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.
SHANGHAI AMERICAN HOMES
Changning District
2-5 bedrooms................................$3500-$6000
Rates subject to change - Property Type: Low-rise Apartment
- Completion Year: 1997
- Gross Area: 197-243 Sqm Bathrooms: 2-3
- Amenities and Services: 24-hour Security, 24-hour Service Center, Satellite TV, Gym, Children's Playground, Shuttle Bus Service
- Furnishings: Fully Furnished
- Location: Central part of Changing district, 5 minutes drive to Carrefour supermarket and Hongqiao airport, 20 minutes to downtown.
- Remarks: Shanghai American Homes is located a quiet and green surroundings, the low-rise apartments complex consists of three 5-story apartments buildings offer in total 72 American style units. Each apartments provides spacious layout with large balcony, full-size appliances and quality furniture.
- Popularity Ratings:
- Availability: Available now for rent
agent: Shanghai Pearl Property
Http://www.shrelocation.com
