How is land priced?

How is land priced?

Like anywhere else in the world, land prices in China vary according to the supply-and-demand market situation. There is also the basic land value that one must consider in the purchase of any land.

Some of these major considerations are:

• Location
• Conditions of the land
• Availability of infrastructure
• Cost of development
• Prospects for development
• Lease tenure
• Loan conditions

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