On August 31, the Shanghai Land Market completed the eighth batch of centralized residential land sales. This is the first land concession event held in a core city since the Ministry of Housing, Urban-Rural Development, the Ministry of Natural Resources, and the General Administration of Financial Supervision jointly issued the “Notice on Improving the Commercial Housing Sales System” on August 28. A total of two parcels of land were sold in this round, namely the “True Heart” commercial and residential complex in Putuo District and low-density pure residential land in Sijing, Songjiang District. Both parcels of land were sold, with a total collection of 15.601 billion yuan. The 10 billion “land king” is certainly the focus of the market, but what the industry is more concerned about is whether the newly sold land will implement an existing housing sales system in accordance with the requirements of the New Deal. In response, a relevant person from Zhonghai Real Estate Shanghai said that it is currently uncertain and that it is necessary to wait for the Shanghai side's implementation rules to be introduced. This attitude also reflects the current general mentality of most housing enterprises, waiting for further implementation of the policy while waiting for further implementation of the policy. However, some people in housing enterprises believe that although local rules have not yet been implemented, policies have already been put in place and the general direction has already been decided.

On August 31, the Shanghai Land Market completed the eighth batch of centralized residential land sales. This is the first land concession event held in a core city since the Ministry of Housing, Urban-Rural Development, the Ministry of Natural Resources, and the General Administration of Financial Supervision jointly issued the “Notice on Improving the Commercial Housing Sales System” on August 28. A total of two parcels of land were sold in this round, namely the “True Heart” commercial and residential complex in Putuo District and low-density pure residential land in Sijing, Songjiang District. Both parcels of land were sold, with a total collection of 15.601 billion yuan. The 10 billion “land king” is certainly the focus of the market, but what the industry is more concerned about is whether the newly sold land will implement an existing housing sales system in accordance with the requirements of the New Deal. In response, a relevant person from Zhonghai Real Estate Shanghai said that it is currently uncertain and that it is necessary to wait for the Shanghai side's implementation rules to be introduced. This attitude also reflects the current general mentality of most housing enterprises, waiting for further implementation of the policy while waiting for further implementation of the policy. However, some people in housing enterprises believe that although local rules have not yet been implemented, policies have already been put in place and the general direction has already been decided.