Property buildings are seen against the dawn sky in Beijing on April 25, 2017. Photo: REUTERS

Homebuyers snub Beijing’s version of a ‘Help to Buy’ scheme, setting back Xi Jinping’s edict to make property affordable

  • Of the 40 projects with 30,000 units opened for sale in Beijing, only 7,631 units were sold, according to Centaline Property
  • Home Joy last week sold 60 apartments out of 1,244 units earmarked for the Joint-Ownership Home scheme, while 3,990 registered buyers dropped out
Topic |   China property

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Property buildings are seen against the dawn sky in Beijing on April 25, 2017. Photo: REUTERS
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