en.Wedoany.com Reported - On June 3, the Guangzhou Municipal Bureau of Housing and Urban-Rural Development released its 2026 annual housing development plan, specifying that this year it plans to approve pre-sale commercial residential building floor area of 4.483 million square meters, supply 216.5 hectares of commercial residential land, and raise and build 30,000 affordable housing units (households).
To stabilize the real estate market, Guangzhou will support housing consumption and encourage districts to issue various forms of subsidies based on local conditions. At the same time, it will deepen the "Four Good" initiative, establish and improve a standard system for building "good homes," and create a number of demonstration projects. Guangzhou also supports residents in "selling old to buy new," smoothing the chain of first- and second-hand housing replacement, and actively promotes the destocking of commercial housing, supporting the lawful conversion of vacant commercial office buildings into student dormitories, medical facilities, elderly care, and other uses.
In accelerating the construction of a new model for real estate development, Guangzhou will promote urban renewal with high quality and actively guide social capital participation. Guangzhou will establish and improve a linkage mechanism for the "people, housing, land, and money" factors, reasonably determine housing demand, scientifically arrange land supply, and guide financial resource allocation, achieving the alignment of people with housing, housing with land, and housing with money. At the same time, it will improve basic real estate systems and orderly prevent and resolve real estate risks.
This year, Guangzhou will leverage the supporting role of the housing provident fund, improve the "three-dimensional, multi-level, and wide-coverage" housing provident fund security system, and steadily promote the participation of flexible employment personnel in the housing provident fund system. Guangzhou supports residents' housing consumption needs such as purchasing commercial residential and affordable housing, rental housing, and renovation of dilapidated old houses, increasing support for families with children. It will optimize the policy for converting commercial housing loans to housing provident fund loans to reduce residents' burdens. It will strengthen cross-regional cooperation in the housing provident fund within the Greater Bay Area, deepen the brand building of "Bay Area Provident Fund Connect," promote the implementation of cross-border RMB settlement services for the housing provident fund, and further support Hong Kong and Macao residents in using the housing provident fund.
This year, Guangzhou adheres to a combination of monetary and physical methods, as well as rental and sale allocation, determining construction and procurement based on demand to optimize the supply of affordable housing. It will broaden channels for raising affordable housing, expand land sources by revitalizing inefficient land use, and raise affordable housing more through stock conversion. It will actively promote the acquisition of existing commercial housing for use as affordable housing and implement the allocation of affordable housing in urban village renovation projects. In terms of operation and management, Guangzhou will improve the housing security policy system, refine the mechanisms for raising, building, applying, reviewing, allocating for rent and sale, and supervising the operation of affordable housing, and issue and implement standardized policies for managing affordable rental housing.
In terms of urban renewal, Guangzhou will improve the policy and legal framework for urban renewal this year, continuously enhancing the comprehensive legal system covering all areas and processes of urban renewal. It will explore the establishment of an integrated promotion mechanism for urban renewal, supporting professional operating agencies to intervene early and advance the renovation and operation of urban renewal projects in an integrated manner. It will focus on promoting the renovation of six urban renewal areas: Beijing Road–Hongqiao Street, Jiangnan West–Changgang, Shangxiajiu–Shamian, Yuancun–Racecourse, Sanyuanli, and Guangzhou North Station–Airport. It will steadily advance the renovation of urban villages, concentrating resources and efforts to promote four key areas and 52 urban village renovation projects with special loans, classify and handle 109 old-model projects, and strive to achieve significant progress within three years. Guangzhou will establish an integrated promotion mechanism for urban health checks and urban renewal, prioritize resettlement, and promote the optimization of urban space, improvement of functions, and renewal of industries. At the same time, it will adhere to diversified and linked renovation, build a number of innovative industrial communities and commercial communities at a high level, and create a number of model projects and demonstration areas that integrate industry and city, and balance work and residence.
This year, Guangzhou will intensify efforts for the voluntary renewal of old housing, exploring an advanced model that progresses from solving housing safety issues to independent renovation and overall renewal of old urban areas, achieving project balance, comprehensive balance, and regional balance. It will promote legislation for the renewal of urban housing to remove policy barriers to large-scale renovation. It will continue to advance the first batch of pilot projects, such as Deshenggang, and launch the second batch of pilot projects.
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