The Greater Bay Area city of Huizhou in Guangdong province has come with measures to maintain stability in the property market. Photo: Shutterstock
The Greater Bay Area city of Huizhou in Guangdong province has come with measures to maintain stability in the property market. Photo: Shutterstock

Chinese cities ask developers to stop discount gimmicks as local governments seek to prevent a collapse in home prices

  • Authorities in Zhuzhou chide developers and agents for offering homes that are priced ‘obviously lower than the market level’
  • Huizhou warns that if some units are priced below the approved levels in the city, all homes in the project will have to sell at the same discounts

The Greater Bay Area city of Huizhou in Guangdong province has come with measures to maintain stability in the property market. Photo: Shutterstock
The Greater Bay Area city of Huizhou in Guangdong province has come with measures to maintain stability in the property market. Photo: Shutterstock
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