Property News · December 5, 2017

Beijing goes all out on housing affordability, ramps up land release to boost flat supply


Potential homebuyers who missed out on the real estate boom in Beijing may get a second chance to get on the property ladder, as an aggressive government land sales programme over the past 12 months has fed the supply pipeline of new homes in the nation’s capital.
Recent data shows that Beijing’s residential land supply is on course to hit a four-year high in 2017, or nearly quadruple last year’s level.
In January through November, Beijing offered 9.45 million square metres of…

Source : South China Morning Post
Read more…Beijing goes all out on housing affordability, ramps up land release to boost flat supply

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