
Traded Value
OptionsChinese residential housing has evolved to its fourth generation, currently in the popularization phase of the fourth generation (2020 to present).
A Quick Look at the Four Generations of Housing (by product form)
• First Generation (1949–early 1990s): The Era of Welfare Public Housing
Representative types: Tube-shaped apartments, single-story houses, work-unit dormitories.
Characteristics: Shared kitchens and bathrooms, small area (10–15㎡), welfare housing allocation, no residential community facilities.
• Second Generation (1990–1998): The Era of Unit Buildings
Representative types: 6–8 story walk-up apartment buildings (no elevator).
Characteristics: Independent kitchen and bathroom, compact layouts, simple green spaces, beginning of commercialization.
• Third Generation (1998–2020): The Era of Elevator Commodity Housing
Representative types: High-rise / mid-rise elevator apartments, garden communities.
Characteristics: Large living room, small bedrooms, two bathrooms, pedestrian-vehicle separation, underground parking, well-established property management, high green coverage ratio.
• Fourth Generation (2020–present): Three-Dimensional Ecological Housing (Urban Forest Garden)
Representative types: Sky gardens, vertical greening, green smart communities.
Characteristics: Every household has a garden/balcony, every home has a courtyard, high-ceilinged balconies, smart home systems, low-carbon and environmentally friendly.
In a Nutshell
• 1.0 Solved the problem of having a place to live (Tube-shaped apartments)
• 2.0 Solved living independently (Unit buildings)
• 3.0 Solved living well (Elevator commodity housing)
• 4.0 Solves living healthily, ecologically, and intelligently (Sky garden housing)
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