Sichuan Province issued the Notice on Further Optimizing Policies and Measures to Promote the Stable and Healthy Development of the Real Estate Market (hereinafter referred to as the Notice), which involves measures such as adjusting the purchase restriction and price limit of housing.

Zhiguan District of Tianfu New District in Sichuan, Nanyuan of Chengdu High-tech Zone, Jinjiang District, Qingyang District, jinniu district, Wuhou District and chenghua district (that is, 5+2) continue to implement the housing purchase restriction, but the housing purchase qualification of more than 144 square meters (excluding) in the restricted area is cancelled, and other areas no longer enjoy the housing purchase qualification.

In the restricted area, those who buy houses with a size of 144 square meters or more (excluding 144 square meters) are no longer eligible to buy houses, and those who buy houses with a size of 144 square meters or less (including 144 square meters) must have household registration in the restricted area or pay social security in the restricted area for more than 6 months.

Other measures to adjust housing purchase restriction in Chengdu

1, guaranteed

Give full play to the existing public rental housing, rental subsidies and affordable rental housing. Planning and construction of affordable housing, focusing on the working class with housing difficulties and the talent groups needed by the city.

2. Identification of the number of sets

We will implement the differentiated housing credit policy, recognize the purchase of a third home by commercial loans for families with many children as a second home, and uniformly adjust the period of exemption and exemption of value-added tax for individual transfer housing to two years.

3. Strengthen the supervision of pre-sale funds.

Strengthen supervision and supervision in the whole process, urge development enterprises, commercial banks and buyers to deposit all the pre-sale funds directly into the supervision account, ensure that the funds within the supervision limit are earmarked for engineering construction, ensure the construction quality, crack down on illegal activities, encourage buyers to participate in supervision and ensure the completion and delivery of commercial housing.

Refer to the above content: Yang Guang. Com- Chengdu cancels the purchase restriction of houses above 144 square meters, and no longer implements the reference price of second-hand houses.