One video showed the sales office of the “Yin Genting” Real Estate Development project in Zhongshan being smashed.
He noted that in 2023, the property was priced at 18,000 yuan per square meter (equivalent to about 2.5 thousand US dollars), non-negotiable. By the 2025 holiday, the same units were selling for just over 7,000 yuan per square meter (equivalent to about 980 US dollars). For existing owners, this drastic drop felt like a humiliation. Many, unable to accept what they saw as a collapse, threw bricks at the sales office.
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