Shanghai Announces New Property Policy

Shanghai Announces New Property Policy

SHANGHAI, CHINA - MAY 28, 2024 - A residential area near Zhongshan South Road in Huangpu district, Shanghai, China, May 28, 2024. On May 27, Shanghai Municipal Housing and Urban-Rural Construction Management Committee, the Municipal Housing Administration Bureau, the Municipal Planning and Resources Bureau, the Municipal Tax Bureau and other four departments jointly issued the "Notice on Optimizing the Policies and Measures for the Stable and Healthy Development of the Real Estate Market in Shanghai". Nine policy measures were put forward, including adjusting and optimizing the housing purchase restriction policy, supporting the reasonable housing demand of families with multiple children, optimizing the housing credit policy, supporting the "old for new" and optimizing the supply of land and housing. The Notice shall come into force on May 28, 2024.

  • Product Code
  • ILEA002788533
  • Registered date
  • 2024/5/28 00:00:00
  • Credit
  • CFOTO / Kyodo News Images
  • Media source
  • CFOTO
  • Media size
  • 4200 × 2800 pixel
  • Resolution
  • 300 dpi
  • Deployment size
  • 3.36(MB)*
  • Special instruction
  • No Use China
    **The text may be generated by an automatic translation system**

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