Chengdu municipal housing and urban‑rural development bureau and two other municipal departments issued implementation opinions to carry out the national Notice on Improving the Commodity Housing Sales System, introducing a deposit regime for sales of completed units. Developers intending to sell completed units must notify city or county housing authorities in writing before obtaining a construction permit; after receiving the construction permit they may sign a purchase deposit contract and co

2026-10-26

Chengdu municipal housing and urban‑rural development bureau and two other municipal departments issued implementation opinions to carry out the national Notice on Improving the Commodity Housing Sales System, introducing a deposit regime for sales of completed units. Developers intending to sell completed units must notify city or county housing authorities in writing before obtaining a construction permit; after receiving the construction permit they may sign a purchase deposit contract and collect deposits up to 5% of the unit’s total price. If the developer breaches and cannot deliver on time, the buyer may, per contract terms, seek termination of the deposit contract.

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