Luxury Real Estate Blog and News
Shenzhen, known as China’s Silicon Valley, will offer 1 million government-subsidised homes at as low as half of the prevailing market rate.
Foshan, an industrial city next to Guangzhou, has experienced the biggest gain in property prices in the last 18 months among the 11 cities in the Greater Bay Area plan.
Hongkongers splashed out 10 billion yuan (US$1.48 billion) last year on homes in the bay area, by one estimate, 10 per cent more than a year earlier.
Adrian Smith + Gordon Gill has unveiled its design for the Shenzhen-Hong Kong International Center, a 700-metre tall glass tower in Shenzhen, China.
The Shangwei Village Plugin Houses project renovates houses that were left vacant and in ruins for decades after the village suffered from heavy disinvestment.
Guangdong province is calling for the cancellation of a decades-long property pre-sale system that has played a primary role in supporting China’s real estate developers.
Shenzhen’s high-end housing market remains on the boil despite the city government’s introduction of tighter buying restrictions.
Shenzhen last year surpassed Beijing and Shanghai to become the most expensive housing market in China.