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.
LA CITE
Xuhui District
2 Bedrooms.........................................$1000-$1200
3 Bedrooms........................................ $1300-$1500
Rates subject to change
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Property Type: High-rise Apartment
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Completion Year: 2005
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Gross Area: 102-162 Sqm Bathrooms: 1-2
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Amenities and Services: 24-hour Security, Satellite TV, Gym, Indoor Pool, Children's Playground
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Furnishings: Furnished and Unfurnished
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Location: Near Xujiahui shopping center, 15 minutes to Hongqiao airport and 20 minutes to People Square, subway station is nearby within walk distance.
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Remarks: La Cite is a centrally located property consists of 8 high-rise and 1 mid-rise
buildings. The apartments are renovated with uniformed style by its developer before hand them over to the buyers. Though the renovation is same or similar, the tenant can choose different furnishings which was provided by different landlords.
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Popularity Ratings: 
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Availability: Available now for rent and second-hand purchase
Agent: Shanghai Pearl Property
Http://www.shrelocation.com
