Property News · July 22, 2020

Tighter rules, sky-high prices in Shenzhen will send homebuyers flocking to ‘investor paradise’ Huizhou, say analysts


The southern Chinese city of Huizhou could become a “paradise” for investors from nearby Shenzhen after the latter tightened its rules for home purchases last week, and with the travelling time between the two cities set to be cut by half next year.Home prices in Huizhou saw the second-biggest gains in mainland China, climbing 6.7 per cent between March and June, when sales offices reopened in the wake of Covid-19 lockdown, according to Centaline Property’s Greater Bay Area (GBA) price index…

Source : South China Morning Post
Read more…Tighter rules, sky-high prices in Shenzhen will send homebuyers flocking to ‘investor paradise’ Huizhou, say analysts