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[Hefei introduces new property market policies: Commercial housing projects on newly transferred land parcels can only be pre-sold after capping Prioritize sales of existing homes] On October 26, Hefei Municipal Housing Security and Real Estate Administration Bureau, Hefei Municipal Urban and Rural Development Bureau, Hefei Municipal Natural Resources and Planning Bureau, Hefei Municipal Housing Provident Fund Management Center, and the Anhui Supervision Bureau Office of the State Financial Supervision and Administration Bureau jointly issued the "Implementation Opinions on the Implementation of the "Notice on Improving the Commercial Housing Sales System", and introduced a package of measures to improve the commercial housing sales system and build a new real estate development model. It is clarified that if a commercial housing project with a new transfer announcement is to be pre-sold, the main structure of the single building must be capped; for new land transfer projects, priority will be given to existing houses for sale.
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