29 Property For Sale in Zhongshan, China
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Considerations of buying Zhongshan property
An ancestral home to many, Zhongshan is widely known among Hongkongers. Zhongshan's properties win buyers over being the nest of several Greater Bay Area infrastructure projects such as a bridge connecting the city to Shenzhen, with welcoming home prices and peaceful neighbourhoods to boot.
What do I need to know before investing in Zhongshan's property?
In the past, Hong Kong, Macau, and Taiwan citizens could only buy a residence in Zhongshan if the city was their ancestral home. Since May 2019, the local government has relaxed the policy to allow Hong Kong, Macau, and Taiwan citizens who are currently employed or starting a business in the city to to purchase a residential unit, as long as they have paid 6 months of taxes or social insurance premiums. Still, some buyers prefer the less-restricted commercial and residential apartments in Zhongshan.
Which Zhongshan properties are more popular?
East District: A rapidly changing central business district and financial hub, East District is home to many business headquarters and mega shopping malls. More new developments are expected to launch within the next few years.
Shiqi:Shiqi is an old town developed years ago, sprawled by some of the most crucial railways connecting the outside world. The High-speed Rail together with the bridge linked to Shenzhen have made the area a popular choice among mainland Chinese and Hong Kong buyers. New properties in this neighbourhood are far and few between.
West District: The West District is packed with people and shops. The local government has plans to turn here into a mid-density residential area, accounting for a majority of Zhongshan's property supply.