You are here
Buyers abandon homes in China city as prices fall
[SHANGHAI] Falling property prices in China's eastern city of Wenzhou has triggered 6.4 billion yuan (S$1.3 billion) of bad loans as buyers abandoned homes and stopped making mortgage payments, the Economy & Nation Weekly reported.
Purchasers of 1,107 properties halted payments as
CALL +65 6388 3838 EMAIL email@example.com