Guiyang SOE strengthens housing security

In recent years, State-owned Guiyang Infrastructure Construction & Investment Group Co has prioritized housing solutions as a key public welfare project, actively advancing the construction of rental, resettlement, and commercial housing to establish a multi-tiered housing security system.

The group has constructed 32 municipally coordinated public rental communities, accommodating 38,649 households and 122,500 eligible individuals. It has also focused on improving living facilities to enhance the long-term management of public rental housing. This includes upgrading fire safety equipment and collaborating with local authorities to establish essential infrastructure such as hospitals, police stations, supermarkets, and schools, ensuring a warm and well-supported living environment.

The group has implemented rent reduction programs for elderly residents over 65, retired military personnel, and families with severe disabilities or critical illnesses. In 2024 alone, rent reductions totaling 5.7 million yuan ($788,100) were granted to 4,700 households.

Through self-construction, asset transfers, and renovations, the group has provided housing security for skilled professionals, young talent, and new urban residents. To date, 13 talent rental apartment projects, comprising 2,582 apartments, have been implemented, achieving a rental occupancy rate of 92.78 percent.

Furthermore, the group has constructed 6,892 resettlement houses, covering a total area of 628,900 square meters.

The influence of the "Zhufang e" platform, developed by the group, continues to grow, making home buying, selling, and renting more efficient and accessible. The platform has attracted over 50,000 registered users and lists more than 40,000 new commercial apartments, 25,600 talent rental apartments, and over 28,000 second-hand apartments.

The platform centralizes property listings, promoting transparency and efficiency in real estate transactions by integrating the Zhufang website, the commercial housing online contract registration system, the stock housing online contract registration system, and the housing fund supervision system.

Moving forward, the group will continue revitalizing internal land assets, integrating market housing resources, and expanding the development and supply of rental, resettlement, and commercial housing.