Property tycoon hunted by residents
By Xu Fan | China Daily | Updated: 2010-01-13 08:00
Almost 500 property owners from Chaowai SOHO and SOHO Shangdu are jointly seeking compensation from Pan Shiyi, a "superstar" among Chinese developers, for allegedly failing to fulfill a promise.
Pan, followed by nearly 370,000 fans on his micro blog and recognized as the most entertaining developer in China for exaggerated comments, is also well known for his specific "SOHO commercial style".
However, Pan has been involved in numerous issues in recent months including that of Jianwai SOHO, one of Pan's landmark projects, which had its power switched off for owing huge electricity fees.
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