Make me your Homepage
    left corner left corner
    China Daily Website

    Price records set for prime land

    Updated: 2013-09-06 07:18
    By Wang Ying in Shanghai (China Daily)

    Rebounding property prices are driving developers to pay more for prime land, with two new price records being created within 24 hours in the nation's financial hub and the capital.

    A large piece of land in Shanghai's downtown Xujiahui area was sold for 21.77 billion yuan ($3.56 billion) on Thursday, becoming the nation's most valuable plot since 2010.

    Price records set for prime land

    Hong Kong developer Sun Hung Kai Properties Ltd outbid its regional rivals Wharf (Holdings) Ltd and Henderson Land Development Co Ltd by offering 4.2 billion yuan above the opening price of 17.5 billion yuan.

    The 99,000-square-meter parcel of land will be developed into a complex with 580,000 sq m of above ground buildable area and an extra 120,000 sq m of underground space, including offices, restaurants and hotels. The accommodation value based on the above-ground area is 37,264 yuan per sq m.

    Analysts said the development of this land plot will enhance the surrounding properties' quality and attract high-end companies to move to the district.

    Lu Qilin, research director at Shanghai Deovolente Realty, said the deal was not affected by recent market rumors saying that Hong Kong business tycoon Li Ka-shing intended to sell his office properties in Shanghai.

    The Xujiahui center development site fetched a 24 percent premium albeit with only three bidders, showing major Hong Kong developers are still confident in Shanghai's commercial property market, Lu added.

    The price paid and the size of the investment show Sun Hung Kai's commitment to the mainland market and its confidence in the long-term sustainability of the market, said James Macdonald, head of Savills Research and Consultancy.

    Previous Page 1 2 Next Page

     
    8.03K
     
    ...
    亚洲自偷自偷偷色无码中文 | 蜜桃无码AV一区二区| 精品无码日韩一区二区三区不卡| 中文精品久久久久人妻不卡| 亚洲av无码一区二区三区在线播放| 亚洲精品无码永久中文字幕 | 精品国产毛片一区二区无码| 内射人妻少妇无码一本一道| 中文字幕无码无码专区| 国产成人无码一区二区三区| 精品国产V无码大片在线看| 日本久久久久久中文字幕| 无码人妻丰满熟妇区五十路| 亚洲爆乳无码一区二区三区| 欧美日韩中文字幕久久久不卡 | 中文字幕精品一区二区精品 | 中文字幕无码不卡免费视频| 国产成人精品无码免费看| 亚洲av永久无码精品国产精品| 熟妇女人妻丰满少妇中文字幕| 亚洲精品无码永久中文字幕| 中文在线中文A| 精品无码人妻久久久久久| 无码少妇一区二区三区| 无码毛片AAA在线| 日韩欧美中文字幕一字不卡| 精品人妻中文av一区二区三区| 中文字幕亚洲乱码熟女一区二区| 亚洲精品一级无码中文字幕| 无码精品第一页| 中文字幕无码毛片免费看| 亚洲av无码不卡私人影院| 少妇无码太爽了不卡视频在线看| 91无码人妻精品一区二区三区L| 成年无码av片在线| 国产成人无码av片在线观看不卡| 超清无码无卡中文字幕| 日韩少妇无码一区二区三区| 久久久久久亚洲精品无码| 五月婷婷无码观看| 亚洲乳大丰满中文字幕|