Hangzhou’s six central districts saw average prices of new homes jump 22.9 per cent in 2017. Photo: Shutterstock

China’s ‘Silicon Valley’ closes home-buying loophole as sentiment borders on mania

Hangzhou bans corporate buying of property after lottery result on Monday that saw three companies owned by one individual win the right to purchase

Topic |   China property

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Hangzhou’s six central districts saw average prices of new homes jump 22.9 per cent in 2017. Photo: Shutterstock
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