Should the draft be approved in its current form, foreign buyers would effectively be restricted to purchasing eligible apartments and condominiums. Under the current schedule, these new rules could take effect as early as March 1, 2027. However, the proposal remains strictly in the draft revision stage and has not yet been enacted into law, leaving room for debate and possible adjustments.
This trend signals a clear tightening of access to landed property for foreign individuals and local Chinese business communities. Many investors have historically preferred landed properties for long-term value preservation and autonomy; funneling foreign capital exclusively into the apartment market would directly curb investment flexibility. While it remains to be seen how transitional policies will handle properties already owned by foreigners, closely tracking the legislative process is the most prudent step for now.
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