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.
BEVERLY COURT
Xuhui District
3+1 bedrooms..............................$5000-$6000
Rates subject to change
- Property Type: Low-rise Apartment
- Completion Year: 2001
- Gross Area: 242 Sqm Bathrooms: 3
- Amenities and Services: 24-hour Security, Satellite TV, Gym, Provide membership card at Shanghai International Tennis Center
- Furnishings: Furnished and Unfurnished
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Location: at Fuxi Road in the heart of French Concession. minutes walk to American, German and Singapore consulates
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Remarks: quiet and green surroundings, spacious layout, large kitchen and balcony. Beverly Court is a 6-story low-rise building providing only 20 units in total. The project is jointly built by Shanghai Government and famous Hongkong entrepreneur and charitarian named Mr.Liu Hao Qing. The rent income produced is used for charity purpose as Shanghai education foundation and update facilities and equipments in the schools that were initiated and maintained under the name of Mr. Liu Hao Qing
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Popularity Ratings: 
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Availability: Contact for info
Agent: Shanghai Pearl Property
Http://www.shrelocation.com
