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.
THE LAKEVILLE
Luwan District
2 Bedrooms..............................$2000-$2600
3 Bedrooms..............................$3000-$4000
Duplex.....................................$5500-$6000
Rates subject to change
- Property Type: Apartment
- Completion Year: 2003
- Gross Area: 116-235(duplex) Sqm Bathrooms: 1-3
- Amenities and Services: 24-hour Security, Satellite TV, Gym, Sauna, Indoor Pool, Golf Practice Range.
- Furnishings: Fully Furnished
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Location: Behind Huaihai road, 2 minutes walk to Xintiandi entertainment street, 10 minutes walk to subway station.
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Remarks: Lakeville is one of the most popular leasing property in Shanghai, it is excellently located at central Luwan district with a few steps away from Xintiandi, the best recreation and nightlife facilities in the city which offers numerous fine restaurant, bars and boutique shops loved by expats communities. The well-designed complex features three 8 to 12 story apartment buildings, one 19-storey and one-23 story high-rise, a condo villa with a total of 283 units. The apartments certainly provide high-standard renovation and furnishings and some of units are enjoying the lake view at Taipingtiao Park
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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
