Why did Changzhou Longhu Beichengtian Street stop construction?

Cannot sell. Changzhou Longhu Beichengtian Street has been under construction since the government announced the start. As of March 9, 2023, the properties have not been sold, and the amount sold cannot keep up with the amount required for construction, so the official has suspended the construction. Changzhou, referred to as Chang, also known as Dragon City, is a prefecture-level city in Jiangsu Province. It is one of the central cities in the Yangtze River Delta region of China approved by the State Council, an advanced manufacturing base and a famous cultural tourism city. It is located in the south of Jiangsu Province, the hinterland of the Yangtze River Delta, east of Wuxi is adjacent to Nanjing and Zhenjiang to the west, Wuxi and Xuancheng, Anhui Province to the south, and equidistant from Shanghai and Nanjing, the two major cities. The location conditions are superior.