Property News · March 31, 2020

China’s biggest developer Evergrande sees sales soar thanks to nationwide discounts as rivals battle for survival amid Covid-19


China Evergrande, the country’s biggest home builder, has raised its sales target aggressively after sales soared this year as its rivals struggled for survival amid the coronavirus outbreak.The developer said on Tuesday its sales in the first quarter climbed by a fifth, mainly thanks to a nationwide campaign offering discounts at all its projects, via its mobile sales app.“When all the developers cannot sell, we are the only one that can. We’ve done great amid such difficult times,” said…

Source : South China Morning Post
Read more…China’s biggest developer Evergrande sees sales soar thanks to nationwide discounts as rivals battle for survival amid Covid-19