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Developer pays record 12,517 yuan psm for southern China land

Bidding frenzy sees six developers vie for 42,500 sq m plot in Dongguan manufacturing hub: report
Thursday, September 22, 2016 - 05:50


A PARCEL of land in China's southern manufacturing hub Dongguan sold for a record price after developers went into a bidding frenzy, the Shanghai Securities News reported on Wednesday, adding to worries the country's property market is at risk of overheating.

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