Investment in Hainan real estate hits RMB 119.6 billion in 2013
Sanya ranks No.1 on the property investment list in Hainan with 30.072 billion yuan in 2013.
According to the statistics bureau of Hainan province, investment in Hainan real estate reached 119.6 billion yuan in 2013, a year-on-year increase of 35%, 8% higher than the increase of total investment in fixed assets.
In 2013, investment in residential buildings reached 99.509 billion yuan, up 37.2% over the same period of last year. The figure accounted for 83.1% of total investment in real estate in Hainan, up 1.3% over the previous year.
According to the statistics released, Sanya accounted for around 27% of the total investment in real estate in Hainan, with a total investment of 30.072 billion yuan, which ranked first among cities and counties in Hainan province, followed by Haikou, Lingshui, Wanning, Chengmai, Qionghai and Wenchang.
SOURCE: WOS Team
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