Yantai Photography Linbo

65438+1October 18, the Housing and Construction Bureau of Yantai City, Shandong Province issued the Notice on Implementing Incentive Measures for Real Estate Development Enterprises in Yantai City in 2020, pointing out that the proportion of pre-sale supervision funds for real estate enterprises with high credit rating should be released, and it should be lowered by 3 to 5 points according to the credit rating.

On June 65438+1October 65438+September, Fuzhou Urban and Rural Construction Bureau of official website issued "Three Efforts to Strengthen the Supervision of Pre-sale Funds of Commercial Housing Projects in Our City", clarifying that the supervision amount of pre-sale funds of newly-built commercial housing projects should not be less than 1.2 times of the total project cost in principle, and the pre-sale funds of commercial housing within the supervision amount should be allocated and used according to the construction progress node. This is obviously stricter than the previous policy.

One is to relax the supervision of pre-sale funds of commercial housing, and the other is to continue to strengthen. Why are the operations of the two cities completely opposite? Will the supervision of pre-sale funds of commercial housing continue to be relaxed in the future?

"The corresponding measures introduced by Yantai this time are related to the city itself. Just adjusting a few percentage points will not help the enterprise itself, let alone ease the financial pressure. "

Yu Xiaoyu, director of Han Yizhiku, told the reporter of National Business Daily that the fundamentals of different cities and real estate markets are quite different. If unfinished projects are common in a city, the high probability policy will not show signs of relaxation. Because of the stronger demand support, the core cities in the future will also be key areas with concentrated population, and it is difficult to loosen the supervision policy of pre-sale funds.

Source: Yantai Housing and Construction Bureau website

Yantai has the conditions to relax capital supervision.

Yantai Housing and Construction Bureau has made it clear that it will implement corresponding incentive measures for trustworthy enterprises in accordance with the Measures for the Supervision of Pre-sale Funds of Commercial Housing in Shandong Province. For development enterprises with AAA credit rating, reduce the retention ratio of pre-sale supervision funds of commercial housing by 5 percentage points; For development enterprises with AA credit rating, the retention ratio of supervision funds for pre-sale of commercial housing will be reduced by 3 percentage points. After the above-mentioned 3%-5% pre-sale funds are deregulated, they must be used first to pay the wages of migrant workers.

In fact, cities have also made similar adjustments to the supervision policies of commercial housing pre-sale funds before.

Last year165438+123 October, Chengdu Housing and Urban-Rural Development Bureau issued the Notice on Accurately Responding to the Impact of the Epidemic and Fully Realizing the Annual Target, demanding to improve the efficiency of supervision and use of real estate pre-sale funds. If the credit rating of an enterprise is Grade A or above, a foreign bank guarantee can be used to replace the corresponding reduced supervision quota. At the two nodes where the main structure of the project is completed for three quarters and the main structure is capped, the upper limit of the pre-sale fund withdrawal ratio within the supervision quota is increased by 5% respectively; After the parallel completion and acceptance of the project, the proportion of pre-sale funds within the supervision quota can reach 95%.

In this regard, Yu Xiaoyu analyzed to the reporter of the National Business Daily that the strict supervision of pre-sale funds itself is to prevent the problem that the project is unfinished and cannot be delivered on time, and fundamentally to protect the rights and interests of consumers. Appropriately relaxing the supervision of pre-sale funds in Yantai can be regarded as a moderate adjustment on the basis of ensuring the normal delivery of houses, and the adjusted funds are first used to pay the wages of migrant workers.

Lin Bo, general manager of Ke Rui Research Center, told reporters that the different practices of Yantai and Fuzhou in the supervision of pre-sale funds of commercial housing are actually based on the policy of the city, and the starting points of different places are different. For example, after the lifting of the ban on Yantai's pre-sale supervision funds, it must first be used to pay the wages of migrant workers. And strengthening supervision is because the risk of unfinished real estate projects is increasing.

The general direction will still be strict and tight.

The reporter of China Business Daily noticed that many cities, including Lianyungang, Sanming, Tianjin, Qinhuangdao, Zhenjiang, Hengyang, Zhangzhou, Lanzhou, Xuchang, Shanghai, Chongqing and Beijing, have issued relevant documents, focusing on strengthening the supervision of pre-sale funds for new commercial housing and maintaining the stable and healthy development of market transactions.

Only within110 days of last year10, seven cities, including Beijing and Shijiazhuang, issued relevant regulations on the supervision of upgraded pre-sale funds.

Measures taken by Yantai to relax the supervision of pre-sale funds of commercial housing this time. Jaco, dean of the branch of Anjuke Real Estate Research Institute, said that there are certain thresholds and corresponding conditions behind relaxing the supervision of pre-sale funds, not for the whole industry, but for some enterprises with good credit status, which has no universal significance.

"Relaxation is a fine-tuning under the original tight situation, and it is possible to bail out enterprises in the short term. In the long run, the supervision of pre-sale funds will still be in a relatively strict state, and even the possibility that pre-sale funds will not be allowed to move in the future will not be ruled out. " Zhang Huadong, vice chairman and chief researcher of Han Yizhiku, told reporters.

It is worth mentioning that there have been market rumors recently that the housing management department will relax the use of funds for developers to pre-sell commercial housing. This has also attracted the attention of the industry.

"The general direction is that the supervision policy of pre-sale funds for commercial housing is tight, and the supervision of pre-sale funds in most areas is strict, which is the same direction in the past two years."

Jaco said that under the background of current economic stability, it is particularly important to stabilize the expectations of real estate enterprises. Under the policy of depending on the city, we can also consider flexibly adjusting the supervision policy of commercial housing pre-sale funds, especially for real estate development enterprises with different credit qualifications, which can not only form an incentive effect, but also be conducive to the promotion of development projects.