Fujian Province plans to build 27,000 low-rent apartments and 10,000 affordable apartments this year, according to the province's Ministry of Housing and Urban-Rural Development. The province will also complete the redevelopment of 12 million square meters of properties in 2010, and the amount is expected to hit 28 million sq m within three years. In 2009, Fujian kicked off construction on 32,900 low-rent apartments and completed 15,000 units, 12,151 units of which, totaling 580,000 sq m, cost a total of RMB 1.23 billion, which was directly invested by the central