The housing market in Shenzhen has cooled substantially. Photo: Martin Chan
The housing market in Shenzhen has cooled substantially. Photo: Martin Chan

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

Topic |   China property
The housing market in Shenzhen has cooled substantially. Photo: Martin Chan
The housing market in Shenzhen has cooled substantially. Photo: Martin Chan
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