SHANGHAI will continue to curb property speculation while increasing the supply of residential properties, according to the 13th Five-Year (2016-2020) Plan. This will ensure stable and healthy development of the market, the city government said yesterday.

By 2020, about 1.7 million new housing units will be added to the market, an increase of 60 percent from the previous five-year period, it said.

Around 450,000 units will be commodity houses — residential properties excluding those in the city’s affordable housing program — some 550,000 will be affordable homes, and the remaining 700,000 units are for leasing purposes.