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

TOP PICKS

Shenzhen was among mainland cities experimenting with a new land sales model. Photo: Roy Issa
READ FULL ARTICLE
Land in Shenzhen’s Longhua area fetched a record price in a government tender last month. Photo: Pearl Liu

Looking for a used home in Shenzhen? Be prepared to pay extra as sellers want more after land sales fetch record prices

  • Property agent says prices of flats in Shenzhen are expected to rise by at least 5 per cent as sellers hold out for more
Topic |   China property

TOP PICKS

Land in Shenzhen’s Longhua area fetched a record price in a government tender last month. Photo: Pearl Liu
READ FULL ARTICLE