Average land prices in the first-tier cities have soared 42 per cent so far this year. Photo: AFPAverage land prices in the first-tier cities have soared 42 per cent so far this year. Photo: AFP
Average land prices in the first-tier cities have soared 42 per cent so far this year. Photo: AFP
Property /  Hong Kong & China

Land prices firm up as China's interest rate cut spurs buying

Developers believe the worst is behind as Beijing policy change encourages more bullish outlook

Sandy Li
Sandy Li

Updated: 3:52pm, 2 Dec, 2014

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Average land prices in the first-tier cities have soared 42 per cent so far this year. Photo: AFPAverage land prices in the first-tier cities have soared 42 per cent so far this year. Photo: AFP
Average land prices in the first-tier cities have soared 42 per cent so far this year. Photo: AFP
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