The low season for the Shenzhen property market in July was not easy. According to the data, 2,664 newly built commercial residential units were sold in the city in July, up 32.5% year on year. The reporter visited several new properties currently on sale in Shenzhen. Real estate staff told the reporter that since the release of purchase restrictions in the core area on April 29, there has been a large influx of customers from other places, and the proportion of overseas buyers has risen from less than 10% in previous years to more than 20% and continues to grow. At the same time, apartment properties are also close to being sold out. Another project sold 40% when it started, and sold nearly 120 residential units in three and a half months. Industry insiders said that the market is generally optimistic about the upcoming golden, nine, and silver ten traditional sales season.

Zhitongcaijing · 2d ago
The low season for the Shenzhen property market in July was not easy. According to the data, 2,664 newly built commercial residential units were sold in the city in July, up 32.5% year on year. The reporter visited several new properties currently on sale in Shenzhen. Real estate staff told the reporter that since the release of purchase restrictions in the core area on April 29, there has been a large influx of customers from other places, and the proportion of overseas buyers has risen from less than 10% in previous years to more than 20% and continues to grow. At the same time, apartment properties are also close to being sold out. Another project sold 40% when it started, and sold nearly 120 residential units in three and a half months. Industry insiders said that the market is generally optimistic about the upcoming golden, nine, and silver ten traditional sales season.