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shanghai | Mike's China Times

May 21, 2010 · Price reforms and increased construction of sewage disposal plants make increases over the next 2yrs inevitable. RE – 35K yuan ($5K) per square meter in Shanghai. Res sales jumped 34.8% yoy. Many of the high-end units were 3rd homes, priced at 6-8M yuan over 150-200 square meters. Shanghai only declined 20-30% during the 2008 downturn.

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datang | Mike's China Times

May 21, 2010 · Land sale revs up 63% yoy to 1.59T yuan in 2009, res dev prices growing faster than land for biz and industrial dev. Govt inv only rose 9% in Q1, decline in growth rate for urban FAI. Central and local govts are slowing down expansion of construction projs.