The Hainan good life offers natural choice for home buyers
By Liux Iaoli In Haikou | China Daily | Updated: 2016-02-13 08:11
As cities in many parts of China have experienced winter smog and haze, Hainan island is becoming more of a desirable destination for those wishing to buy property.
Interest from buyers and potential buyers from Beijing has seen a growing number fly to the island to buy or inquire about holiday homes to escape the smog. Rising property prices reflect this trend, Chinese media reported.
Ocean Flower Island at Danzhou in western Hainan, a property developed by Evergrande group, was put on the market on Dec 28 for 12.2 billion yuan ($1.85 billion) but after just one hour the developer soon announced a price rise.
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