[Introduction]: the opinions of the General Office of Shanghai municipal people’s government on further promoting the stable and healthy development of the real estate market clearly will further strengthen the supply and supervision of residential land, and adopt “limited house price” in some areas, bid price “transfer, improve the linkage transfer mode of house price and land price.

According to the opinions of the General Office of Shanghai municipal people’s government on further promoting the stable and healthy development of the real estate market (No. 26 [2021] of Sui Fu’s office), Shanghai will adopt “limited house prices” in some areas, bid Price transfer method.

The new deal is clear: further strengthen the supply and supervision of residential land

Strictly implement the regulation and control requirements of the classification of residential land, increase the supply scale of residential land, reasonably and moderately release the transfer information of residential land, and transfer residential land in three batches in the whole year to comprehensively improve the transparency of market information; orderly promote the implementation of Shanghai 2021 construction land supply plan to stabilize the land market expectations.

　　In some areas, the “limited house price, competitive price” transfer is adopted to improve the linkage transfer mode of house price and land price. When bidding applicants sign up, A signed letter of commitment shall be provided for the joint query results of the real estate of the assigned land and the rational bidding.

Plus-sized the supply of rental housing land. When selling commercial residential land, on the basis of “limited land price”, “competitive construction” and “competitive self-holding” in the past, increase the rental housing area allocated in the plot as a whole.

Timely, accurate and comprehensive disclosure of existing residential land information to effectively guide market expectations. Severely crack down on the behavior of covering the land and storing the land, plus-sized efforts to urge the construction of the supplied residential land.

Official interpretation:

Strictly implement the regulation and control requirements of residential land classification, increase the supply scale of residential land, transfer residential land in our city in three times, and orderly promote the implementation of “Shanghai 2021 construction land supply plan”, this year, it plans to supply 634 hectares of residential land, accounting for 25% of the total planned amount, which is 22% higher than the average annual supply of residential land in the previous five years. Improve the linkage mechanism of house price and land price, and use “limited house price and competitive land price” to transfer in some areas,Sign a rational bidding commitment letter when bidders bid for land, jointly interview and warn enterprises with irrational bidding price and house price, and strengthen supervision in the future.. At the same time, the supply of rental housing will be strengthened through overall planning to increase the rental housing area allocated in the plot. Strengthen the post-supply management of land, plus-sized the publicity of existing residential land information, severely crack down on land storage, and effectively guide the expectation of land market.