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

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

TOP PICKS

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