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Shanghai to sell 24 land plots in April
By Cherry Cao |
March 28, 2013, Thursday
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Online Edition
Online Edition
TWENTY-FOUR land plots with a combined site area of more than 1.3 million square meters will be released in Shanghai next month.
Parcels totaling 1.35 million square meters with a combined starting price exceeding 11.36 billion yuan (US$1.8) will go on sale in April, according to Soufun.com, operator of the country's largest real estate website.
That compared to nine plots covering 306,700 square meters in April 2012. Those plots fetched around 1.12 billion yuan.
Three of the 24 plots are designated for commercial housing projects, nine for commercial real estate development and 12 to build homes for relocated residents, Soufun said.
Seven of the plots will be released the Pudong New Area and six in Jiading District.
Parcels totaling 1.35 million square meters with a combined starting price exceeding 11.36 billion yuan (US$1.8) will go on sale in April, according to Soufun.com, operator of the country's largest real estate website.
That compared to nine plots covering 306,700 square meters in April 2012. Those plots fetched around 1.12 billion yuan.
Three of the 24 plots are designated for commercial housing projects, nine for commercial real estate development and 12 to build homes for relocated residents, Soufun said.
Seven of the plots will be released the Pudong New Area and six in Jiading District.
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