Home » Business » Real Estate
Extra land set aside for homes
CHINA provided 56,000 hectares of land for residential use in the first six months of 2010, up 135 percent over the same period last year, according to the Ministry of Land and Resources.
A significant increase in the availability of land for housing was reported in areas such as Guizhou Province, Beijing, Jiangxi Province, Heilongjiang Province and the Ningxia Hui Autonomous Region, the ministry said on its website over the weekend.
The land and resources management departments at various levels have been working hard to ensure land supplies, especially for relocated housing, public rental housing and small and medium apartments, it said.
The departments will work hard to ensure land supplies for public residential purposes, the statement added.
China implemented a series of measures to rein in soaring home prices and curb property market speculation in April. These included tighter scrutiny of applications for financing, limiting of loans for third-home purchases and higher down payments.
Latest data indicated that average housing prices in 70 major cities fell 0.1 percent in June from May.
- About Us
- |
- Terms of Use
- |
-
RSS
- |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 沪ICP证:沪ICP备05050403号-1
- |
- 互联网新闻信息服务许可证:31120180004
- |
- 网络视听许可证:0909346
- |
- 广播电视节目制作许可证:沪字第354号
- |
- 增值电信业务经营许可证:沪B2-20120012
Copyright © 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.