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<CN Home>Dongguan Lifts Restrictions on No. of Yrs Commodity Homes Can be Transferred; Min. Down Payment Ratio Uniformly Set at 15%
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The Dongguan Ministry of Housing and Urban-Rural Development (MOHURD) and other government departments issued a notice, stating that the restriction on the number of years a commodity housing (including first- and second-hand housing) can be transferred is cancelled. Commercial housing can be listed for sale after obtaining the real estate ownership registration certificate. The notice shall take effect immediately.

For residential households that purchase homes with loans, there is no more difference between the first- and second-hand homes in terms of commercial personal housing loans, and the minimum down payment ratio is uniformly set at 15%.

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