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.

Monday, December 3, 2007

ORIENTAL MANHATTAN

ORIENTAL MANHATTAN
Xuhui District

2 Bedrooms.....................................$1000-$1500
3 Bedrooms.....................................$1500-$2500
4 Bedrooms.....................................$2000-$3500
Rates subject to change

  • Property Type: High-rise Apartment

  • Completion Year: 2001-2004

  • Gross Area: 85-190 Sqm Bathrooms: 1-3

  • Amenities and Services: 24-hour Security, Satellite TV, Gym, Indoor Pool, Tennis Court, Squash Court, Billiard, Table Tennis, Spa

  • Furnishings: Furnished and Unfurnished

  • Location: At Xujiahui shopping center, 15 minutes to Hongqiao airport and 20 minutes to People Square, 5 minutes walk to subway station.

  • Remarks: Oriental Manhattan is one of the most popular and well-known apartment communities in Shanghai, it is perfectly located at heart of city center with a few minutes walk to Xujiahui shopping district, relaxation park and public transport. The whole project was divided into 3 phases and started to built from year 2001 and finished by year 2004. The phase 3 is also called Upper East which is pre-renovated and equipped by its developer with quality material and appliance. The complex has two well-equipped club facilities including indoor pool, gym, tennis court and spa

  • Popularity Ratings:

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

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