Property News · April 18, 2018

China Vanke’s US$287,000 rental challenge: ‘we freeze monthly rents if you prepay a decade upfront’


China Vanke, one of the largest developer in China, will soon roll out a number of long-term leasing options for a new rental housing project on the outskirts of Beijing, in what’s being seen as an important test case of the government’s policy to encourage private developers to add to the rental supply.
The project includes an unusual offer from the developer, whereby those who prepay a 10-year lease for an upfront fee are guaranteed no monthly rental increases during the period….

Source : South China Morning Post
Read more…China Vanke’s US7,000 rental challenge: ‘we freeze monthly rents if you prepay a decade upfront’

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