Skip to main content Skip to footer

GUANGZHOU RADAR | 2020 | “1+1+N”-THE NEW URBAN RENEWAL POLICIES IN GUANGZHOU

Download Report

“1+1+N”-THE NEW URBAN RENEWAL POLICIES IN GUANGZHOU

Dear Valued Client

In August 2020, the Guangzhou government upgraded the urban renewal policy, which brings challenges and opportunities to developers, landlords, villages and residents in old communities. Under the new policy, developers and landlords could be involved more easily in “Three Old” renewal projects, hence speeding up the application of renewal process. However, the government also has a higher requirement for these projects to achieve city-industry integration and jobs-housing balance. We recommend developers to look for opportunities near the core areas like Huangpu, and strengthen their operation and property management capability in commercial and industrial assets. Landlords could consider renewing the projects by themselves through creative adaptive reuse, while the government could encourage more private funding to join and accelerate the old communities renewal projects.


GUANGZHOU RADAR | 2020 | “1+1+N”-THE NEW URBAN RENEWAL POLICIES IN GUANGZHOU

Download Report
Related Experts

Alan Fung

Managing Director

Managing Director's Office

Guangzhou

Alan Fung has joined Colliers International as Managing Director for South China. Alan is a seasoned real estate veteran, with more than 28 years’ experience in leasing, advisory and transaction services. Over his career, Alan has been responsible for providing professional services to numerous large scale projects in Hong Kong and Southern China, as well as helping domestic and multinational corporations address their property and investment needs. In addition to his duties as MD for South China, Alan will also oversee our South China Office Services business.

View expert