A worker walks towards residential buildings under construction in Qingdao, China, on May 8, 2018. Upgraded property curbs have hit sales in the northern mainland city. Photo: Bloomberg

Qingdao flat prices cut by 5 per cent as city heeds warning of China’s top decision-making body

  • Agents say builders will have to offer steeper discounts as buyers wait on the sidelines to woo buyers in a tightening market
  • Data from Qingdao’s real estate registry shows sales in July fell 12 per cent compared to the previous month
Topic |   China property

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A worker walks towards residential buildings under construction in Qingdao, China, on May 8, 2018. Upgraded property curbs have hit sales in the northern mainland city. Photo: Bloomberg
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