Qingdao Introduces 12 New Real Estate Policies: Subsidies of 50,000 Yuan for Second-Child Families and 100,000 Yuan for Third-Child Families Purchasing New Homes

Recently, the Qingdao Municipal Housing and Urban-Rural Development Bureau, in conjunction with six departments including the Qingdao Municipal Finance Bureau, introduced 12 new policies to stimulate consumption, benefit talents, and invigorate the real estate market. Among these, the support for multi-child families purchasing homes has been enhanced. For families in Qingdao recognized by the health department as complying with the national policy of fully opening up to two and three children, who purchase newly built commercial housing in Qingdao from April 1, 2025, to June 30, 2026, a housing purchase subsidy of 50,000 yuan and 100,000 yuan will be provided for two-child and three-child families respectively, with the subsidy disbursed in monetary form. The rental costs for college graduates seeking employment and entrepreneurship will be reduced. Full-time college graduates with a junior college degree or above within three years of graduation will be provided with rent-free accommodation, effective from July 1 this year. Among them, those coming to Qingdao for job hunting can apply for a cumulative maximum of six months of rent-free accommodation; those who achieve employment or entrepreneurship in Qingdao can apply for an extension of up to 12 months.

The full text of the notice is as follows:

To the Housing and Urban-Rural Development Bureaus, Finance Bureaus, Human Resources and Social Security Bureaus, Natural Resources and Planning Bureaus, Health Bureaus of each district (city), and relevant units:

In order to further expand domestic demand, stimulate consumption, optimize supply, and benefit the people, and to continuously promote the healthy development of the real estate market, the "Notice on Several Measures to Further Promote the Stable and Healthy Development of the Real Estate Market" is hereby formulated, and all are requested to comply with and implement it.

1. Launch a "low monthly payment" housing loan financial product for the youth group. Relevant banks are encouraged to introduce "low monthly payment" housing loan financial products for young people under the age of 35 who come to Qingdao for employment and entrepreneurship, with the first 10 years only requiring interest payments. New home buyers can apply for this financial product, and existing home buyers can switch their mortgage to this financial product.

2. Provide housing purchase subsidies for multi-child families. Two-child and three-child families with household registration in our city who purchase newly built commercial housing in our city from April 1, 2025, to June 30, 2026, will be given housing purchase subsidies of 50,000 yuan and 100,000 yuan respectively, with the subsidy disbursed in monetary form.

3. Implement rent-free accommodation support to promote employment and entrepreneurship of college graduates. Full-time college graduates with a junior college degree or above within three years of graduation (including the graduation year) (including graduates from technical colleges with advanced technician qualifications or above) will be provided with rent-free accommodation support. Among them, those coming to Qingdao for job hunting can apply for a cumulative maximum of six months of rent-free accommodation; if they achieve employment or entrepreneurship in Qingdao, they can apply for an extension, with the extension period combined with the previous accommodation period, up to a maximum of 12 months. Those who are already employed or have started a business in Qingdao at the time of initial application can apply for a maximum of 12 months of rent-free accommodation support. The "first come, first served" method will be adopted, and the accommodation standard of "one person, one room" will be provided.

4. Meet the demand for improved housing by deepening the "trade-in" policy. State-owned enterprises and various market entities are encouraged to purchase second-hand housing from individuals for trade-in. Home exchangers can sell their old homes while purchasing newly built commercial housing, with the proceeds from the sale of the old home used to offset the purchase price of the new home, supporting residents in "selling old homes and buying new homes" to improve their living conditions. For entities purchasing second-hand housing from individuals for use as affordable rental housing or long-term rental housing, the municipal finance will provide a one-time purchase subsidy of 30,000 yuan per unit, and the district (city) where the newly built commercial housing is located will provide a loan interest subsidy of 2% per year for five consecutive years.

5. Accelerate the revitalization of state-owned enterprises' stock properties. After evaluation, state-owned enterprises can flexibly adjust the sales floor price of stock real estate projects for promotion; state-owned enterprises are encouraged to convert eligible idle stock properties into long-term rental apartments, short-term rental apartments, city homestays, etc., to achieve revitalization and utilization.

6. Promote the rational use of underground space resources. Reasonably adjust the land price standard for supporting underground parking spaces (garages) in residential construction projects (including the residential part of commercial-residential construction projects), and implement a phased land price support policy. From March 28, 2025, to December 31, 2026, the land price will be executed at 1/5 of the existing standard; from January 1, 2027, the land price will be executed at 1/2 of the existing standard, and the land transfer fee for underground parking spaces (garages) must be paid before the pre-sale of commercial housing.

7. Trial a pre-application system for commercial residential land. The pre-application announcement can specify the reference transfer price, or the relevant land price can be determined through inquiry. Intended units submitting land pre-applications must commit to the land price they are willing to pay. If the transferor accepts the intended unit's offer, it will be a valid pre-applicant, and a pre-application deposit of 2 million yuan per parcel will be paid. The transferor organizes the transfer activity, and if the pre-applicant participates in the bidding as required, the pre-application deposit will be refunded after the transfer is completed. Pre-applicants who win the parcel will enjoy the policy benefits of installment payment and extended payment deadlines for the transfer price, as well as other policy benefits specified in the announcement.

8. Increase the supply of "good houses". Enterprises are encouraged to create safe, comfortable, green, and intelligent "good houses" through meticulous design, lean construction, promotion of new technologies, application of green building materials, and high-quality service guarantees, fully implementing the concept of green, low-carbon, and energy-saving, strictly controlling the quality process, strengthening the construction of supporting facilities, and ensuring property services, with more than 15 pilot projects cultivated throughout the year.

9. Promote development and construction according to local conditions. Based on the analysis results of the real estate model, the annual housing development plan will be released, strengthening demand-driven construction and district guidance, focusing on creating high-quality residential projects in prime locations along the coast and in the core urban areas, leveraging the natural advantages of mountainous and coastal tourism in Laoshan District and West Coast New District, increasing the supply of cultural tourism and health-themed housing projects, and leveraging the advantages of river and lake pastoral scenery in Pingdu City and Laixi City to build leisure and vacation housing.

10. Strengthen financing support for real estate projects. Optimize and improve the real estate financing coordination mechanism, make good use of the "white list", treat all enterprises equally in meeting the reasonable financing needs of projects under construction and for sale, ensure that loans are granted and extended as much as possible, strive for a total credit of 200 billion yuan, and ensure that 150 billion yuan of funds are in place.

11. Intensify promotional activities such as "group buying". Regularly hold promotional activities, set up mobile sales offices, dynamically update the "online housing supermarket", and create a never-ending housing fair. Targeting employee groups in government agencies, enterprises, institutions, and industrial parks, strengthen housing demand analysis, and organize real estate development enterprises and state-owned enterprises to actively carry out "group buying" activities. Accurately promote high-quality housing in our city to cities inside and outside the province.

12. Strengthen the basic work of real estate. Strengthen the application of AI big data, and build a real estate element analysis model. Regularly carry out precise guidance, implement one district (city) one policy for supervision and assistance, and help real estate enterprises overcome difficulties. Strengthen real estate credit management, implement diversified encouragement and support measures, and take multiple measures to promote the healthy development of the real estate industry.

Qingdao Municipal Housing and Urban-Rural Development Bureau

Qingdao Municipal Finance Bureau

Qingdao Municipal Human Resources and Social Security Bureau

Qingdao Municipal Natural Resources and Planning Bureau

Qingdao Municipal Health Commission

Qingdao Municipal State-owned Assets Supervision and Administration Commission

April 9, 2025