Shanghai’s local government has banned sales of residential units built on land designated for retail and office space. Photo: AFP Shanghai’s local government has banned sales of residential units built on land designated for retail and office space. Photo: AFP
Shanghai’s local government has banned sales of residential units built on land designated for retail and office space. Photo: AFP
China property
Property

Listed developers in limbo after Beijing, Shanghai crack down on ‘commercial flats’

The problem could deter developers from acquiring commercial land in the future, analysts warn

Topic |   China property
Zheng Yangpeng
Zheng Yangpeng

Updated: 2:55pm, 20 Jul, 2018

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Shanghai’s local government has banned sales of residential units built on land designated for retail and office space. Photo: AFP Shanghai’s local government has banned sales of residential units built on land designated for retail and office space. Photo: AFP
Shanghai’s local government has banned sales of residential units built on land designated for retail and office space. Photo: AFP
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