Land Made Avaiable for Housing in 2011 Hits New High
Published:
2011-05-13
The Ministry of Land and Resources yesterday published its plan for the supply of land designated for housing. According to the plan, 218,000 hectares will be set aside for new housing projects this year, which is about twice the amount of land made that was actually made available in each of the past two years. Of the total land made available, 77,400 hectares, or just over 35%, will be dedicated to government-subsidized housing, which is 138.9% more than the amount the amount of land made available for subsidized housing last year.
Source
China Securities Journal
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