Property prices in Guangzhou, the capital of Guangdong province, rose by 7.8 per cent last year. Photo: Shutterstock Images Property prices in Guangzhou, the capital of Guangdong province, rose by 7.8 per cent last year. Photo: Shutterstock Images
Property prices in Guangzhou, the capital of Guangdong province, rose by 7.8 per cent last year. Photo: Shutterstock Images

Guangzhou

Business /  China Business

Guangzhou’s housing watchdog clamps down on homeowners colluding to inflate home prices

  • The regulator says it will come down hard on those jacking up home prices, posting fake property information and for using sales gimmicks
  • Guangzhou’s homeowners have become ‘overexcited’ by property investors betting on the future of the key Greater Bay Area city, market observers say

Topic |   Guangzhou
Pearl Liu
Pearl Liu

Updated: 5:21pm, 7 Jan, 2021

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Property prices in Guangzhou, the capital of Guangdong province, rose by 7.8 per cent last year. Photo: Shutterstock Images Property prices in Guangzhou, the capital of Guangdong province, rose by 7.8 per cent last year. Photo: Shutterstock Images
Property prices in Guangzhou, the capital of Guangdong province, rose by 7.8 per cent last year. Photo: Shutterstock Images
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