Core Points - Shenzhen's new regulations on affordable housing aim to convert a portion of existing affordable housing projects into commercial housing, addressing market challenges and stimulating development [1][4] - The regulations allow for adjustments in the allocation of affordable housing, providing flexibility for developers and reducing pressure on the housing market [2][5] Group 1: Regulatory Changes - The new regulations will be effective from June 24, 2025, and will last for five years, consisting of 15 articles [1] - Existing projects can convert 40% of the designated affordable housing area into commercial housing, with the remaining 60% to be transferred to the government based on average plot ratio [1] - Developers can also convert 50% of the affordable housing area into commercial housing and the other 50% into rental housing without needing to apply for planning modifications [2] Group 2: Market Implications - The shift from affordable housing to commercial housing is intended to expedite the launch of existing projects, which have been stalled due to financial imbalances [4] - The adjustment aims to mitigate the impact of affordable housing on the commercial housing market, which has been experiencing a downward trend for four years [4] - The new regulations are seen as a way to activate the real estate market by addressing historical issues related to relocation and liquidity in urban renewal projects [5]
深圳发布重磅新规!这类旧改,保障房可转为商品房
Nan Fang Du Shi Bao·2025-06-20 10:17