Policy News - Sichuan has announced the cancellation of the distinction between ordinary and non-ordinary residential standards, allowing certain residential properties to enjoy land value-added tax exemption if the appreciation does not exceed 20% after deductions [1] - Hangzhou has introduced new policies to support employees in using housing provident funds for purchasing affordable housing, allowing withdrawals for down payments and rent payments [2] - Zhengzhou is seeking public opinion on adjusting the age limit for housing provident fund loans, extending the maximum loan term to 68 years for men and 63 years for women [3] - Xiamen has optimized its housing compensation policy, allowing residents to choose from a wider range of housing options, including new homes and second-hand properties [4] Market News - The People's Bank of China has maintained the 5-year and 1-year Loan Prime Rates (LPR) at 3.6% and 3.1% respectively, unchanged for five consecutive months [5] - In Hangzhou, two residential land parcels were sold for a total of 4.47 billion yuan, with an average premium rate of 63.7% [6] - Xiamen's land auction generated 8.829 billion yuan from four parcels, with the highest premium rate at 12.34% for the Wuyuanwan parcel [6] - Nanjing sold nine residential land parcels for a total of 8.463 billion yuan, with a premium rate of 7.1% for one competitive parcel [7] Company News - Binhai Group reported a net profit of 3.791 billion yuan for 2024, with a 32.94% year-on-year increase in revenue [8] - Shoukai Group's revenue for 2024 was 24.213 billion yuan, down 49.31% year-on-year, with a net loss of 8.141 billion yuan [8] - China Communications Real Estate plans to transfer its real estate development assets and liabilities to its controlling shareholder to shift towards a light asset operation model [8]

Core Viewpoint - Hubei province's Xiaogan city has implemented a new housing provident fund policy, enhancing loan limits and reducing down payment requirements to support homebuyers [1] Summary by Categories Loan Policy Adjustments - The maximum housing provident fund loan limit has been raised to 600,000 yuan, with specific groups eligible for a maximum of 720,000 yuan [1] - The restriction on "first-time loans" has been removed, allowing citizens to use the fund for purchasing homes for themselves, children, or parents [1] Down Payment Changes - The down payment requirement for second homes has been reduced from 30% to 20%, with the loan-to-value ratio increased to 80% of the total property price [1] Withdrawal Policy Expansion - The scope for fund withdrawals has been broadened, introducing a new category for "child-friendly renovations," allowing families with two or more children to withdraw up to 100,000 yuan [1] - The withdrawal limit for elderly-friendly renovations has also been increased to 100,000 yuan [1]

同日， 浙江省 直住房公积金中心改进住房公积金提取机制，推出了省直公积金账户余额直接冲抵公积金贷款业务。 另外， 广西桂林 调整了住房公积金使用政策，其中提出，降低购买保障性住房贷款首付比例至15%，购建自住住房 超过两年提取额度变高，支持二套住房贷款提取公积金。 近日，多地出台购房新政。 3月20日， 湖南省长沙县 发布通知，要求房企实施购房"7天无理由退订"承诺，进一步提振房地产市场信心，保障消 费者权益。 长沙县推购房7天无理由退订 3月20日，据"微星沙"公众号消息，湖南省长沙县住房和城乡建设局发布了《关于落实购房订金保护期的通知》，要 求房企实施购房"7天无理由退订"承诺，进一步提振房地产市场信心，保障消费者权益。 根据文件规定，购房者在签订认购书后的7个自然日内，可无理由申请退还订金；超过7天，订金将自动转为定金。 相关条款须明确写入认购书，确保执行透明。这一政策直击房屋交易中长期存在的"定金与订金混淆"痛点，通过设 置"冷静期"，有效缓解购房者的资金安全焦虑。 此外，长沙县同步发布"现房楼盘名单"（入选条件：已办理不动产首次登记）。业内人士指出，此举不仅倒逼房企 提升综合竞争力，还将强化购房者与 ...

Core Points - Shenzhen Municipal Housing Provident Fund Management Committee has announced adjustments to housing loan and interest subsidy policies to better meet the housing needs of employees and enhance the protective role of the housing provident fund system [1][2] - The new policies will take effect on March 24, 2025 [1] Summary by Sections Loan Amount Adjustments - The maximum individual loan amount has been increased from 500,000 yuan to 600,000 yuan, and the maximum family loan amount has been raised from 900,000 yuan to 1,100,000 yuan [1] - The floating rate for purchasing the first home in Shenzhen has been increased from 20% to 40%, while the floating rate for families with multiple children has been raised from 10% to 50% [1] - The maximum floating rate can reach up to 110%, allowing individuals to borrow up to 1,260,000 yuan and families up to 2,310,000 yuan [1] Dynamic Adjustment Mechanism - The dynamic adjustment mechanism will be optimized based on the previous year's housing provident fund loan rate, allowing for adjustments to the floating rate or suspension of the floating rate [1] Loan Accessibility Enhancements - The loanable amount has been increased from 14 times the account balance to 16 times, while still adhering to the maximum limits [2] - A new "loan repayment offset" service has been introduced, allowing employees to use both their and their spouse's provident fund account balances to offset the principal and interest of the housing loan [2] Policy for Non-Local Contributors - The restrictions on household registration and first home status for non-local contributors applying for housing loans in Shenzhen have been removed [3]