15 High Rise Buildings Turned to Rubble Within 45 Seconds | Unfinished Building | China Real Estate

At 3:30 pm on August 27th, following a series of loud explosions, 14 out of 15 unfinished buildings were blasted down. These buildings are located in the A1, A3, and A4 plots of the Phase Two Project in Liyang Star City Community, Kunming City. The total of these properties is worth more than one billion US Dollars, and were instantly turned into rubble, after almost 10 years of life. The buildings that were blasted down belonged to the phase two project of the Liyang Star City Community, which is located in Wuhua District, Kunming City, Yunnan Province, covering an area of approximately 56 acres, composing four plots. Looking into the development history of the Kunming housing market, you will find that unfinished buildings are everywhere, and almost all the once popular development areas have had several unfinished projects. According to mainland media reports, as of May of this year, 93 unfinished projects have been counted in Kunming, among them, 26 projects have been resolved so far. Another 30 p