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The soaring trading volume of luxury housing, together with developers' move to raise housing prices, has pushed up the average housing price in Shanghai to approach 17,400 yuan ($2,547) per sq m ...
Shanghai’s lofty property prices play a key role in making luxury retirement homes affordable to the city’s elderly. The latest report from the Shanghai Academy of Social Sciences shows that the ...
SHANGHAI — In Shanghai’s overheated property market, buyers typically gravitate toward glossy new buildings, and the more luxurious, the better. But Hebe Ting, a property investor from ...
Apartments worth $3.8 million were five times oversubscribed. Shanghai’s luxury real estate market is a bright spot in China’s bleak property sector. Photographer: Raul Ariano/Bloomberg(Bloomberg) ...
Luxury homes are defined as those priced over 30 million yuan (US$4.2 million). In Shanghai, the majority of ultra-expensive apartments are concentrated in the city center, while villas are ...
Perched between the 53rd and 87th floors of the Jin Mao Tower, the Grand Hyatt Shanghai is a five-star hotel that quite literally takes luxury to new heights. With its breathtaking views and world ...
Similarly, developer Sunac's One Sino Park project saw 4,000 potential buyers vying for 204 apartments, despite the cheapest one costing nearly $5 million - a record high in Shanghai this year.