On October 24, the Suzhou Housing and Urban-Rural Development Bureau, the Suzhou Municipal Bureau of Natural Resources and Planning, and the Suzhou Supervisory Branch of the State Financial Supervision Administration jointly issued implementation opinions to implement the requirements of the “Notice of the Ministry of Housing, Urban-Rural Development, Ministry of Natural Resources, and the General Financial Supervision Administration on Improving the Commercial Housing Sales System”. The document clearly states that commercial housing projects that sell new land from August 28, 2026 will “give priority to the sale of existing homes”, and in principle, the deposit for the sale of existing homes will not exceed 3% of the total purchase price. This is Jiangsu's first implementation opinion on the “828 New Deal.”
Zhitongcaijing · 1d ago
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On October 24, the Suzhou Housing and Urban-Rural Development Bureau, the Suzhou Municipal Bureau of Natural Resources and Planning, and the Suzhou Supervisory Branch of the State Financial Supervision Administration jointly issued implementation opinions to implement the requirements of the “Notice of the Ministry of Housing, Urban-Rural Development, Ministry of Natural Resources, and the General Financial Supervision Administration on Improving the Commercial Housing Sales System”. The document clearly states that commercial housing projects that sell new land from August 28, 2026 will “give priority to the sale of existing homes”, and in principle, the deposit for the sale of existing homes will not exceed 3% of the total purchase price. This is Jiangsu's first implementation opinion on the “828 New Deal.”
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