The value of land sold in Shanghai during the month of March dipped to less than RMB 10 billion, the lowest volume since April 2013, as the city appears to be reducing the amount of land made available on the… Read More>>
China’s Top 10 Developers Spend RMB 37B on Land in 4 Cities Since Jan 1
China’s 10 biggest developers poured more than half of their RMB 63.9 billion (US$10.5 billion) in land purchases this year into four of the country’s biggest cities as competition for prime locations increases.
A recent report in the Securities Daily… Read More>>
Singapore Developer Sets Shanghai Land Price Record with Huangpu Buy
China’s rebounding real estate market continues to drive up land prices, as a subsidiary of Singapore’s Wing Tai group recently set a new record by paying RMB 42,821 (US$7,028) per square metre of planned space for a plot near Xintiandi.
Average Land Prices in Shanghai Drop 40% as Developers Become More Cautious
While the amount of land sold in Shanghai during 2011 was up compared to 2010, the amount of revenue that the local government achieved through these sales dropped during the past year. According to reports from local media, the greatest… Read More>>
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