Guangzhou City, Measures for the Administration of the Sale of Commodity Residential Premises with Price Restriction (Trial Implementation)
广州市限价商品住宅销售管理办法(试行)
Guangzhou releases new types of residential premises for the middle-income group.
Date:
April 2008
CLP Reference: 4100/08.01.03
Promulgated: 03 January 2008
Keywords (click to search): [commodity residential premises with price restriction] [middle-income group] [Guangzhou housing policy]
Issued: January 3 2008
Effective: as of the date of issuance for a period of three years
Applicability: Conghua City and Zengcheng City shall formulate corresponding measures with reference to these Measures and take into consideration their local situation (Article 24).
The term “commodity residential premises with price restriction” (Premises with Price Restriction) refers to commodity residential premises developed, built and sold in strict accordance with restrictions on the selling price, unit area of the premises and sales targets, etc. imposed by the government at the time of public grant of land used for commodity residential premises, by the development and construction work unit that obtains the leasehold through public competition (Article 2).
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