Group 1 - The Hainan Provincial Department of Housing and Urban-Rural Development announced the cancellation of the ordinary and non-ordinary residential standards, which will affect land value-added tax and housing transaction deed tax according to national and provincial policies [1][2] - The notification states that taxpayers selling ordinary standard residential properties with an appreciation not exceeding 20% of the deductible project amount will continue to be exempt from land value-added tax [1] - Families with two or more children applying for commercial loans to purchase residential properties will have their housing count reduced by one if they already own a property in the same city or county [1] Group 2 - The province will steadily advance the acquisition of existing commercial housing for use as affordable housing, and for the renovation of urban villages and dilapidated houses [2] - The use of housing provident fund gains to acquire a certain amount of existing commercial housing for public rental housing will continue, and there will be plans to utilize affordable housing re-loans for this purpose [2] - In areas with high inventory periods for commercial housing, local governments are encouraged to prioritize the "purchase instead of construction" method for resident relocation during urban renewal [2]