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.
EAST ASIA APARTMENT
Xuhui District
2 Bedrooms........................................$4000-$5000
3 Bedrooms........................................$5500-$6000
4 Bedrooms........................................$6500
Rates subject to change
- Property Type: Serviced Apartment
- Completion Year: 1997
- Gross Area: 210-316 Sqm Bathrooms: 2--3
- Amenities and Services: 24-hr Security, 24-hour Service Center, Satellite TV, Indoor Pool, Tennis Court, Gym, Sauna, Bowling, Squash Court
- Furnishings: Furnished
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Location: At Hengshan Road, a minutes walk to Xujiahui shopping center.
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Remarks: East Asia Apartment is a well-known luxury residential properties that features great location and quiet surroundings. The building is 22-story and contains only 82 units, all of which are large and spacious.
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Popularity Ratings: 
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Availability: Available now for rent
Agent: Shanghai Pearl Property
Http://www.shrelocation.com
