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<CN Home>4 New Property Policies Launched in Yuhang, Hangzhou; Homebuyers May Receive Subsidy RMB200K Max.
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Hangzhou's Yuhang District has issued a Notice on Promoting the Stable and Healthy Development of the Real Estate Market to introduce four new policies for the property market. One of the policies is a pilot program to promote the construction of quality homes, accelerating the development of higher-quality, more livable commercial housing through initiatives on improving residential quality. Meanwhile, housing provident fund services will be optimized to support buyers in using their housing provident fund to directly pay the down payment for commercial housing. The notice also proposed extending the period for special home purchase subsidies. On top of the home purchase subsidies for the city-level A-D tier high-level talent, eligible city-level E-tier, district-level E-tier, and above high-level talents who buy newly built commercial housing in Yuhang District will receive a home purchase subsidy of up to RMB200,000. The implementation period is extended until the end of this year. AAStocks Financial News |
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