Suzhou shakes up residency rules
3 months, 3 weeks ago

Suzhou shakes up residency rules

China Daily  

The city of Suzhou in East China's Jiangsu province has announced the scrapping of all restrictions on homebuying from Sunday. No qualifications will be required for buying a residential property in Suzhou, and non-local people who have obtained residential properties legally for living can apply for permanent resident status in the city, according to the 16-item measures notification published on the official WeChat account of the Suzhou government on Sunday. Taking immediate effect, the policies seek to further strengthen the stable and healthy development of the local property market by offering diversified high quality residential properties, and promoting the real estate sector's healthy development with optimized services, as well as meeting rational home living requirements by lowering costs, the notice said. With the implementation of these policies, it is hoped to create a new model of property development at an accelerated pace, and to further meet people's inelastic and diversified home living requirements, it added.

Suzhou  living  diversified  development  rules  shakes  suzhou  properties  property  residency  residential  requirements  policies  healthy

History of this topic

Key Chinese cities adjust buying regulations to boost real estate market
2 months ago

Key Chinese cities adjust buying regulations to boost real estate market

China Daily  

A saleswoman shows a model of a newly developed residential area to a potential homebuyer in Urumqi, the capital city of Xinjiang Uygur autonomous region. TIANJIN — North China's Tianjin municipality abolished restrictive measures on home buying on Wednesday, marking another major Chinese city to adjust housing purchase policies to stabilize the real estate market. Individuals who purchase commodity housing …

Shanghai to further optimize local property policies
2 months, 3 weeks ago

Shanghai to further optimize local property policies

China Daily  

Potential homebuyers check models of housing projects at a real estate agency in Shanghai in April. WANG RONGJIANG/FOR CHINA DAILY Shanghai, China's economic hub, announced late Sunday that it will further optimize local property policies to better meet people's living demand, including lowering the threshold for non-local buyers, reducing down payment for both first-time and second home purchase, and expand …

China exploring reforms in housing sales system to revitalize property sector
3 months, 3 weeks ago

China exploring reforms in housing sales system to revitalize property sector

China Daily  

Potential homebuyers look at property models in Huaian, Jiangsu province. BEIJING - China is pursuing reforms in its housing sales system with a shift from the traditional pre-sales practice -- homes being sold before construction is complete -- as part of a broader effort to steer the property sector to a healthy and sustainable path. "We will strongly and orderly …

Shanghai rolls out new measures to boost property market
6 months, 3 weeks ago

Shanghai rolls out new measures to boost property market

China Daily  

This photo taken on Nov 3, 2023 shows a city view of Shanghai at sunrise. Encompassing nine specific measures, the move aims to meet the diversified living needs of residents in an improved manner. Major measures include easing home-purchase restrictions further for non-Shanghai residents and divorced couples, allowing families with two or more children to purchase an additional home, and …

New real-estate development mode key to solving housing market woes
9 months, 1 week ago

New real-estate development mode key to solving housing market woes

China Daily  

A salesman introduces a residential project to potential homebuyers in Taiyuan, Shanxi province. The policies recently announced by the top authorities indicate that the country will strive to seek breakthroughs by stabilizing the market, preventing risks and promoting transformation, while actively building a new mode of real estate development. Although the task of stabilizing the real estate market is still …

Property policies set to be optimized in first-tier cities
1 year, 4 months ago

Property policies set to be optimized in first-tier cities

China Daily  

Potential homebuyers check out housing projects at a real estate agency in Beijing, June 24, 2023. Local housing authorities in some first-tier cities, including Beijing, Shenzhen and Guangzhou, will put latest property policies in place, better meet people's basic and upgraded demand for housing, promoting the stable and healthy development of the real estate market. According to the meeting, it …

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