Luxury Real Estate Blog and News
US President Donald Trump’s trade war with China could have unintended consequences for the Australian housing market.
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.