Hengda Real Estate Reduces Housing Prices by 15%

By China Securities Journal
Published: 2010-05-06

As the Chinese government has determined to crackdown on inflated housing prices, Hengda Real Estate, a private property developer located in Guangdong Province, has said it will offer a 15% discount on all of its property across the country. Experts said this might lead other property developers to lower housing prices.

Source
China Securities Journal


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