Dongguan, a city in China’s Greater Bay Area development zone that is also home to Huawei Technologies’ new campus, has recorded a sharp increase in home prices, which have been boosted by increased liquidity and speculative buying driven by hopes around its economy.“My landlord last year asked me whether I would like to buy the 110 square metre home I live in for 3.6 million yuan [US$514,096]. We, however, passed up on it, as we found it a bit over our budget. And now it is priced at 5 million…
Source : South China Morning Post
Read more…Greater Bay Area manufacturing hub Dongguan reports rise in home prices amid increased liquidity, speculative buying















