SHANGHAI, September 29, 2026: Shanghai has issued new implementation measures for commercial-housing sales, including rules governing deposits paid by homebuyers.
Under the measures, property developers can sign a purchase-deposit agreement after obtaining a construction permit, while the deposit will generally be capped at 3% of the total purchase price.
China Financial News reported the measures.
Rules for deposits
The policy is designed to provide clearer rules around deposits during the home-purchase process. If a developer breaches the contract and cannot deliver the property as agreed, the buyer may have rights to cancel the deposit agreement and receive the deposit back in accordance with the contract and applicable law.
Property-market stabilization
Shanghai’s measures come as Chinese authorities continue efforts to stabilize the property sector and improve confidence in the housing market.
Read NewsNationOnline’s report on China’s property-market conditions.
Local implementation
The new measures apply to Shanghai and form part of the city’s local implementation of national housing-policy reforms. Their effects will depend on how developers, buyers and regulators apply the rules in practice.
Source: China Financial News.
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