The T Plus residential property, developed by Jiayuan International Group, featured flats as small as 128 sq ft. Only two units have been sold since it was launched in December. Photo: Bloomberg

Mainland developer Jiayuan is ‘stuck’ in the build-to-borrow cycle

  • Jiayuan International has secured a 43 billion yuan (HK$50 billion) credit line to fund future expansion
Topic |   China property

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The T Plus residential property, developed by Jiayuan International Group, featured flats as small as 128 sq ft. Only two units have been sold since it was launched in December. Photo: Bloomberg
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