Prices at new property projects to be launched in Beijing in June are expected to drop to RMB 20,490 per square meter, down 3.9% from this month, the National Business Daily reported, citing data from Beijing-based Yahao Real Estate Selling & Consulting Solution Agency.
According to the data, 39 property projects will be launched in June in the city, 16 of which are brand-new, with an average price of RMB 19,913 per square meter, as more developers are choosing to offer discounts to counter the negative effects from the government's property policies..............................................Full Article: Source
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