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Commercial property sales spike in capital

By Hu Yuanyuan | China Daily | Updated: 2013-03-16 08:03

Beijing's commercial property and office building sales surged 320.5 percent in the first 10 days of March, as more investors shifted their focus in response to the government's new measures to cool down the residential sector.

Real estate brokerage company Century 21st said on Thursday that 759 units of commercial properties were sold and registered online from March 1 to 10, accounting for 6.3 percent of all transactions recorded during the period.

The surge in commercial-property transactions followed the latest moves by the State Council to control the property market.

Commercial property sales spike in capital

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