Shenzhen was among mainland cities experimenting with a new land sales model. Photo: Roy Issa

Chinese cities experiment with new approach to land sales while Hong Kong sticks with highest-bidder model

  • Mainland cities are trying an alternative land sales model designed to keep home prices in check
  • Five plots in Shenzhen were sold under a land tender on June 24 that capped prices
Topic |   Hong Kong land sale

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Shenzhen was among mainland cities experimenting with a new land sales model. Photo: Roy Issa
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