Property buying frenzy cools in Shenzhen as investors stay away from new residential projects in China’s Silicon Valley

• Anhui Anlian Express, the developer of the 353-unit Shangjing residential project in Guangming district, has sold just one flat since its launch on January 2
• The era of long queues at sales centres in Shenzhen and sell-outs on the first day has gone, says Fion He of Midland Realty