A mobile show flat by developer China Vanke is seen during the Pearl River Delta Real Estate Fair in May 2015. Tiny is the new big for Chinese property buyers who are snapping up smaller, more affordable apartments. Photo: Reuters
new | Soaring prices force home buyers to think small in China
Mainland builders spot demand for tiny flats, fuelled by scarce land, lower borrowing costs
A mobile show flat by developer China Vanke is seen during the Pearl River Delta Real Estate Fair in May 2015. Tiny is the new big for Chinese property buyers who are snapping up smaller, more affordable apartments. Photo: Reuters