Press "Enter" to skip to content

China’s tier-two cities see land markets heat up as developers go on shopping spree

THE WIRE WITH UP-TO-THE-MINUTE UPDATES

China's second-tier cities see land market heating up as property developers go on a shopping spree. Analysts say the recent real estate restrictions announced in Suzhou is a strong signal that the authorities are growing concerned about the overheating market.

According to data from Hong Kong-based Centaline Property, in April, China's tier-two cities raked in 293.3 billion yuan in land sales revenue, the highest amount in nearly two years.

A report from Shanghai E . . .

To continue reading, please subscribe. You will get

  • ORIGINAL & IN-DEPTH reporting about key trends in China's economy and financial markets
  • THE WIRE 7*24 - up-to-the-minute updates, with details and data you won't find elsewhere. 
  • DAILY BRIEF - daily newsletter to give you a quick overview of the most important business news every day.
  • QUALITY MATTERS. We provide quality information to help intelligent and professional readers make informed decisions. 

 

FREE TRIAL FOR A WEEK cancel anytime

GRAB THE MID-YEAR SPECIAL OFFER !

SUBSCRIBE AT $0.5 A DAY! 

 

Contact us for group subscriptions: contact@yuantalks.com

We highly value independence. We are solely funded by subscriptions from intelligent readers like you. Not ready for our full service? Try Free Weekly Newsletter first.

 

Already have an account? Sign In

Top