Jinan Asks for Permission From MoH to Ease Buying Restrictions

Interesting development in the battle to ease buying restrictions. I have assumed that, behind the scenes, the Ministry of Housing put the kibosh on the cities that openly said they were cancelling buying restrictions. Now Jinan is forcing an open confrontation by publicly stating the Mayor agrees with recommendations to cancel buying restrictions, but waits for the MoH's approval.

济南回应市长批示取消楼市限购：正待住建部批

From the 2nd, network transmission, Jinan will cancel real estate purchase documents, the Jinan Municipal Construction Committee responded by saying, "Now the city is studying, have reported that the Ministry of Housing for approval."

Jinan official response, "the mayor instructed to cancel the property purchase ": studying pending

July 2, a signed by the mayor as "Jinan Urban and Rural Construction Committee" instructions to cancel the purchase of the property file to begin circulating in social networking sites, after several media accounts forwarding, fueled widespread concern.

In this regard, the Jinan Municipal Construction Committee, responded that the city is now being studied, have reported that the Ministry of Housing for approval.

Network transmission mayor agreed to cancel the purchase instructions

Qilu network correspondent noted that circulated on the Internet "on the city's real estate purchase policy adjustments instructions" mentioned in the document, "Municipal Construction Committee proposed commercial housing sales in the first half of Jinan City saw a decline and prices fall stagflation phenomenon, in order to maintain Jinan City real estate market healthy and stable development, the Municipal Construction Committee and the city housing authority after the study recommended the lifting of restrictions within the city purchase new housing and housing stock. "

Inscribed seal is displayed, the file reporting unit for the Jinan Urban and Rural Construction Committee, dated June 26, 2014.

According to the outflow of the picture, as well as the Mayor of Jinan City, Yang Lu Yu's instructions, "Urban and Rural Committee agreed to recommend to strengthen the follow-up management to prevent big ups and downs." Inscribed date is June 27.

Urban Construction Committee responded: Ministry of Housing is studying to be awarded

For the authenticity of this document circulated on the Internet, there are users according to "party official writing does not meet requirements" identified as false documents.

2 pm, Jinan City, Grange, director of Urban and Rural Construction Committee, said, "Now the city is studying, have reported that the Ministry of Housing for approval."

According to industry sources declined to be named said, as early as a month or two ago, Jinan City, Jinan Urban Construction Commission and Housing Authority and other units have been canceled the purchase of discussions in Changqing District, High-tech Zone and other area first release to cancel the purchase . From this, the city has now become all canceled.

Jinan, a city construction company traced default interest owed

Disclosed in 2013 annual report recently released by Qilu Bank, Licheng District, Jinan City Construction Comprehensive Development Company (hereinafter referred to as "Licheng District Urban Construction Company") 35,070,000 principal amount of the loan defaults and interest owed up to 6.13 million yuan.

Business information, Licheng District Urban Construction Company was founded in 1992 with registered capital of 18.06 million, was established as a wholly owned Jinan City Construction Bureau, is mainly engaged in the construction of Licheng District, the transformation of the old range of real estate development. 1990s, the cities of widespread urban development off the climax, one is the new city planning and development; second is the transformation of the old city, the new.

As a general pattern, then each jurisdiction by the District Construction Bureau, Jinan funded the establishment of a city construction company, preparing for the Construction Committee under the area of ​​public institutions, specifically undertake the task of building the city district level.


According to available information, the commercial banks publicly disclose government debt default is still rare.

Nearly half of May fell Jinan Transaction

June 23, at the National Bureau of Statistics data released prices for nearly a week later, Jinan Urban and Rural Construction Committee announced in May 2014 the city's new housing market data, May Jinan total net signed 3053 turnover of new residential units, more than 2014 4 January 1204 to reduce the sets.

From each city real estate network signed data, in May the highest volume Huaiyin District, 900 units, followed by Lixia District 805 sets, 572 sets of Licheng District, Central City 332 sets, 251 sets of high-tech zones, Changqing District 140 sets, 53 sets flyover zone.

Since January 2013, Jinan, second-hand housing prices rose by 15 consecutive months of situation. May, second-hand housing Jinan houses appeared for the first time both fell within two years, although the market demand is still, watching the atmosphere increasingly strong, many buyers waiting for lower prices.