Shanghai Municipality, Implementing Opinions on Further Optimizing the Land and Housing Supply Structure in Shanghai

Issued: February 5 2016

Main contents: The Opinions further increase the percentage of supply of small and medium-sized residential premises on land for commercially developed housing: not less than 70% in central urban districts, and not less than 60% in suburban areas (in certain areas where the tension between supply and demand is relatively severe, the percentage of the supply of small and medium-sized residential premises is increased to 70%). The community development model in which public transportation plays the guiding role is encouraged, and the percentage of supply of small and medium-sized residential premises on land for commercially developed housing in areas adjacent to train stations (with a scope of coverage of 600 meters and 1,500 meters respectively in central urban districts and suburban areas) is increased to at least 80% (Article 2(1)).