Property News · April 18, 2017

Greentown China Holdings to launch “4s stores for homes”


Hangzhou-based developer Greentown China Holdings plan to establish a housing services company that specialises in repair work and renovation, on the lines of the 4s stores for cars, to tap into China’s fast-growing existing homes market.
With the Chinese government introducing the toughest-ever measures to curb speculation in new home purchases, primary home sales for the whole country may fall to about 7 trillion yuan (US$101.6 billion) to 8 trillion yuan from 10 trillion yuan last year…

Source : South China Morning Post
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