Sanya’s second-hand house sales reach RMB956m in Jan-May, 2011
According to statistics released by the Hainan Real Estate authorities, the volume of Sanya’s second-house transactions in the first five months of this year stood at 853 units, with total sales reaching 956 million, reports hinews.cn.
In the period from January to May, the second house transactions area amounted to 98,800 square meters and the average home price was 9,674 yuan/sq m.
In February alone, the city’s second house transaction area totaled 12,300 sqm, with total volume reaching 117 units, both of which recorded the lowest level during the 5 months.
Last month, the average second-house price in Sanya City was 14,726/sq m, up 85.38% month on month.