2015-01-18

Beijing Land Sales Heat Up in 2015

iFeng: 北京土地市场一扫去年阴霾 半月吸金284亿 (Beijing land sales sweep away last year's clouds, attracts 28.4 billion in two weeks)

SCMP: Land buying in China’s first-tier cities could drag them out of property downturn soon
“Land acquisition appetite is certainly higher in first-tier cities where land supply is limited,” said Alan Jin, an analyst at Mizuho Securities.

He noted land price in tier-1 cites were up even in 2014.

“We expect land price in all tier-1 cities would continue to grow, very likely at a faster pace than last year,” he said.

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