Shenzhen has become an increasingly attractive property market after Beijing designated the city as a new special economic zone on August 19. Photo: Bloomberg

Commercial flats in Shenzhen targeted by buyers from other Chinese cities betting on property appreciation in tech hub

  • Flats built on commercial land mean higher down payments and mortgage rates, longer holding periods before resale and higher facility fees
  • Shanghai investor buys 63 units worth 90 million yuan in one project
Topic |   China property

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Shenzhen has become an increasingly attractive property market after Beijing designated the city as a new special economic zone on August 19. Photo: Bloomberg
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