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Chengdu city allows developers to use 95% of pre-sale housing funds (Global Times)

Real estate regulator in Chengdu city, Southwest China’s Sichuan Province announced on Wednesday the raising of the cap of usable pre-sale housing funds to a maximum of 95 percent for developers, aimed at stimulating local property sector.

Chengdu city allows developers to use 95% of pre-sale housing funds – Global Times