A construction worker selects wooden planks at a residential site in Hefei. Photo: Reuters
A construction worker selects wooden planks at a residential site in Hefei. Photo: Reuters

Hefei becomes latest Chinese property hotspot, with sky-high prices being driven by record land costs and speculative out-of-town buyers

Investors rush to get into the market, ahead of possible restrictions on purchases by non-residents

A construction worker selects wooden planks at a residential site in Hefei. Photo: Reuters
A construction worker selects wooden planks at a residential site in Hefei. Photo: Reuters
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