House prices in Shenzhen, Guangdong Province, have been surging. Photo: Reuters
Coronavirus: Shenzhen housing watchdog vows to rein in buying frenzy after police disperse 3,000 people queuing at new project launch
- The move follows crazed scenes in Guangming district where huge crowds shrugged off concerns about Covid-19 and queued on Wednesday night to get their hands on 394 new homes
- The housing authority ordered the developers of Royal Mansion to ‘better organise their sales activity’
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Coronavirus pandemic
House prices in Shenzhen, Guangdong Province, have been surging. Photo: Reuters