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.

Saturday, December 8, 2007

SHERATON RESIDENCE

Labels: Pudong, Shanghai

SHERATON RESIDENCE
Pudong

1 bedroom/52M2...............................RMB 32000-36000
1 bedroom+1 study room/78M2..........RMB 36000-40000
2 bedrooms/78M2-104M2...................RMB 40000-48000
2 bedroom+study room/130M2............RMB 48000-50000
Rates subject to change

Property Type: Service Apartment
Completion Time: March 2007
Gross Area: 52-130 Sqm Bathrooms: 1-2
Amenities and Services: 24-hour Security, 24-hour Service Center, Satellite TV, Indoor Pool, Gym, Sauna, SPA, Business Center, Meeting Facilities, Restaurant, Cafe
Furnishings: Fully Furnished
Location: 5 minutes east of Nanpu Bridge, 10 minutes south of Lujiazui CBD, 25 minutes to Puxi central downtown area, 30 minutes to Pudong airport
Remarks: Sheraton Residence is a high standard serviced property that conveniently located at Pudong Tangqiao area, a new business and commercial district in south-eastern Pudong. It is part of the multi-use You You International Plaza Complex. The complex consists four buildings: Sheraton Shanghai Hotel, The Residences, Four Points by Sheraton Shanghai Pudong, an office tower and a retail complex.
Popularity Ratings: N/A
Availability: Available now for rent

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