Notice in relation to “Administrative Measures for Personal Housing Loans from Housing Provident Fund in Jiangmen Municipality by the Management Committee of Jiangmen Municipal Housing Provident Fund”
13 February 2025
The Jiangmen Municipal Housing and Urban-Rural Development Bureau (“the authorities”) issued the “Notice in relation to “Administrative Measures for Personal Housing Loans from Housing Provident Fund in Jiangmen Municipality by the Management Committee of Jiangmen Municipal Housing Provident Fund” (“the Notice”) on 13 February 2025. The authorities proposed that employees who purchase self-occupied properties in Jiangmen Municipality and have made monthly contributions to the housing provident fund for the required period may apply for a provident fund loan. Borrowers can choose either the equal principal and interest repayment method or the equal principal repayment method to repay the provident fund loan. The Notice is effective from 1 April 2025 and remain valid until 31 March 2030.