|Friday, 31st December 2010|
Source : HVS International
The value of commercial and residential land prices fell by between 2% and 3% in the third quarter of 2010 compared with the same quarter in 2009.
Commercial land was estimated to be worth US$2,800 per square metre, down from US$2,850 in the second quarter of 2010.
Residential land on the other hand was estimated to be worth US$1,600 per square metre, down from US$1,650 for the second quarter of the year as well.