The story appears on

Page A15

November 23, 2010

GET this page in PDF

Free for subscribers

View shopping cart

Related News

Home » Business » Real Estate

Residential projects

NEW residential projects to be released in Shanghai next month are expected to drop more than 20 percent from November, with nearly 60 percent of the new supply being located in Pudong, Baoshan, Jiading and Songjiang, real estate website Soufun.com said yesterday.

Some 64 developments, including apartments, villas as well as mixed projects, are scheduled to be launched across the city in December, a month-on-month decrease of 22 percent. Year on year, it retreated 21 percent.

Among all, medium- to large-sized houses, with a gross floor area of 90-plus square meters, accounted for 69 percent of the total supply, according to Soufun research.

The latest rein-in policies have curbed market demand while a stricter pre-sale requirement on real estate developers has also reduced new supply, Soufun analysts said.



 

Copyright © 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.

沪公网安备 31010602000204号

Email this to your friend