1. What are the requirements for buying an apartment in Shenzhen?

1. The requirements for buying an apartment in Shenzhen are:

(1) Ordinary residential apartments. Home buyers with Shenzhen household registration are limited to two apartments. Foreigners in Shenzhen must provide proof of social insurance or personal tax payment for 5 consecutive years or more;

(2) Commercial apartments. There are no policy conditions, but the home buyer needs to have sufficient financial ability, because the loan down payment ratio must be at least 50%, and the provident fund cannot be used.

2. Legal basis: Article 12 of the "Management Methods for Pre-Sale of Urban Commercial Housing"

Within 90 days from the date of delivery of the pre-sold commercial housing, the purchaser shall go to the real estate agency in accordance with the law. The management department and the land management department of the municipal or county people's government shall handle the ownership registration procedures. The development enterprise shall provide assistance and provide necessary supporting documents. If the off-taker fails to obtain the house ownership certificate within 90 days from the date the house is delivered for use due to reasons caused by the development enterprise, the development enterprise shall bear liability for breach of contract unless there is a special agreement between the development enterprise and the off-taker.

2. What are the advantages of commercial apartments

Commercial apartments are not subject to purchase and loan restrictions. As long as the buyer has sufficient financial ability, they can purchase them. To get the property you want, it is worth buying for many owners who do not meet the qualifications to buy a house. However, please note that because apartments are commercial in nature, the loan down payment ratio will be relatively high and the loan period will be relatively short, so you must have sufficient financial strength.