New home prices in Beijing are expected to cool in 2018 amid a rise in supply and government price controls. Photo: AFP

Beijing targets housing affordability, nearly quadruples land release to boost flat supply

A surge in the amount of land made available for residential development in Beijing this year has some market watchers forecasting downward pressure on middle class home prices in the capital starting in 2018

Topic |   China property

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New home prices in Beijing are expected to cool in 2018 amid a rise in supply and government price controls. Photo: AFP
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