Chinese homeowner buys 34th-floor flat in 32-storey building, gets no compensation

Jun 8, 2026 | INVESTING

A Chinese man bought a flat on the 34th floor of a newly developed building only to be told four years later that the building only had 32 floors.
The man, surnamed Shen, from northwestern China’s Shaanxi province, bought a new-build flat in a village near the provincial capital city Xian in 2013.
He bought a 90-square-metre unit on the 34th floor of a building which cost 2,646 yuan (US$400) per square metre.
It was about one third of the average housing price, because the residential compound…

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