Home 禄 Business 禄 Real Estate
Shanghai sets 'budget' costs
By Cao Qian |
December 11, 2009, Friday
|
Print Edition
Print Edition
PRICES for the city's first batch of budget homes were set yesterday by the housing bureau at between 4,800 yuan (US$703)and 5,200 yuan per square meter, less than half the current market price.
Different apartments will be sold at different prices with a maximum 10 percent fluctuation allowed, the Shanghai Housing Guarantee and Administration Bureau said yesterday in a statement.
Apartments at the threedevelopments, two in Minhang District and one in Songjiang District and all beyond the city's Outer Ring Road, have a space range of about 45to 85 square meters.
Budget homes are built for those who cannot afford to buy standard houses or are qualified to receive low-rent apartments from the government.
Budget homes were not allowed to be traded on the market within five years of their purchase date, the bureau said yesterday.
Shanghai Mayor Han Zheng said on Wednesday that the housing issue was a priority for the government and the city would improve daily living conditions for residents while boosting its economy as well.
Shanghai has already started construction on a totalof 6 million square metersof budget housing.
Different apartments will be sold at different prices with a maximum 10 percent fluctuation allowed, the Shanghai Housing Guarantee and Administration Bureau said yesterday in a statement.
Apartments at the threedevelopments, two in Minhang District and one in Songjiang District and all beyond the city's Outer Ring Road, have a space range of about 45to 85 square meters.
Budget homes are built for those who cannot afford to buy standard houses or are qualified to receive low-rent apartments from the government.
Budget homes were not allowed to be traded on the market within five years of their purchase date, the bureau said yesterday.
Shanghai Mayor Han Zheng said on Wednesday that the housing issue was a priority for the government and the city would improve daily living conditions for residents while boosting its economy as well.
Shanghai has already started construction on a totalof 6 million square metersof budget housing.
- 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.
