Land in China can only be sold three times a year, according to a centralised scheme introduced by the central government in early 2021. Photo: EPA-EFE
Land in China can only be sold three times a year, according to a centralised scheme introduced by the central government in early 2021. Photo: EPA-EFE
China property
Business

China’s developers bid more for land, betting supportive measures will revive property market

  • The premium on parcels of land in eight major cities that completed their first round of auctions for the year was up from 2021
  • Most of the winning bids in the latest auctions have come from state-owned developers

Pearl Liu
Pearl Liu

Updated: 11:00am, 12 Apr, 2022

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Land in China can only be sold three times a year, according to a centralised scheme introduced by the central government in early 2021. Photo: EPA-EFE
Land in China can only be sold three times a year, according to a centralised scheme introduced by the central government in early 2021. Photo: EPA-EFE
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