In February, Zhongshan approved 740 applications for public housing fund loans, up 9.47% from a month earlier. The total amount of loans increased 8.5% to 355 million yuan from January's total.

Among February's applications, 570 of them worth 280 million yuan, were used to purchase new houses. These new home loans accounted for 78.96% of the total amount. The other 170 loan applications, worth 75 million yuan, went to second-hand housing purchases. This figure accounted for the other 21.04% of the total.

Recently, Zhongshan has seen a healthy development in the real estate market. The number of public housing fund loan rejections has been noticeably reduced. All local real estate companies accept public housing fund loan applications by those who are employed.

In the first two months of 2019, those public housing fund loans approved and issued in Zhongshan involved 114 real estate enterprises.