What's news
China Daily | Updated: 2014-09-09 07:02
Beijing luxury apartment sales surge in August
Price cuts helped sales of Beijing luxury apartments increase 62 percent month-on-month by area during August, according to Yahao Real Estate Service Corp. Vice-general Manager Ren Qixin said that monthly sales of luxury apartments in the first seven months averaged 100 units, compared with 200 to 300 units a year earlier, suggesting pent-up demand. That demand "is about to be released as prices continue to fall. Some projects with low prices and good quality are becoming popular," Ren said.
Carlyle Group's Asia buyout fund gets good response
Photo
