Buyers looking for secondary property in Shenzhen will have to pay more as homeowners have raised their asking prices following the record prices achieved in a rare government land tender last month.Developers are betting big on the tech hub, dubbed China’s Silicon Valley, attracting talent on the back of the Greater Bay Area initiative – a scheme launched by Beijing earlier this year to link Hong Kong, Macau, Shenzhen and eight cities in Guangdong province into an integrated economic and…
Source : South China Morning Post
Read more…Looking for a used home in Shenzhen? Be prepared to pay extra as sellers want more after land sales fetch record prices















