How have the prices developed recently? PDF Print E-mail

Prices for Grade A apartments have gone from about USD450per sq.m in 2003 to 580per sq.m in 2004 to around USD750 per sq.m in 2005 and to USD900 per sq.m in 2006. This is fairly normal price appreciation for an economy that is growing at 10% and has 500,000 people in the hillside waiting to migrate into apartments.

 
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