佛山出台楼市“12条”：公积金贷款首付低至15%，放宽外籍人士购房

Core Points - The new policy aims to promote a stable and healthy development of the real estate market in Foshan, introducing 12 measures focusing on land supply, project commencement and completion, and public housing loan conditions [1][5] Land Supply Adjustments - The policy emphasizes fine-tuning land supply by increasing the recovery and reallocation of idle land, allowing for adjustments in planning and usage based on urban development needs [3] - A dual strategy is implemented to control and support the transformation of commercial land use, with restrictions on new commercial land supply while allowing for the conversion of existing undeveloped commercial land for other uses [3] Public Housing Loan Conditions - The new regulations relax public housing loan conditions, allowing for a lower down payment of 15% for certain types of affordable housing, compared to the 20% minimum for commercial housing [2] - Foreign nationals and employees with housing contributions from other regions can also apply for public housing loans under specific conditions [2] Taxation and Housing Transactions - The policy optimizes the calculation of housing transaction tax, with a new standard based on the housing count in the district where the property is located, rather than the previous broader district approach [2] - Tax rates are set at 1% for properties under 140 square meters, 1.5% for first homes over that size, and 2% for second homes, with a flat 3% for third homes regardless of size [2] Project Construction and Approval - The new measures provide detailed adjustments to project construction and approval processes, allowing for flexible timelines based on project size and enabling phased acceptance of construction projects [4] - The policy also allows for the optimization of property service fees based on quality and price alignment [4] Market Response and Trends - Following the implementation of the new policy, the Foshan real estate market is expected to gain momentum, with recent data indicating a significant increase in transaction volumes and prices [4][5] - The market has shown resilience, with year-to-date figures indicating stability in second-hand housing transactions and a slight decline in new housing sales compared to the previous year [4]