We learned from the Tianjin Municipal Housing and Construction Commission that recently, Tianjin issued the “Notice of the General Office of the Tianjin Municipal People's Government Forwarding Certain Measures from Six Departments Including the Municipal Housing, Urban-Rural Development Commission on Further Optimizing Real Estate Policies to Better Meet the Reasonable Housing Needs of Residents” to lift restrictive housing measures. In terms of lifting restrictive housing measures, the “Notice” proposes, first, to abolish restrictive measures on the purchase and transfer of newly built commercial housing and second-hand housing in the city. Guidance on the upper sales price limit for newly built commercial housing will no longer be implemented. Second, abolish the city's standard for ordinary housing and non-ordinary housing.

We learned from the Tianjin Municipal Housing and Construction Commission that recently, Tianjin issued the “Notice of the General Office of the Tianjin Municipal People's Government Forwarding Certain Measures from Six Departments Including the Municipal Housing, Urban-Rural Development Commission on Further Optimizing Real Estate Policies to Better Meet the Reasonable Housing Needs of Residents” to lift restrictive housing measures. In terms of lifting restrictive housing measures, the “Notice” proposes, first, to abolish restrictive measures on the purchase and transfer of newly built commercial housing and second-hand housing in the city. Guidance on the upper sales price limit for newly built commercial housing will no longer be implemented. Second, abolish the city's standard for ordinary housing and non-ordinary housing.