Zhongshan in South China's Guangdong Province, a third-tier city, announced on Sunday that residents without local household registrations (hukou) who want to buy homes must provide proof of having made tax or social security payments for six months, the National Business Daily reported.
Such non-residents can only acquire one apartment. Residents of the city who already own 3 properties may not purchase additional ones.
These moves in the city, which is near the provincial capital Guangzhou, came after the People's Bank of China, the central bank, on Friday announced tighter mortgage rules for Beijing. Those rules target fake divorces, a step intended to curb speculative purchases in Beijing and control credit risk.
Also in Guangdong, Foshan announced home purchase curbs on Friday. Those restrictions require those without local hukou to provide proof of having paid taxes or social security contributions for 12 months.
Beijing decided on March 17 to cool the capital's property market by raising the down payment for second homes and banning mortgages with terms of 25 years or more.
New home prices in the Chinese capital fell 0.1 percent month-on-month but rose 24.1 percent year-on-year in February, while prices for secondhand homes rose 1.3 percent compared with January and 32.2 percent from a year earlier, official data showed.
Following Beijing, a string of cities have rolled out tightening rules to curb property market speculation. Shijiazhuang, capital of North China's Hebei Province and Guangzhou announced similar rules on the same day.
Beijing also posted new limits on Sunday night on office projects for housing purpose, domestic news site sina.com.cn reported.
