Shenzhen, China’s technology hub, is showing some signs of success in containing runaway house prices after 13 rounds of market-cooling measures since last July. Photo: Xinhua Shenzhen, China’s technology hub, is showing some signs of success in containing runaway house prices after 13 rounds of market-cooling measures since last July. Photo: Xinhua
Shenzhen, China’s technology hub, is showing some signs of success in containing runaway house prices after 13 rounds of market-cooling measures since last July. Photo: Xinhua
China property

Real estate agent lands in hot water after using durians and bananas as ciphers for home prices to evade crackdown

  • The Macalline Aijia agency set prices of second-hand units at double the official limit and tried to hide behind a cipher that used durians and bananas, an investigation found
  • The agency was rebuked for its ‘misleading campaign’ and has voluntarily shut its doors for a week for self-review after the fruity price code went viral online

Topic |   China property
Shenzhen, China’s technology hub, is showing some signs of success in containing runaway house prices after 13 rounds of market-cooling measures since last July. Photo: Xinhua Shenzhen, China’s technology hub, is showing some signs of success in containing runaway house prices after 13 rounds of market-cooling measures since last July. Photo: Xinhua
Shenzhen, China’s technology hub, is showing some signs of success in containing runaway house prices after 13 rounds of market-cooling measures since last July. Photo: Xinhua
READ FULL ARTICLE