An aerial view of Dongguan city centre in Guangdong province. Photo: Shutterstock An aerial view of Dongguan city centre in Guangdong province. Photo: Shutterstock
An aerial view of Dongguan city centre in Guangdong province. Photo: Shutterstock

Dongguan upstages Shenzhen and richer cities with first joint-ownership plan to ease China’s housing market pain

  • Home prices surged nearly 30 per cent in Dongguan last year, the steepest inflation among major mainland Chinese cities
  • The new ownership plan allows buyers to co-share with a state vehicle, with an option to buy out the government after five years at a discount on the market rate

Topic |   China property
An aerial view of Dongguan city centre in Guangdong province. Photo: Shutterstock An aerial view of Dongguan city centre in Guangdong province. Photo: Shutterstock
An aerial view of Dongguan city centre in Guangdong province. Photo: Shutterstock
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