State-owned real estate developer Poly Developments and Holdings Group (600048.SH) took the lead in launching the 'price stabilization plan' in the real estate market, covering projects in multiple cities such as Wenzhou, Xi'an, Sichuan, Jinan, Chengdu, and Guangdong. The plan aims to stabilize market expectations and reduce the risks for homebuyers due to price fluctuations. For example, the Wenzhou Poly-Tianjun project promises that if the later online sales discount is lower than the existing buyer discount, or there are additional benefits such as property fees, parking spaces, and home decoration packages, homebuyers can cancel the purchase without reason.
Poly in Xi'an introduced the commitment of 'buying expensive can enjoy worry-free exchange; with old for new, save up to 0.1 million RMB', while over 20 projects under Poly in Sichuan participate in schemes like 'price guarantee until next year, worry-free purchase of good homes, buy expensive to guarantee minimum' . This measure not only safeguards the rights of homebuyers but also helps promote a healthy market development, and may attract more homebuyers to choose Poly projects. Some projects of Poly in Jinan, Chengdu, and Guangdong are also implementing similar commitments simultaneously.