There are many good reasons to buy a new, not second-hand, home in China. Every time I talk to property investment expert Chris Dillon I glean something new. Most of it is common sense, such as if you buy from a developer, you evade to 0.5 per cent to 3 per cent estate agent commission, depending on location and your negotiating skills.
In addition, the developer should have resolved any title issues and you’ll get the full 70 year land lease from scratch. You probably have a better chance of a good quality building with decent landscaping and services and management.
Reported by S.China Morning Post 40 minutes ago.
In addition, the developer should have resolved any title issues and you’ll get the full 70 year land lease from scratch. You probably have a better chance of a good quality building with decent landscaping and services and management.
Reported by S.China Morning Post 40 minutes ago.