B · Normal
[Shenzhen: Increase development loan support for existing home sales projects and safe, comfortable, green and smart "good house" projects] On October 15th, Shenzhen issued implementation opinions on the implementation of the "Notice on Improving the Commodity Sales System". It proposed to increase financing support. For projects that obtain pre-sale licenses after August 28, 2026, personal housing loans (including provident fund loans) can be issued only after completion and filing. Loan funds should be paid to the capital supervision account through entrusted payment methods.
Increase support for development loans for existing home sales projects and safe, comfortable, green and smart “good house” projects. The lending bank shall reasonably determine the investment node and amount according to the project construction progress, and issue development loans in batches. The loan funds shall be entrusted to the account of the project company's transaction partner through the capital account opened at the host bank, and all of them shall be used for project construction. 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.
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