Related News
Home 禄 Business 禄 Real Estate
Residences take over 50% of land sales
By Cherry Cao |
December 24, 2010, Friday
|
Print Edition
Print Edition
Land sales are likely to exceed 14 million square meters in Shanghai this year, and over 50 percent of the plots are designated for housing development, a major estate chain has found.
By mid December, sales of a total gross floor area of 13.12 million square meters of land have been transacted in the city, compared to 12.4 million square meters during the entire 2009, according to a recent research by Shanghai Hanyu Property Co Ltd.
Of that, land for residences reached 6.88 million square meters, or 52.4 percent of the city's total.
Land designated for home building continued to be the most sought after by real estate developers as most of them were sold at notably higher prices while those allocated for commercial uses often drew a lukewarm response from the market, Hanyu research showed.
By mid December, sales of a total gross floor area of 13.12 million square meters of land have been transacted in the city, compared to 12.4 million square meters during the entire 2009, according to a recent research by Shanghai Hanyu Property Co Ltd.
Of that, land for residences reached 6.88 million square meters, or 52.4 percent of the city's total.
Land designated for home building continued to be the most sought after by real estate developers as most of them were sold at notably higher prices while those allocated for commercial uses often drew a lukewarm response from the market, Hanyu research showed.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 娌狪CP璇侊細娌狪CP澶05050403鍙-1
- |
- 浜掕仈缃戞柊闂讳俊鎭湇鍔¤鍙瘉锛31120180004
- |
- 缃戠粶瑙嗗惉璁稿彲璇侊細0909346
- |
- 骞挎挱鐢佃鑺傜洰鍒朵綔璁稿彲璇侊細娌瓧绗354鍙
- |
- 澧炲肩數淇′笟鍔＄粡钀ヨ鍙瘉锛氭勃B2-20120012
Copyright 漏 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
