Home » Business » Real Estate
Fewer new homes
By Cao Qian |
July 21, 2010, Wednesday
|
Print Edition
Print Edition
THE supply of new homes is expected to drop by half in Shanghai next month as real estate developers continue to keep a wary eye on the government's future stance.
As of yesterday, a total of 23 new residential projects, excluding those designated for relocated residents under urban redevelopment plans, have scheduled launches in August, a drop of 55 percent from same time a year earlier, according to soufun.com, a real estate information website.
On a month-on-month basis, it fell 49 percent from July, soufun statistics showed.
Sixteen projects, or 70 percent of the total, are apartment developments while 19 projects are beyond the city's Outer Ring Road. Five new projects to be introduced next month are in the Pudong New Area, outnumbering any other district or county.
As of yesterday, a total of 23 new residential projects, excluding those designated for relocated residents under urban redevelopment plans, have scheduled launches in August, a drop of 55 percent from same time a year earlier, according to soufun.com, a real estate information website.
On a month-on-month basis, it fell 49 percent from July, soufun statistics showed.
Sixteen projects, or 70 percent of the total, are apartment developments while 19 projects are beyond the city's Outer Ring Road. Five new projects to be introduced next month are in the Pudong New Area, outnumbering any other district or county.
- 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.
