Free Trial

The land market in second-tier cities...>

CHINA PRESS
MNI (London)
CHINA PRESS: The land market in second-tier cities continues to ramp up, driven
by credit expansion after the Chinese New Year, with property developers finding
it less difficult to finance, the Economic Information Daily said citing Zhang
Dawei, chief analyst at Centaline Property. Second-tier cities surveyed by the
Centaline Property sold a total of CNY293.3 billion of land in April, a two year
high, the newspaper said. The land transaction price continue to rise amid the
market recovery, reaching a one-year high, as well as the rising premium rate
which set a new high since 2H 2018, the newspaper said. 
MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com
MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.