A man cycles past a fenced up construction site in Baishizhou, Shenzhen, on September 27, 2016. Photo: EPA

Shenzhen and Guangzhou announce new controls to dampen property price growth

Tightened mortgage down payment requirements of 70pc for second home buyers are among a raft of new measures designed to cool overheating housing markets

Topic |   Property policies

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A man cycles past a fenced up construction site in Baishizhou, Shenzhen, on September 27, 2016. Photo: EPA
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