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Chinese homeowner buys 34th-floor flat in 32-storey building, gets no compensation

Chinese homeowner buys 34th-floor flat in 32-storey building, gets no compensation
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A Chinese man bought a flat on the 34th floor of a newly developed building only to be told four years later that the building only had 32 floors. The man, surnamed Shen, from northwestern China’s Shaanxi province, bought a new-build flat in a village near the provincial capital city Xian in 2013. He bought a 90-square-metre unit on the 34th floor of a building which cost 2,646 yuan (US$400) per square metre.

A Chinese man bought a flat on the 34th floor of a newly developed building only to be told four years later that the building only had 32 floors. The man, surnamed Shen, from northwestern China’s Shaanxi province, bought a new-build flat in a village near the provincial capital city Xian in 2013. He bought a 90-square-metre unit on the 34th floor of a building which cost 2,646 yuan (US$400) per square metre. It was about one third of the average housing price, because the residential compound...
Chinese (ORG) 34th (ORG) Shen (PERSON) China (LOCATION) Shaanxi (LOCATION) Xian (ORG)
Originally published by South China Morning Post Read original →