Quinn Wang cannot sell his 100 square metre flat in Shanghai’s Xuhui district without lowering his asking price, he says. Photo: Baidu Quinn Wang cannot sell his 100 square metre flat in Shanghai’s Xuhui district without lowering his asking price, he says. Photo: Baidu
Quinn Wang cannot sell his 100 square metre flat in Shanghai’s Xuhui district without lowering his asking price, he says. Photo: Baidu
China property
Business /  China Business

Shanghai homeowners left to rue falling prices, as government stays committed to keeping property sector in check

  • The Shanghai property sector will not benefit from monetary easing, since the local government is adamant about curbing price jumps, JLL China says
  • Must face reality that the market is stuck in a downward trend, homeowner says

Topic |   China property
Daniel Ren
Daniel Ren

Updated: 9:58pm, 26 Jan, 2020

Why you can trust SCMP
Quinn Wang cannot sell his 100 square metre flat in Shanghai’s Xuhui district without lowering his asking price, he says. Photo: Baidu Quinn Wang cannot sell his 100 square metre flat in Shanghai’s Xuhui district without lowering his asking price, he says. Photo: Baidu
Quinn Wang cannot sell his 100 square metre flat in Shanghai’s Xuhui district without lowering his asking price, he says. Photo: Baidu
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