Commercial complex gets record presale bid of 350,000 yuan per square meter

Bund Finance Center, a commercial complex project in the Bund area of Shanghai, has got a record presale price of 350,000 yuan ($56,960) per square meter, a company official said on Friday

Wu Yang, executive officer of the project, said the company had to disclose the presale price due to the regulatory requirements for presale projects and added that the record price would give a major lift to other commercial realty projects in the city.