Beijing finished its first round of land sales on February 16 and 17, fetched 48 billion yuan, 73 per cent more than the third round last year. Photo: Reuters
Beijing finished its first round of land sales on February 16 and 17, fetched 48 billion yuan, 73 per cent more than the third round last year. Photo: Reuters

Beijing latest Chinese city to report improved land sales, rising property sector sentiment

  • Fewer plot withdrawals, increase in premiums suggest the marketing is warming up, analyst says
  • The central and local governments have recently eased measures to boost real estate

Beijing finished its first round of land sales on February 16 and 17, fetched 48 billion yuan, 73 per cent more than the third round last year. Photo: Reuters
Beijing finished its first round of land sales on February 16 and 17, fetched 48 billion yuan, 73 per cent more than the third round last year. Photo: Reuters
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