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Developers in China lure buyers with discounts and facilities

Developers in some cities have integrated their products with tourism, retirement facilities or education to cater to targeted consumer groups and revive the sluggish market.


AS unsold homes mount up, Chinese developers have lost their appetite for land and are focusing on getting rid of inventory.

The sales centre of a new development in Nanning is offering discounts of 80,000 yuan (S$17,345) for each home bought. The average price per square...

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