Far East | Real estate

Sakhalin announces 2009s 150k sq. m housing

27 Oct '09
Sakhalin has announced plans to complete construction of 150,000 sq. m of new housing by the end of the year.

Apartments to be sold in the market account for 60% of the total, individual houses for 28%, and the rest is municipal housing, regional officials said.

Most new construction is reportedly taking place in the regions capital city of Yuzhno-Sakhalinsk.
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