Advertisement
China society
ChinaPeople & Culture

Luxury homes gifted by Chinese tycoon sit empty as greedy villagers row over ownership

Drinks magnate left frustrated after donating US$32 million to pay for 258 houses for residents of his hometown

Reading Time:2 minutes
Why you can trust SCMP
Hundreds of villas paid for by a Chinese tycoon and intended as gifts for the residents of the south China village he grew up in have been sitting empty for months as locals fight over who owns them. Photo: Oeeee.com
Yujing Liu

A Chinese tycoon who paid for hundreds of luxury homes to be built for the residents of his hometown has been left dumbfounded by their greed and ingratitude, according to a local newspaper report.

Chen Sheng, the founder and chairman of drinks company Tiandi No 1 Beverage Inc, put up 200 million yuan (US$31.9 million) for the construction of 258 luxury villas on land provided by local authorities in the village of Guanhu, Guangdong province, five years ago, Southern Metropolis Daily reported.

Each property covers 280 square metres, has five bedrooms, two reception rooms, a garage and a small garden. The development also features a stream with a bridge over it, basketball and badminton courts, and even a stage for hosting traditional operas.

Advertisement

However, although the homes have been ready to move into since the end of last year, they remain unoccupied because of squabbling between villagers over who should get one, or even two.

Advertisement

The report did not say how the properties had initially been allocated, but Chen was quoted as saying that he based the number required on a 2013 census, which said there were 190 households in the village.

The housing estate in Guangdong province features a stream with a bridge over it, basketball and badminton courts, and even a stage for opera performances. Photo: Oeeee.com
The housing estate in Guangdong province features a stream with a bridge over it, basketball and badminton courts, and even a stage for opera performances. Photo: Oeeee.com
Advertisement
Select Voice
Choose your listening speed
Get through articles 2x faster
1.25x
250 WPM
Slow
Average
Fast
1.25x