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By Cao Qian |
November 17, 2009, Tuesday
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Print Edition
Print Edition
LAND values in Shanghai, Beijing and Hangzhou would have the largest potential for growth in the next five years, the nation's top think-tank said in a report yesterday after researching 35 large and medium-sized cities.
Land values in cities in the southeast, Bohai Rim area and northeast parts of the country will rise faster than the average speed across the nation while those in central, southwest and northwest China might register a slower-than-average growth, the report said.
Across the country, transaction volumes of land designated for home building have been rising for eight consecutive months through September, according to the report.
The report also said that house values in Shanghai, Shenzhen and Beijing would likely rise the most among the 35 monitored cities.
Land values in cities in the southeast, Bohai Rim area and northeast parts of the country will rise faster than the average speed across the nation while those in central, southwest and northwest China might register a slower-than-average growth, the report said.
Across the country, transaction volumes of land designated for home building have been rising for eight consecutive months through September, according to the report.
The report also said that house values in Shanghai, Shenzhen and Beijing would likely rise the most among the 35 monitored cities.
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