Four new policies for the real estate market have been issued in a row. This first tier city's market | rent | new policies

Release time:Apr 14, 2024 01:40 AM

On July 3rd, Shenzhen issued four new real estate policies in a row.

Specifically, the Shenzhen Housing and Urban Rural Development Bureau has issued four regulations, which respectively regulate the guarantee objects, application conditions, supply and distribution methods, rental and sales price standards, land use guarantee, construction fundraising entities and channels, construction standards, supervision and management of three types of housing, including public rental housing. The regulations will be officially implemented on August 1st.

In terms of the price that the market is most concerned about, the management measures for public rental housing are clear. For those who meet the income and property limit standards for public rental housing, the rent is 30% of the market reference rent. For those who belong to extremely poor individuals, families with the lowest living guarantee, or families on the edge of the lowest living guarantee, the rent is 3% of the market reference rent.

Clarify the norms for three types of affordable housing

Among the four regulations, the "Management Measures for the Planning and Construction of Affordable Housing in Shenzhen" is equivalent to the "General Provisions", clarifying the definition and norms of three types of affordable housing, including public rental housing, affordable rental housing, and jointly owned property rights housing.

Among them, public rental housing refers to the housing rented by the government for qualified registered residence residents with housing difficulties and front-line workers who provide basic public services to the society by providing preferential policies, limiting construction standards and rent levels.

Affordable rental housing refers to housing provided by the government with policy support, mainly for small units and limited rental levels, aimed at eligible new citizens, young people, and various types of talents.

Shared property rights housing refers to housing that is limited in size, sales price, usage and disposal rights, and is provided to eligible residents. It implements shared property rights between the government and homebuyers on a per share basis.

It is worth noting that the Measures point out that various enterprises, financial institutions, social organizations, etc. should be supported to participate in the investment and financing, construction and fundraising, operation and management of affordable housing, and eligible affordable rental housing projects should be supported to issue real estate investment trusts and asset-backed securities.

In addition, the "Measures" stipulate the violations and legal responsibilities of development and construction units, and clarify that if the construction area and total number of units do not meet the relevant requirements of the regulatory agreement and are not corrected within the time limit, a fine of 10000 yuan per square meter shall be imposed for the insufficient total construction area; If the total number of sets is insufficient, a fine of 50000 yuan will be imposed for each set.

If the indoor and public area decoration does not meet the relevant requirements of the regulatory agreement and is not corrected within the time limit, if the indoor decoration does not meet the requirements, a fine of 20000 yuan will be imposed for each set; If the decoration of public areas does not meet the requirements, a fine of 2000 yuan will be imposed per square meter.


Four new policies for the real estate market have been issued in a row. This first tier city's market | rent | new policies

Adopting differentiated rental and sale prices

In terms of price, which is of utmost concern to the market, this regulation clearly states that differentiated rental and sale prices will be adopted based on different types of housing and beneficiaries.

If it meets the property limit standard of public rental housing income, the rent is 30% of the market reference rent, and if it belongs to the poor, the minimum living security family and the marginal family of the minimum living security, the rent is 3% of the market reference rent. Among them, the "income and property quota standard" is determined by the Shenzhen Development and Reform Department according to the income level of Shenzhen residents, family property status, housing status, financial affordability, housing market development and other factors, and implement dynamic adjustment.

The rent for affordable rental housing is determined at 60% of the market reference rent. The rental price of affordable rental housing rented by social entities shall not exceed 90% of the reference rental price for rental housing of the same quality in the same period, region, and market.

In addition, the average sales price of jointly owned housing projects is determined at 50% of the market reference price. The property ownership share of the buyer shall be determined based on the proportion of the average sales price of the project to the market reference price, and shall not be less than 50% in principle; The remaining portion is the government's share of property rights.

It should be noted that shared ownership housing adopts a closed circulation form. If the buyer needs to transfer the jointly owned housing they purchased after 5 years from the date of signing the purchase and sale contract, they can apply to the housing security implementation agency for transfer to a qualified object, and the transfer price shall be determined through negotiation between the buyer and seller.

Define housing area standards

In terms of living experience, the market is more concerned about the issue of area. Among them, the construction area of public rental housing units is mainly below 60 square meters; The newly raised affordable rental housing units will mainly have a building area of less than 70 square meters; The construction area of shared ownership housing units is mainly below 90 square meters.

In terms of allocation and sales standards, the allocation of building area for public rental housing is determined based on the number of eligible households. Single residents are mainly limited to 35 square meters, families with 2 people are mainly limited to 50 square meters, and families with 3 or more people are mainly limited to 60 square meters. Housing with a building area exceeding 70 square meters is prioritized for allocation to families with 5 or more people. Depending on supply and demand, allocation can also be made to families with 4 people.

The standard for the construction area of jointly owned housing allocation is determined based on the number of eligible households. For families with less than 3 people or single residents, it is about 65 square meters, and for families with more than 4 people, it is about 85 square meters. For housing with a construction area of about 85 square meters, it can also be allocated to families with 3 people according to the actual situation. The specific details are specified in the allocation notice.

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