Over 36 bln invested in Guangzhou real estate - GD Economy - News Brief

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Over 36 bln invested in Guangzhou real estate

Latest Updated by 2004-12-16 11:03:25

According to the latest statistics, over 36 billion yuan were invested in Guangzhou's real estate in the first 11 months of 2004, up 11 percent over the same period last year.

The city's real estate sector sold 6.3 million square meters, up 11.6 per cent over the same period last year. Currently 6.2 million square meters are unsold in the city, down 13.1 per cent.

Experts say, the figures show the sector is maintaining stable and healthy development.

Editor: Olivia

By: Source:Radio Guangdong website

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