The Wonder Bay development in Guangzhou. Prices of luxury homes in the southern Chinese city rose the fastest in the year to September in a global survey by property firm Knight Frank. Photo: Xiaomei Chen

China’s Guangzhou tops list of world cities for luxury residential property price rises this year

The southern city beats out Shanghai, Cape Town and Sydney with an average 36.3 per cent rise in prime property prices in the year to September, a survey finds

Topic |   International Property

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The Wonder Bay development in Guangzhou. Prices of luxury homes in the southern Chinese city rose the fastest in the year to September in a global survey by property firm Knight Frank. Photo: Xiaomei Chen
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