Zhuhai in South China's Guangdong Province announced Wednesday it will end restrictions on housing purchases in the city and allow those who are not local residents to buy homes of all types, the Guangzhou-based 21st Century Business Herald newspaper said.
The city will also abolish a restriction covering commercial housing projects that requires that "the number of units of no more than 90 square meters should account for 70 percent of all types of homes," the report noted.
Residents (those do not have local household registration, or hukou, included), who want to buy commercial housing of less than 144 square meters, will not need to provide proof of having paid social insurance or tax, the report said.
Zhuhai imposed the restrictions on home-buying in November 2011, but at that time, they were only intended to restrict residents from purchasing homes in the central urban area of the Xiangzhou district in Zhuhai, the Xinhua News Agency reported in January.
The city adjusted the restrictions in September 2014 to limit the purchase of housing units of no more than 144 square meters in the Xiangzhou district, Xinhua said.
Restrictions on buying homes in Guangzhou and Shenzhen, also in the province, remain in place, according to Xinhua.
The average trading price of new commercial housing unit reached 13,099 yuan ($2,009) per square meter from January to November in 2015, according to the Xinhua report, which cited official data.
