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Developers let Chinese farmers pay for homes with watermelons

Channel News Asia LogoChannel News Asia1 mo ago

Developers let Chinese farmers pay for homes with watermelons

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BEIJING: Struggling developers in China have started taking payment for homes in watermelons, peaches and other agricultural produce, state media reported Sunday (Jul 3), as they attempt to lure buyers deterred by a property market slump.

"We are helping farmers with love, and making it easier for them to buy homes".

About 30 properties had been sold since the garlic campaign was launched, it added.


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Article Details

Category: Economy

Topics: China Homes Taking Garlic Watermelons Farmers Developers Market Payment Mediacorp Peaches

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-07-03, 19:58:00

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Reading Time: 2 minutes read

Article Length: 357 words

Coverage Area: Singapore

Availability: Desktop Web, Mobile Web

News ID: 27281

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About Channel News Asia

Channel News Asia Logo

Main Topics: Economy

Official Website: channelnewsasia.com

Update Frequency: 60 posts per day

Year Established: 1999

Headquarters: Singapore

News Last Updated: 1h ago

Coverage Areas: Singapore

Ownership: Independent Company

Publication Timezone: GMT +8:00

News Language: English

RSS Feed: Available (XML)

Website Security: Secure (HTTPS)

Publisher ID: #27

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