Hangzhou Land auction prices in different plates map

in #realestatefinance7 years ago

1.jpg

This is only the dough price of the apartment ( land auction price per square unit) , the bread price is expected to be 50% higher this above stated price.

This is only Hangzhou City, Shanghai will be 70-100% higher than Hangzhou.

This is RMB/spuare meters, exchange rate for USD is 6.33 RMB=1 USD.

What do you think ? largest bubble in real estate history since Tokyo ?

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