Suzhou allows new home purchases for household registration between Aug 1, 2024, and Jul 31, 2027, easing property restrictions.

Suzhou in Jiangsu province will allow individuals who purchase a house and use it as their residence between Aug 1, 2024, and Jul 31, 2027, to apply for household registration (hukou), attracting new residents and potentially boosting the property market. The city recently removed property purchase restrictions, adjusted down payments, and allowed banks to set interest rates based on customer risk profiles.

June 29, 2024
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