Hainan real estate investment totals RMB50.074 billion in H1 of 2013
In the first half of 2013, investment in real estate in Hainan province amounted to 50.074 billion yuan, up 29.2 % over the same period of last year, according to the 2013 Hainan real estate market report released by the China Realty Research Center (CRRC) at the Haikou Big Data Forum on September 13th.
Meanwhile, Hainan province recorded a total of 295 land transactions in first half year, up 43% year-on-year, according to the report.
Amongst the 18 cities and counties in Hainan province, Sanya and Haikou accounted for 56% of the total home sales in Hainan province during the first half of 2013, with increases of 185% and 164% compared to the same period of last year. Besides, Qionghai and Wenchang also saw a substantial upswing in housing sales.
Potential home buyers who made telephone consultations on Hainan properties were mainly from Beijing, Heilongjiang and Hebei, and most of them focused on real estate in Sanya, followed by Haikou, Qionghai, Chengmai, Wanning and Lingshui.