Shenzhen’s Futian district. The average price of a second-hand home in the city stood at 61,500 yuan per square metre towards the end of June, down from the 72,436 yuan per square metre recorded in January this year. Photo: Roy Issa Shenzhen’s Futian district. The average price of a second-hand home in the city stood at 61,500 yuan per square metre towards the end of June, down from the 72,436 yuan per square metre recorded in January this year. Photo: Roy Issa
Shenzhen’s Futian district. The average price of a second-hand home in the city stood at 61,500 yuan per square metre towards the end of June, down from the 72,436 yuan per square metre recorded in January this year. Photo: Roy Issa

Shenzhen home prices fell 15 per cent after about 300 cooling measures were launched in first half of 2021

  • This round of cooling measures is more precise and powerful, analyst says
  • Hukou of a subdistrict might no longer be enough to secure a spot in a primary school in that area

Topic |   China property
Shenzhen’s Futian district. The average price of a second-hand home in the city stood at 61,500 yuan per square metre towards the end of June, down from the 72,436 yuan per square metre recorded in January this year. Photo: Roy Issa Shenzhen’s Futian district. The average price of a second-hand home in the city stood at 61,500 yuan per square metre towards the end of June, down from the 72,436 yuan per square metre recorded in January this year. Photo: Roy Issa
Shenzhen’s Futian district. The average price of a second-hand home in the city stood at 61,500 yuan per square metre towards the end of June, down from the 72,436 yuan per square metre recorded in January this year. Photo: Roy Issa
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