Prices of new homes in Shenzhen rose 20.1 per cent in September, prompting a tightening of the deposit requirements. Photo: WWF Hong Kong
Prices of new homes in Shenzhen rose 20.1 per cent in September, prompting a tightening of the deposit requirements. Photo: WWF Hong Kong

Shenzhen raises deposit rule to 70pc

Move applies to buyers of second properties as city adds to measures to cool housing market

Prices of new homes in Shenzhen rose 20.1 per cent in September, prompting a tightening of the deposit requirements. Photo: WWF Hong Kong
Prices of new homes in Shenzhen rose 20.1 per cent in September, prompting a tightening of the deposit requirements. Photo: WWF Hong Kong
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