Shanghai Real Estate market

Shanghai (Chinese: 上海; Pinyin: Shànghǎi; Shanghainese: /zɑ̃'he/; abbreviation: 沪; nickname: 申), situated on the banks of the Yangtze River Delta in East China, is the largest city of the People's Republic of China and the eighth largest in the world.[4] Widely regarded as the citadel of China's modern economy, the city also serves as one of the nation's most important cultural, commercial, financial, industrial and communications centers. Administratively, Shanghai is a municipality of the People's Republic of China that has province-level status. Shanghai is also one of the world's busiest ports, and became the largest cargo port in the world in 2005.
Originally a fishing town, Shanghai became China's most important city by the twentieth century and was the center of popular culture, intellectual discourse and political intrigue during the Republic of China era. After the communist takeover in 1949, Shanghai languished due to heavy central government taxation and cessation of foreign investment, and had many of its supposedly "bourgeois" elements purged. Following the central government's authorization of market-economic redevelopment of Shanghai in 1992, Shanghai has now surpassed early-starters Shenzhen and Guangzhou, and has since led China's economic growth. Some challenges remain for Shanghai at the beginning of the 21st century, as the city struggles to cope with increased worker migration, a huge wealth gap, and environmental degradation. Despite these challenges, Shanghai's skyscrapers and modern lifestyle are often seen as representing China's recent economic development.

Saturday, December 1, 2007

8 PARK AVENUE

8 PARK AVENUE
Jin An District

1 Bedroom.....................................$900-$1050
2 Bedrooms.....................................$1300-$1800
3 Bedrooms.....................................$2000-$2500
Rates subject to change

  • Property Type: High-rise apartment

  • Completion Time: August. 2006

  • Gross Area: 71-197Sqm Bathrooms: 1-2

  • Amenities and Services: 24-hour Security, Satellite TV, 50-meter-long Indoor Pool, Gym, Sauna, Steam Bath, Tennis Court, Children's Playground, Squash Court, Open-air Cafe and Bowling Alley

  • Furnishings: Furnished and Non-furnished

  • Location: 5 minutes north of Nanjing road CBD, walk distance to Portman hotel and plaza 66.

  • Remarks: Sister compound of One Park Avenue offering good quality uniformed interior renovation and state-of-art leisure facilities.
    8 Park Avenue is favorably located at north part of Nanjing road, offering easy access to major grade A office buildings at Nanjing road CBD such as Plaza 66, Citic Square and Westgate Mall, it also can be easily approached by public transport to Pudong Lujiazui financial area. Thanks to its convenient location, many professional expats working at these central business districts prefer to live here to save commuting time to work everyday. All the apartments have been sold to the private landlords who bought the flat for investment purpose.

  • Popularity Ratings:

  • Availability: Available now for rent and second-hand purchase


Note: Above pictures were taken from a model unit of which furnishings and appliances may vary from the actual ones


Agent: Shanghai Pearl Property
Http://www.shrelocation.com