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By Cherry Cao |
August 17, 2012, Friday
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Print Edition
Print Edition
THE supply of new homes in Shanghai will hit the highest in about 10 weeks at the weekend as real estate developers gear up for September, a traditional high season for home purchase.
Nearly 1,000 units at seven projects - six apartment developments and one villa project - will be released during the weekend, the most since June, according to Soufun.com. Average price of the new homes, most of which are low to mid-end apartments located in outlying districts, is around 17,500 yuan (US$2,756) per square meter.
Nearly 1,000 units at seven projects - six apartment developments and one villa project - will be released during the weekend, the most since June, according to Soufun.com. Average price of the new homes, most of which are low to mid-end apartments located in outlying districts, is around 17,500 yuan (US$2,756) per square meter.
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