Collector
Chinese homeowner buys 34th-floor flat in 32-storey building gets no compensation | Collector
Chinese homeowner buys 34th-floor flat in 32-storey building gets no compensation
South China Morning Post

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

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...

Go to News Site