Guangzhou: Down payments collected by real estate development enterprises shall not exceed 5% of the total housing price.

Guangzhou Municipal Housing and Urban-Rural Development Bureau, Guangzhou Municipal Planning and Natural Resources Bureau, and Guangdong Regulatory Bureau of the National Financial Regulatory Administration: Implementation Opinions on the Implementation of the Notice on Improving the Commodity Housing Sales System. If a real estate development enterprise collects a deposit for the sale of completed housing, it shall obtain the construction permit for the residential building construction project and sign a housing purchase deposit contract with the buyer. The deposit collected by the real estate development enterprise shall not exceed 5% of the total housing price. The housing purchase deposit contract shall stipulate the deposit amount, the selling price of the commodity housing, the delivery time, and the liability for failure to perform on schedule. The Guangzhou Housing Transaction Supervision Center shall specifically undertake the supervision of deposits for completed housing. The deposit for completed housing paid by the buyer shall be deposited in full into the deposit supervision account, and the deposit shall not be used during the supervision period. After the project completion acceptance filing is completed, water, electricity, gas, and other supporting facilities meet delivery conditions, and the supporting public service facilities for the residential area independently set up within the residential land have passed completion acceptance, the project deposit supervision shall be lifted and the supervision account shall be canceled.