China Financial Daily

Dongguan, a contract in May to the decline of land prices rose slightly more than the Central
Dongguan market driven warming of the warming of land transactions, commercial and residential property market in May this year to reach a small peak volume, traded a total area of 134,000 square meters, the volume of transactions was 5.7 billion, the Central has a big increase over the previous month. However, the industry pointed out that the recent turnover of more commercial and residential land to the reserve price or slightly higher than the reserve price contract, Dongguan blowout is unlikely that the land transaction.

Increased area of land transactions

May, Dongguan in the property market continued to heat up, and with complementary commercial and residential land market has also ushered in a small peak years. All the rich glory [2.38 -1.65%] Dongguan market research department showed that in May 2009 a total turnover of land for commercial and residential Dongguan 5, traded a total area of 134,000 square meters, the volume of transactions was 5.7 billion, are up to 2009 5 traded on the highest index value. Central than in April of commercial transactions, the month the transaction size and the amount of both increased dramatically.