During China's annual Double 11 shopping festival, a shopper purchased a two-bedroom apartment for a mere 11 yuan (US$1.7). The property, located in Heilongjiang province, was sold via Alibaba Auction, a platform operated by Alibaba Group. While the sale generated significant buzz, a lawyer cautioned that such deeply discounted properties might have underlying issues like unclear titles or unpaid fees. AI
RANK_REASON The story is about an unusual consumer purchase during a shopping festival, not a significant industry development.
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