--- title: "Shanghai's property tax pilot program adjusts for the first time in 14 years, responding to the \"Six Policies of Shanghai\" to better promote the release of housing consumption demand" description: "The Shanghai Municipal Finance Bureau has announced a notice regarding the optimization and adjustment of the pilot policy for individual housing property tax, marking the first substantial adjustment" type: "news" locale: "en" url: "https://longbridge.com/en/news/258158390.md" published_at: "2025-09-20T00:21:20.000Z" --- # Shanghai's property tax pilot program adjusts for the first time in 14 years, responding to the "Six Policies of Shanghai" to better promote the release of housing consumption demand > The Shanghai Municipal Finance Bureau has announced a notice regarding the optimization and adjustment of the pilot policy for individual housing property tax, marking the first substantial adjustment since the pilot began in 2011. This policy corresponds with the "Six Measures" for real estate released at the end of August, aiming to promote the release of housing consumption demand. The real estate market is showing positive trends, with significant changes in the new housing market, heightened enthusiasm among developers for selling houses, and a notable increase in subscription rates Yesterday, the Shanghai Municipal Finance Bureau's official website announced the "Notice on Optimizing and Adjusting the Pilot Policies for Individual Housing Property Tax in the City," which has attracted significant attention from the public. This is the first substantial optimization and adjustment of the property tax pilot policy since Shanghai began piloting the collection of individual housing property tax in 2011. The policy was issued by the Shanghai Municipal Finance Bureau and the Shanghai Municipal Taxation Bureau of the State Administration of Taxation, and it aligns with the "Six Policies" for Shanghai's real estate released at the end of August. Experts indicate that a series of policies related to financial taxes and fees will better promote the release of housing consumption demand. In fact, after the release of the "Six Policies" for real estate, the real estate market has shown positive momentum, with significant changes in the new housing market. Developers' enthusiasm for selling houses has been stimulated, and they have begun to sprint towards the "Golden September." As of September 19, there are nearly 40 new housing projects in Shanghai that are currently being subscribed, opened, or planned to be opened, setting a new monthly high for 2025. According to incomplete statistics, the new projects launched in the first half of this month are mainly concentrated in areas outside the outer ring road. The market has also welcomed a small peak in subscriptions. The first-day subscription rates for Minhang Meilong Poly Haishangyin and Minhang Lanxianghu Xiangyu Lanhxiang both exceeded 100%, while the first-day subscription rate for Putuo Taopu Runyun Jinmao Mansion was 91%, and the first-day subscription rate for Baoshan Yangxing Jinmao Tangqian was also close to 80% ### Related Stocks - [00817.HK - CHINA JINMAO](https://longbridge.com/en/quote/00817.HK.md) ## Related News & Research | Title | Description | URL | |-------|-------------|-----| | 中國金茂控股完成了證券的全額贖回 | 中國金茂控股集團有限公司已在首次重置日期完成了所有未償還證券的贖回,未剩餘任何金額。該公告通過香港證券交易所的發行人信息服務發佈 | [Link](https://longbridge.com/en/news/275453826.md) | | 中國金茂以 3.22 億美元出售位於海南三亞的五星級麗思卡爾頓酒店 | 中國金茂控股在中國房地產低迷的背景下,以 3.22 億美元出售其擁有的三亞麗思卡爾頓酒店的旅遊子公司。此次出售旨在重組資產並改善流動性。這家以穩定運營著稱的酒店以其淨資產價值的 6% 溢價出售。公告發布後,中國金茂的股價下跌了 0.8% | [Link](https://longbridge.com/en/news/270708339.md) | | 東亞全年派息少 11.6% 李民斌強調派息比率 50% 盈利正常化後增股息 | 東亞銀行去年純利下跌 24% 至 35.01 億元,第二次中期股息減 42% 至每股 0.22 元,全年股息減 11.6% 至 0.61 元。股價一度急挫 13.8%。聯席執行長李民斌表示,盈利及股息減少主要因內地聯營公司及重估投資物業錄得 | [Link](https://longbridge.com/en/news/275882077.md) | | “我快要退休了”:我拖欠了房產税。現在是賣房子的糟糕時機嗎? | 一位房主因未支付的物業税面臨每月抵押貸款支付顯著增加,這引發了他對退休臨近時財務穩定性的擔憂。該個人正在考慮出售房屋以減輕債務,但對潛在的長期後果感到憂慮,包括住房不安全和信用受損。當前市場條件下,利率上升和房屋銷售下降使得這一決定更加複雜 | [Link](https://longbridge.com/en/news/276166496.md) | | ‘我快要退休了’:我拖欠了房產税。現在賣房子是不是一個非常不合時宜的時機? | 一位房主由於未支付的物業税面臨抵押貸款支付的大幅增加,這引發了他們在接近退休時的財務穩定性擔憂。他們正在考慮出售房屋以減輕債務,但由於當前住房市場面臨的挑戰,包括利率上升和房屋銷售下降,他們不確定是否是出售的好時機。專家建議在做出出售這一重 | [Link](https://longbridge.com/en/news/276065544.md) | --- > **Disclaimer**: This article is for reference only and does not constitute any investment advice.