Shenzhen is rushing new measures to help the city’s developers avert a liquidity crisis amid the coronavirus outbreak, helping to soften the blow to new home sales the past two months.The Housing and Construction Bureau said home projects with pre-sale certificates can reopen their showrooms to prospective buyers, easing the restrictions imposed since late January to contain the viral outbreak, according to a statement issued on Wednesday. It is also easing other rules relating to project…
Source : South China Morning Post
Read more…Shenzhen eases housing rules for builders to avert liquidity crunch as home sales crash amid viral outbreak















