The acquisition of second-hand housing in central Shanghai has been accelerated across the board. On July 26, 2026, the reporter learned from the Shanghai Housing Administration that since the launch of the pilot acquisition of second-hand housing for affordable rental housing in February this year, the three districts of Xuhui, Pudong, and Jing'an have actively explored. As of July 25, the three pilot zones had purchased 551 second-hand housing units, of which 16 residents had completed the replacement and purchase of new homes. The five districts of Huangpu, Changning, Hongkou, Putuo, and Yangpu were then expanded and implemented in May to actively serve residents to replace their homes, promote the effective flow of existing housing assets, and speed up the financing and supply of guaranteed housing in central urban areas.

Zhitongcaijing · 2d ago
The acquisition of second-hand housing in central Shanghai has been accelerated across the board. On July 26, 2026, the reporter learned from the Shanghai Housing Administration that since the launch of the pilot acquisition of second-hand housing for affordable rental housing in February this year, the three districts of Xuhui, Pudong, and Jing'an have actively explored. As of July 25, the three pilot zones had purchased 551 second-hand housing units, of which 16 residents had already replaced and purchased new homes. The five districts of Huangpu, Changning, Hongkou, Putuo, and Yangpu were then expanded and implemented in May to actively serve residents to replace their homes, promote the effective flow of existing housing assets, and speed up the financing and supply of guaranteed housing in central urban areas.