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<CN Home>Shenzhen: Existing Apartment-Style Residences Can Be Used as Affordable Rental Housing
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The Shenzhen Municipal Housing and Construction Bureau recently issued the "Notice on the Use of Apartment-Style Residences as Affordable Rental Housing for Social Entities". This notice will be effective from September 30, 2024 for a period of two years.

According to the notice, existing apartment-style residences used as socially affordable rental housing must be completed and in use, with a property purpose including being business apartments or apartments. In addition, they must meet the conditions outlined in the recognition method for clearly defined property rights of existing residential projects, including that the housing source, in principle, must have ownership certification documents.

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