Yes, but not recommended.

Commercial housing generally has commercial property rights of 40 or 50 years, and there will be greater risks upon expiration. The "Property Rights Law" stipulates that after the expiration of the right to use land for residential construction, it will be automatically renewed. The "non-residential construction land land use rights" cannot be automatically renewed. If there is a real need to continue using the land, the land user should apply one year before the land use expires. If the renewal is approved, a new land use right transfer contract shall be signed and the transfer fee shall be paid in accordance with regulations. If it is necessary for social welfare, the land will be recovered.

"Conversion from commercial to residential" means that in order to avoid risks, land users convert legally approved commercial construction land into residential land, and finally launch it in the form of business apartments or serviced apartments. For example, common commercial buildings are converted into residential buildings.