Dalian property market new policy: lowering the lower limit of housing loan interest rates to support the destocking of non-residential commercial housing

[new deal in Dalian property Market: lowering the floor of Housing loan interest rates to support the destocking of non-residential Commercial Housing] the Office of the leading Group on maintaining the stable and healthy Development of the Real Estate Market in Dalian issued a notice on further promoting the stable and healthy Development of the Real Estate Market in Dalian. The notice makes it clear that the interest rate floor of the first commercial housing loan issued in the third quarter of 2023 will be lowered, and the specific reduction will be determined by the Dalian market interest rate pricing self-discipline mechanism under the guidance of the people's Bank of China and the Banking and Insurance Supervision Bureau. The notice also proposes to further support the destocking of new non-residential commercial housing. From the date of promulgation of the notice to December 31, 2023, if an individual or unit buys new non-residential commercial housing in four districts of the city (subject to the filing time of the online signature of the commercial housing sales contract), after obtaining the real estate certificate, a house purchase subsidy shall be given according to 3% of the transaction volume recorded by the online signature, and the housing purchase subsidy shall not exceed the total deed tax paid by the buyer. We will encourage and support all regions to introduce policies and measures to stabilize housing consumption in the light of their actual conditions and local conditions, and actively study supporting policies such as housing purchase subsidies, non-residential denaturalization, group purchase of commercial housing by enterprises, and so on, in combination with the process of urbanization and industrial development in the region, to promote the real estate destocking work.