While the supply of subsidised homes in Beijing is increasing, some say this will result in higher land costs that will flow through to the broader housing market. Photo: Reuters

Getting a flat in new affordable housing project in Beijing like winning a lottery

The city's latest affordable housing scheme leaves more than 140,000 applicants vying for just 2,000 homes in an outer district

TOP PICKS

While the supply of subsidised homes in Beijing is increasing, some say this will result in higher land costs that will flow through to the broader housing market. Photo: Reuters
READ FULL ARTICLE