B · Normal
[Guangzhou: Increase development loan support for existing home sales projects and safe, comfortable, green and smart "good house" projects] On September 30, the Guangzhou Municipal Housing and Urban-Rural Development Bureau, the Guangzhou Municipal Planning and Natural Resources Bureau, and the Guangdong Supervision Bureau of the State Financial Supervision and Administration Bureau issued implementation opinions on the implementation of the "Notice on Improving the Commercial Housing Sales System." For projects that implement existing home sales and pre-sales, the reasonable financing needs of the projects shall be met in accordance with market-oriented principles, and development loan issuance shall be matched with the project construction cycle. Increase support for development loans for existing home sales projects and safe, comfortable, green and smart “good house” projects. The lending bank should reasonably determine the investment node and amount based on the project construction progress, and issue development loans in batches. The loan funds should be entrusted to be paid to the account of the project company's transaction partner through the capital account opened at the host bank, and all of them will be used for project construction.
Futures Market Intelligence 🕐 2026-09-30 09:51

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