Beijing to control pricing of city’s new homes  

北京新建商品房價格將受政府指導

北京新建商品房的出售價格將接受政府指導，新盤報價不能高于該樓盤此前成交價格，也不能高于周邊同質商品房價格，否則政府將不予發放預售許可證。

Beijing (CNS) -- The municipal government of Beijing will manage and guide the pricing of new housing in the city by tightening the issuance of pre-sale permits to real estate developers, according to the Beijing Municipal Commission of Housing and Urban-Rural Development on Wednesday.

Relevant departments in Beijing will examine the pricing of the new houses before they grant the pre-sale permits to property developers, according to Yang Bin, director of the commission.

Pricing of new houses should not be higher than previously sold houses on the same premises built by the developer, nor should it be higher than the price of same-quality commercial buildings in surrounding areas, Yang said.

The regulation is expected to be enforced this year.