You are here

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

Beijing

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.

Six property...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes