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The Nexus
BUSINESSJun 16 · 07:00 UTCSCMP WORLDZhu Wenqian

Young tech elites drive rise in Shenzhen luxury home sales after purchase curbs ease

Luxury home sales in Shenzhen rose sharply in May as young professionals in semiconductor and artificial intelligence sectors became key buyers, surpassing traditional tycoons. Post-90s technology workers accounted for 31% of transactions for homes over 10 million yuan last year, according to Leyoujia.

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ShenzhenplacesemiconductortopicArtificial IntelligencetopicLeyoujiaorganizationluxury residential projectstopicpost-90s buyerstopictechnology professionalstopic
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