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Shanghai Real Estate Market
Investing in Real Estates in
Shanghai, China
Also see:
Shanghai Real Estate
Shanghai Real Estate Market
Shanghai Real Estate for Sale
Shanghai Real Estate Market:
There's plenty of kinds of real estate housing in Shanghai, but there is no longer
the excess of real estate that their once was. Prices are finally on the
rise, but still a lot cheaper than anything you'd get back home.
Here is a rough guide to the types of real estate housing available:
Expat Communities/Villas: They can be expensive, but they can feature
gardens, split-level living, garages, full amenities and a health club
somewhere close by. You will pay handsomely for this luxury. Most of the
villa developments are in the Hongqiao and Gubei areas to the west of the
city center. Two big ones, Tomson Golf Villa and Shanghai Links are in
Pudong.
Old Villas: Much more classy, generally in the old French concession area.
These are residences dating from before the Communist takeover in 1949. The
Shanghailanders sure knew how to live in style. For old houses which have
been properly renovated, with electrical and plumbing updated, prices can be
high, but the location is great and comfort guaranteed. For those that
haven't been renovated ... expect problems amidst the grandeur.
Expat Apartments: These range from luxurious to nice, and from downtown to
Pudong, with prices varying accordingly.
Living with the Chinese: This is the cheapest way to go, and more and more
foreigners are turning to this option. Many real estate agents are now able
to provide an interpreter, though if language is a problem, you might want
to bring a long a Chinese speaking friend..
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