Prices of second-hand homes in Shenzhen have risen 88.3 per cent since 2015 – more than any other city in China. Photo: Pearl Liu Prices of second-hand homes in Shenzhen have risen 88.3 per cent since 2015 – more than any other city in China. Photo: Pearl Liu
Prices of second-hand homes in Shenzhen have risen 88.3 per cent since 2015 – more than any other city in China. Photo: Pearl Liu
China property

Shenzhen to auction off just six plots of land in a move analysts say is unlikely to dent runaway home prices

  • The technology hub listed six parcels of residential land on its website as open for bids, asking at least 11.9 billion yuan (US$1.8 billion)
  • The city, plagued by a shortage of land, has seen its home prices soar, buoyed by surging demand as people bet on its future

Topic |   China property
Prices of second-hand homes in Shenzhen have risen 88.3 per cent since 2015 – more than any other city in China. Photo: Pearl Liu Prices of second-hand homes in Shenzhen have risen 88.3 per cent since 2015 – more than any other city in China. Photo: Pearl Liu
Prices of second-hand homes in Shenzhen have risen 88.3 per cent since 2015 – more than any other city in China. Photo: Pearl Liu
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