Shenzhen home prices have risen 14.6 per cent so far this year, according to online home portal Lianjia. Photo: Roy Issa
Shenzhen home prices have risen 14.6 per cent so far this year, according to online home portal Lianjia. Photo: Roy Issa

Shenzhen launches marital information-sharing system with banks to prevent speculators from posing as first-time buyers

  • New system will let banks discern between genuine first-time buyers and people submitting forged papers to access more favourable terms
  • Home purchase records from previous marriages will not affect a buyer’s ability to buy homes, as long as they do not still own any property bought during such marriages

Shenzhen home prices have risen 14.6 per cent so far this year, according to online home portal Lianjia. Photo: Roy Issa
Shenzhen home prices have risen 14.6 per cent so far this year, according to online home portal Lianjia. Photo: Roy Issa
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