The developers of China Seal last year proposed an average presale price of 90,000 yuan per square metre, but that was turned down. Photo: Simon Song

Beijing developers fear 80,000 yuan per sq m is the unofficial red line not to be crossed

Two and a half years after buying prime plot of land, developers finally granted presale permit at 79,458.99 yuan per square metre

Topic |   China property

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The developers of China Seal last year proposed an average presale price of 90,000 yuan per square metre, but that was turned down. Photo: Simon Song
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