Is the apartment in the design capital of Guangzhou suitable for investment?

The apartment in the design capital has only the right to use, but no property right. Moreover, the on-site sales staff and advertisements write the right to use for 40 years, and the actual contract signed is only valid for 20 years. The income from leaseback is uncertain. The leaseback contract was signed with another company, not with the company that sold the right to use it. Everything the on-site sales staff said was just to deceive and mislead you into paying the deposit and signing the contract.

Sales staff cheated people to buy under the banner of Baiyun Government Project, Vanke Property Management and Baiyun City Investment Group. In fact, the property manager of the apartment is not Vanke, and the seller of the apartment is not Baiyun City Investment Group.

Guangzhou Design Capital is located at the west foot of Baiyun Mountain in Baiyun District, Guangzhou, in the city center, at the leading position of Guangzhou-Shenzhen Science and Technology Innovation Corridor and the innovation node of Airport Economic Zone. In the future, it will become the cradle of international brands, the benchmark of industrial innovation, the business card of city image and the demonstration of green enjoyment.

The design capital of Guangzhou is actually an apartment without property rights. Why do builders say that? Because it was actually decided by SASAC when it occupied the land. When the land was originally taken, it was required that the land be self-sustaining 50%, and the land use right was still owned by Baiyun City Investment. In this way of thinking, only the right to sell the house without the right to use the land is the long-term rental model.