In 2022, almost 15.5 million square meters of new land plots were leased in Shanghai. As China's economic hub, about five percent of new land was designated for storage or industrial purposes, with another 52.2 percent allocated for commercial buildings. Almost 40 percent of new land plots were leased for building new homes for residents. Shanghai has one of the most competitive housing markets in China, with prices for land plot leases being among the most expensive in the country.
Distribution of newly leased land area in Shanghai, China in 2022, by purpose
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Statista. (March 21, 2024). Distribution of newly leased land area in Shanghai, China in 2022, by purpose [Graph]. In Statista. Retrieved November 10, 2024, from https://www.statista.com/statistics/1326014/china-distribution-of-new-land-area-leased-in-shanghai-by-purpose/
Statista. "Distribution of newly leased land area in Shanghai, China in 2022, by purpose." Chart. March 21, 2024. Statista. Accessed November 10, 2024. https://www.statista.com/statistics/1326014/china-distribution-of-new-land-area-leased-in-shanghai-by-purpose/
Statista. (2024). Distribution of newly leased land area in Shanghai, China in 2022, by purpose. Statista. Statista Inc.. Accessed: November 10, 2024. https://www.statista.com/statistics/1326014/china-distribution-of-new-land-area-leased-in-shanghai-by-purpose/
Statista. "Distribution of Newly Leased Land Area in Shanghai, China in 2022, by Purpose." Statista, Statista Inc., 21 Mar 2024, https://www.statista.com/statistics/1326014/china-distribution-of-new-land-area-leased-in-shanghai-by-purpose/
Statista, Distribution of newly leased land area in Shanghai, China in 2022, by purpose Statista, https://www.statista.com/statistics/1326014/china-distribution-of-new-land-area-leased-in-shanghai-by-purpose/ (last visited November 10, 2024)
Distribution of newly leased land area in Shanghai, China in 2022, by purpose [Graph], Statista, March 21, 2024. [Online]. Available: https://www.statista.com/statistics/1326014/china-distribution-of-new-land-area-leased-in-shanghai-by-purpose/
