Guangzhou’s Housing Prices Dropped From ¥40K/㎡ to ¥10K/㎡, 95% of Homes in China Are Being Eliminated

Guangzhou’s Housing Prices Dropped From ¥40K/㎡ to ¥10K/㎡, 95% of Homes in China Are Being Eliminated

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This Tiktoker is talking about a luxury real estate project by Country Garden in Zengcheng, Guangzhou — The Cloud Mansion apartments. Since the Dragon Boat Festival holiday, the development has been offering discounts, with over 80 units now available at clearance prices. The price for a 130-square-meter, four-bedroom unit is set at 12,000 yuan per square meter.

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