Guangzhou City, Opinion on Improving the Regulation and Control of the Real Property Market

Issued: November 15 2013

Main contents: Starting from the date of issuance of the Opinion, provisionally, a resident household whose permanent residence is not in Guangzhou that can provide proof of having paid individual income tax or social insurance in Guangzhou for at least three years in succession during the five years before the date of purchase of residential premises can only purchase one residential unit (including both newly constructed commercially developed residential units and previously owned residential units).

Related legislation: Shanghai Municipality, Measures Relevant to Further Strictly Implementing State Policy on Regulating and Controlling the Real Property Market, Nov 8 2013, CLP 2014 No.1 p.62; Circular on Continuing to Duly Regulate and Control the Real Property Market, Feb 26 2013, CLP 2013 No.2 p.36; Circular on Issues Relevant to Improving the Regulation and Control of the Real Property Market, Jan 26 2011, CLP 2011 No.2 p.37; and Circular on Promoting the Steady and Healthy Development of the Real Property Market, Jan 7 2010, CLP 2010 No.3 p.31