Posted inChina, Guangzhou, Shanghai

Shenzhen marks first ‘rental only’ housing project

Following the lead of Shanghai and Guangzhou, Shenzhen has launched the city’s first “rental only” housing project on Wednesday, which required a local developer to not sell the property for 70 years, Caixin reported. A source close to the Shenzhen Municipal Planning and Land Resources Committee told Caixin that the case is unique and that it was […]

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