The property market in Beijing has great potential

The rapid growth of the economy in five to ten years will stimulate the development of the property market in Beijing, said Song Yu, director of investments under the municipal commission of development and reform.

gross domestic product per person amounted to 3 800 dollars in Beijing and it will grow over the next few years, Song said, adding that there is still a great demand for housing in the Chinese capital.

Under this committee, about 200 000 flats will be sold annually by 2010, and the majority prefer a floor space measuring 80 to 100 sqm at a price of 2 000 to 5 000 yuan (some 242 to $ 605) per sqm.

Mr. Song said the city government now regulates the real estate market in Beijing in fighting against fraud in all forms.

The government also encouraged citizens to buy new apartments and sell their old houses.

北京的房地产市场潜力巨大

的经济在5到10年的快速增长将刺激在北京房地产市场的发展,说宋屿,投资所长市发展和改革委员会。

总值人均国内生产总值为3 800美元,在北京,并会的速度增长,未来几年,宋补充说,还有一个在北京的房屋需求甚大。
根据该委员会
,约200个单位,每年将销售到2010年,多数喜欢测量面积在2 000价格80至100平方米至5 000元人民币(约242至$ 605每平方米)。

宋先生说,市府已在北京规定的欺诈打击一切形式的房地产市场。

政府还鼓励市民购买新公寓和销售他们的老房子。

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