An aerial view of Shenzhen in the Greater Bay Area, where authorities are trying to slam the brakes on runaway property prices. Photo: Martin Chan
An aerial view of Shenzhen in the Greater Bay Area, where authorities are trying to slam the brakes on runaway property prices. Photo: Martin Chan
Shenzhen

Shenzhen housing market gets chilling effect as policy curbs flush out speculative buyers

  • Homeowners are starting to cut prices as policy curbs suddenly reduce the pool of buyers in China’s hottest property market
  • Midland Realty predicts slower sales and price increase in the second half because of the cooling measures

An aerial view of Shenzhen in the Greater Bay Area, where authorities are trying to slam the brakes on runaway property prices. Photo: Martin Chan
An aerial view of Shenzhen in the Greater Bay Area, where authorities are trying to slam the brakes on runaway property prices. Photo: Martin Chan
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