Qingdao Launches Plan to Buy Over 1,200 Second-hand Homes to Boost New Home Sales

Published: Apr 17, 2025 11:51

Save

Qingdao Plans to Purchase Over 1,200 Second-hand Homes from Individuals to Drive Sales of New Homes
Qingdao City has implemented a trial work plan to promote consumption in the housing sector through the "trade-in" policy. The plan proposes that the city aims to purchase over 1,200 second-hand homes from individuals for use as affordable rental housing and long-term rental properties, supporting the demand for improved housing and encouraging the public to "sell old homes and buy new ones," thereby driving the sales of over 1,200 new commercial homes. The Qingdao Municipal Housing and Urban-Rural Development Bureau, in collaboration with the Municipal State-owned Assets Supervision and Administration Commission, has designated two municipal-level implementing entities. Each district (city) government has also designated one district-level state-owned enterprise as the implementing entity, encouraging widespread participation from social enterprises to achieve "citywide collection by implementing entities and citywide purchase by home-swapping residents.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

21 hours ago

Data: SHFE, DCE market movement (Feb 06)

The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on 06 Feb , 2026

21 hours ago

Feb 6, 2026 11:59

The Most-Traded SHFE Tin Contract Opened Lower and Then Traded Stronger, Spot Market Recovers Amid Downtrend [SMM Tin Midday Review]

[SMM Tin Midday Review: The Most-Traded SHFE Tin Contract Opened Lower and Then Traded Stronger, Spot Market Recovers Amid Downtrend]

Feb 6, 2026 11:59

Feb 6, 2026 08:49

The most-traded SHFE tin contract fluctuated rangebound during the night session, with downstream enterprises mostly following up with small-lot transactions. [SMM Tin Morning Brief]

[SMM Tin Morning Brief: The Most-Traded SHFE Tin Contract Fluctuated Rangebound During the Night Session, Downstream Enterprises Mostly Followed Up with Small-Lot Transactions]

Feb 6, 2026 08:49