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Guangdong's property investment for H1 hits RMB 150.79 bln
Jul. 28, 2010 (China Knowledge) - Guangdong Province saw its property investment totaled RMB 150.79 billion in the first half of this year, reflecting a year-on-year increase of 32.85%, according to statistics yesterday released by the province's bureau of statistics and real estate association. During the period from January to June, the province saw a total of RMB 106.71 billion investment into apartments, RMB 955 million into residential properties for low-income families, RMB 14.88 billion into villas and high-end apartments. The year-on-year growth of investment in residential properties was 30%, an amount lower than 39% in office space and 35.25% in commercial properties.

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