A total of 26 plots of business land, with an area of 1.523 million square meters and the starting price of CNY 31 billion, will come into market in Shanghai in September.
It includes 11 plots of residential land, two plots of residential and commercial land, seven plots of commercial land and six plots of resettlement land. The 11 plots of residential land cover an area of 727,400 square meters, the highest supply within this year.
The Shanghai land market's premium may rise in September and the competition of developers will become fiercer.
Source:
http://www.sinocast.com/readbeatarticle.do?id=99010
