
GZ Huadu Offers Subsidy for Home Swaps; Up to RMB20K/ Unit

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Guangzhou's Huadu District has introduced the "Huadu Eight Measures" to promote the real estate market, becoming the first district to implement specific policies in response to the city's broader measures. Effective immediately, the initiative includes a subsidy for residents swapping old homes for new ones, offering up to RMB20,000 per unit. Eligible homebuyers must purchase new residential units and sell their existing ones within a year of the contract filing. A total of RMB30 million is allocated for this subsidy, available on a first-come, first-served basis, and can be combined with municipal subsidies.
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