Analysts believe developers that have been given sales permits or pre-sold [converted residential] units already will be forced to change the sites back for commercial or office use. Photo: Reuters

Shanghai blocks sales of commercial property converted for residential use

Move comes a year after Premier Li Keqiang called for more commercial space to be converted into rental housing

Topic |   China property

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Analysts believe developers that have been given sales permits or pre-sold [converted residential] units already will be forced to change the sites back for commercial or office use. Photo: Reuters
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