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Fewer units for release
By Cherry Cao |
April 13, 2012, Friday
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Print Edition
Print Edition
AROUND 160 units at three residential projects in Shanghai are set to be released at the weekend, a plunge of 70 percent from the same two-day period a week earlier, according to research released yesterday by Soufun.com.
The three developments comprising apartments located in the outlying districts of Jiading, Minhang and Songjiang will be sold at between 14,000 yuan (US$2,222) and 21,000 yuan per square meter, or an average 18,000 yuan per square meter, Soufun said.
"Two of the three projects set to be rolled out over the weekend were among the city's 10 best-selling developments last week," said Tang Zhengwei, a Soufun analyst. "They are expected to post pretty good sales again this time due to rather attractive prices."
The three developments comprising apartments located in the outlying districts of Jiading, Minhang and Songjiang will be sold at between 14,000 yuan (US$2,222) and 21,000 yuan per square meter, or an average 18,000 yuan per square meter, Soufun said.
"Two of the three projects set to be rolled out over the weekend were among the city's 10 best-selling developments last week," said Tang Zhengwei, a Soufun analyst. "They are expected to post pretty good sales again this time due to rather attractive prices."
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