23 July 2019

Shanghai land transfer revenue hits 201.2 bln yuan, paper says

Shanghai has collected a record 201.2 billion yuan (US$33.12 billion) in land transfer fees so far this year, property news portal reported Friday, citing data from the municipal land authority. It took just 10 months to eclipse the full-year record of 152.7 billion yuan set in 2010. More than a dozen plots are scheduled to be sold this month, the report said.

– Contact HKEJ at [email protected]



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