Core Viewpoint - Shanghai has introduced new regulations aimed at enhancing the quality of residential properties, which will positively impact both developers and homebuyers by improving living conditions and increasing usable space [1][2][3]. Group 1: Key Changes in Regulations - The new regulations cover five major categories and 17 specific details, providing a comprehensive framework for improving residential quality in Shanghai [2]. - The regulations allow for larger balconies, with a maximum size of 16 square meters, which can now account for 10% of the unit size, significantly increasing the usable area for buyers [3][4]. - Architectural features such as external facades and open corridors will no longer affect the usable area calculations, encouraging developers to use high-quality materials without compromising on space [5][6]. Group 2: Impact on Developers - Developers are incentivized to adopt high-quality construction practices as the new regulations exclude certain architectural features from the floor area ratio (FAR) calculations, reducing construction costs [6][9]. - The regulations promote the creation of shared spaces and allow for underground parking structures, further enhancing the usability of residential projects [7][9]. - The new guidelines are expected to lead to a significant improvement in the overall quality of new residential projects in Shanghai, aligning with national standards for high-quality housing [12][14]. Group 3: Market Implications - The introduction of these regulations is part of a broader trend across major cities in China, with similar policies being adopted in Guangzhou, Shenzhen, and Beijing to support high-quality residential development [12][14]. - Early indicators from Guangzhou suggest that new projects under the revised regulations have better sales performance compared to traditional offerings, indicating a positive market reception [13]. - The shift towards standardized quality in housing is expected to enhance competition among developers, focusing on product quality and integrated living experiences rather than merely increasing usable space [14].
重磅,上海再出新规,影响有多大?
3 6 Ke·2025-09-27 02:19