#Gate广场五月交易分享 The method of property tax collection mainly depends on the city you are in and the nature of the property (whether it is a personal residence or a commercial property).

Based on the latest policies as of May 2026, I have summarized three main collection models:

1. Personal residences: Pilot city model (Shanghai, Chongqing, etc.)

Currently, property tax (commonly called "real estate tax") is only levied in some pilot cities. If you are in these cities, it mainly depends on the "exemption area" and "tax rate".

🏙️ Shanghai model (mainly for "new purchases + multiple properties")

Taxable entities: Residents of the city who purchase a second or more homes; non-resident families who purchase homes.

Core exemption policy: Deduction based on 60 square meters per family member.

Example: A family of three originally has 100 square meters, and they buy an additional 100 square meters. Total area is 200 square meters, with an exemption quota of 180 square meters (60×3), so only the excess 20 square meters are taxed.

Tax rate: Divided into two brackets.

0.4%: For properties priced below twice the average price of the previous year (standard improvement type).

0.6%: For properties priced above twice the average price of the previous year (luxury homes).

Latest change (2026): For qualified talents (e.g., holding a residence permit for over 3 years), the first home is exempt; adult children’s home purchases that are the family’s only residence can also be temporarily exempt.

🏞️ Chongqing model (mainly for "luxury homes + detached houses")

Taxable entities: Detached commercial residential properties (new or old), high-end homes purchased by individuals (unit price more than twice the average), second homes purchased by individuals without household registration or employment.

Exemption policy: Detached houses exempt up to 180 square meters; newly purchased high-end homes exempt up to 100 square meters.

Tax rate: Uniformly 0.5% (adjusted in 2024).$SOL