Longhua is Shenzhen’s most expensive residential district. Photo: Pearl Liu

Developers hope to leverage Shenzhen’s model city status, price residential project as most expensive in its area

  • China Jinmao Holdings Group, Power Construction Corporation of China forked out 8.3 billion yuan for the site in 2016
  • Only nine projects have been priced at more than 100,000 yuan per square metre in Shenzhen
Topic |   China property

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Longhua is Shenzhen’s most expensive residential district. Photo: Pearl Liu
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