Online property sales are booming in China


Distressed property

From a three-story villa in Chongqing to a rundown factory in Jiangsu province, you can search, find, and buy it without leaving your living room in China.

Online distressed property sales are booming in the world’s largest bad-debt market. Global funds like Oaktree Capital Group LLC and Bain Capital LP are getting in on the action but the Internet has meant even individuals or smaller companies can snag a bargain. Banks, real estate firms and people saddled with debt they can’t service are facing either forced sales or are keen to offload assets for quick cash.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Tech News

Self-proclaimed bitcoin inventor lied 'repeatedly' to support claim, says UK judge
Ukraine's Kyivstar allocated $90 million to deal with cyberattack aftermath
Kirin's electric spoon leaps from Ig Nobel infamy to the dinner table
Google invests 1 billion euros in Finnish data centre to drive AI growth
Microsoft to unveil AI devices and features ahead of developer conference
Paris vies for Europe's AI crown as key conference beckons
‘Grand Theft Auto VI’ release set for late 2025
TikTok parent ByteDance now has China’s most popular AI chatbot
Things to know about an AI safety summit in Seoul
Venture capital investment in crypto picks up after long decline

Others Also Read