Land sale in Shanghai made more transparent

SHANGHAI: Eight residential plots have been put up for sale since land transactions opened officially on Saturday.

Potential buyers can check the sale procedure, including the process of claiming documents, seeking appointment for land inspection and the time for application on the Shanghai Municipal Housing, Land and Resource Administration Bureau website.

And from now, announcements on the sale of all residential plots in Shanghai and their transactions have to be done at an open market in Pudong, set up jointly by the bureau and Shanghai's Commission for Discipline Inspection of the Communist Party of China.