| 28.07.2009 - China conducts survey on land lease costs, property prices |
| From Nasdaq.com: Land lease costs in China account for 23.2% of the prices of new property developments on average, a survey by the Ministry of Land and Resources shows. The cost of land, in effect the lump sum developers pay local governments to lease land, accounts for between 5.3% and 58.6% of the prices of new developments, according to the survey, posted on government Web site Landvalue.com..........Full Article: Source |