According to the Bureau of Land Resources & Housing Management of Guangzhou, Guangzhou is formulating housing rental reference prices. After several rounds of verification, the work has now entered the final stage and the reference prices will be announced soon.

Housing rental reference prices are of very important practical and guiding significance for both leasers and renters. The prices will help them to reach a satisfactory result and provide directional guidance to the real estate leasing market.

Based on the city's leasing information, the reference prices are formulated by the municipal Bureau of Statistics, the Price Control Administration, the Municipal Office of State Administration of Taxation and related research institutions. In order to set appropriate reference prices, the government called on leasing agencies to provide related information more actively. For the convenience of their submission, rental information can be sent via emails beginning in the second half of 2007.

Editor: Yan