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

Topic |   China property
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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