Dongguan, the city with the highest home price gains in China last year, is likely see prices increase further this year amid an influx of talent as more hi-tech firms set up operations in the Greater Bay Area city.Property prices in the city of 8.5 million rose 29 per cent last year, according to a housing index compiled by a research unit of the Chinese Academy of Social Sciences. Shenzhen ranked second with a 23 per cent increase, and Ningbo in eastern Zhejiang province came third,…
Source : South China Morning Post
Read more…Dongguan’s sizzling property price momentum set to continue as influx of hi-tech firms fuels demand for housing
