Real Estate

Shanghai Real Estate Market

Shanghai Real Estate Shanghai, China’s largest commercial center, is the home for several thousands of skyscrapers, the unique architecture of theYuyuan Garden, and the world’s third tallest building, the 101 storied Shanghai WorldFinancial Center.  The city has gone through tremendous changes in its real estate sector for the past two decades. Shanghai real estate market has experienced a robust growth since 1990s except a few downturns including the 1999 and 2005 dips.   Despite concerns on rising taxes and sales restrictions, demand has remained high until recently.  The continued economic prosperity has further sustained the city’s real estate market boom, and Shanghai remains a top real estate market in China in terms of sales volumes, floor spaces, and top real estates companies’ total assets.  Until recently,Shanghai real estate market shows no sign of slowing down. 

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Time to Invest in Shanghai Real Estate?

Shanghai real estate market had a strong growth in 2007, and the Chinese government implemented the land appreciation tax and imposed additional restrictions on foreign investment in the sector. Just when it looked like the boom would go on forever, the average housing price in 70 cities suffered consecutive monthly decline during the second half of 2008, and for some cities, year 2008 was the worst in the past ten years.  To combate the impact of

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