21 February 2019

Residential land supply up 28.4% in Jan-Sept, report says

China’s residential land supply rose 28.4 percent to 91,700 hectares in the nine months to September compared with a year earlier, Xinhua news agency reported Wednesday, citing data from the Ministry of Land and Resources. Land supply for commodity housing during the period stood at 71,300 hectares, up 7.3 percent from a year earlier. Four first-tier cities — Beijing, Guangzhou, Shanghai and Shenzhen — saw land supply increases during the period, and will continue to boost their supply in the fourth quarter, the report said.

– Contact HKEJ at [email protected]



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