Guangdong provincial government issued an implementation plan instructing cities
to tailor housing policies to curb incremental supply, reduce inventory and
improve housing-supply fit. Measures include tighter targeting of purchase
subsidies, continued new-home sales promotions and outbound marketing, and an
orderly rollout of a “Good Housing” construction programme with enhanced
public-service infrastructure for developments. The plan promotes stock-clearing
swaps — sell-old/buy-new and sell-small/buy-large — permits cross-bank transfers
of second‑hand homes with existing mortgage encumbrances, and allows qualified
firms to acquire used homes to smooth primary–secondary market replacement. It
also encourages conversion of commercial office stock to accommodation, retail,
medical and elderly-care uses, and accelerates urban renewal through
old-neighbourhood retrofits, whole-community/future-community builds,
original-demolish-rebuild and autonomous upgrades, including promotion of
housing-voucher resettlement in new-model urban village projects.
