An uninhabited property development that has come to symbolise the real estate rush in Suzhou, on May 24, 2017. The island, just 5 kilometres from downtown Suzhou, was built in 2007 has remained uninhabited even a decade later. Photo: Imaginechina.
An uninhabited property development that has come to symbolise the real estate rush in Suzhou, on May 24, 2017. The island, just 5 kilometres from downtown Suzhou, was built in 2007 has remained uninhabited even a decade later. Photo: Imaginechina.

Suzhou tightens property curbs for the fourth time in 2019 as overheating home market has defied policies to cool prices

  • The tightening came after heated property price and sale in Suzhou
  • Other developments, including a policy see-saw in Kaifeng, and funding tightening, signal no ease in property control

An uninhabited property development that has come to symbolise the real estate rush in Suzhou, on May 24, 2017. The island, just 5 kilometres from downtown Suzhou, was built in 2007 has remained uninhabited even a decade later. Photo: Imaginechina.
An uninhabited property development that has come to symbolise the real estate rush in Suzhou, on May 24, 2017. The island, just 5 kilometres from downtown Suzhou, was built in 2007 has remained uninhabited even a decade later. Photo: Imaginechina.
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