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Supertalls Discussions of projects under construction between 300-599m/1,000-1,999ft tall.
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Old May 13th, 2015, 08:32 PM   #521
ItchyBoy
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Really enjoyable thread with great updates throughout Thanks.
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Old January 7th, 2016, 03:38 AM   #522
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Any updates?
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Old April 1st, 2016, 02:42 PM   #523
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This project could not be carried on as the whole area become a ghost town.
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Old April 1st, 2016, 03:42 PM   #524
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What are you sure its a ghost town

Everything looks great in the photos above
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Old April 3rd, 2016, 04:03 AM   #525
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Ghost city, here we come !!!














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Old April 3rd, 2016, 04:09 AM   #526
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Some time in February from gaoloumi.com






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Old April 3rd, 2016, 05:31 AM   #527
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How many of these towers (by estimate) are actually opened for use? Some seem like if they are still in the construction site (shown by the fences around the towers)
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Old April 3rd, 2016, 06:41 AM   #528
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When companies starts to locate to this area then we will see more cars and people, I think.
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Old April 3rd, 2016, 06:43 AM   #529
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Is this part of the Tianjin FTZ?
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Old April 3rd, 2016, 04:11 PM   #530
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Quote:
Originally Posted by kunming tiger View Post
Is this part of the Tianjin FTZ?
From observing this photo, I would say yes.
My question would be: was this whole area originally designed knowing it would be part of a FTZ?
If yes, then building everything makes sense.
If no, then what a convenient way to make sure the buildings are filled
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Old April 3rd, 2016, 04:30 PM   #531
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There are cars but where are all the people
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Old April 3rd, 2016, 04:33 PM   #532
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I looked at a fb video last night that stated there were 65 million vacant apartments for sale in China but the orindinary Chinese person could never afford to buy one
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Old October 6th, 2016, 04:33 AM   #533
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Old October 12th, 2016, 08:30 AM   #534
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that number seems kinda low. That's a vacancy rate of under 5%
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Old October 17th, 2016, 03:09 AM   #535
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Some buildings are open and in use but most of them aren't.

The public security bureau for example is located here in a nice tower

Many of the buildings are not 100% finished and some of those that are haven't opened doors yet because they must be waiting to sign on more tenants before taking on the operating costs
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Old October 17th, 2016, 03:13 AM   #536
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Re the ownership of apartments, the cost of property is really high in China but ownership rates are also really high.

People here are mostly culturally averse to renting unless they have to.

Owning multiple properties is actually very common and many empty apartments are actually owned. In Chinese culture the parents of a groom are expected to buy their son and daughter in law a property before they get married.

With this in mind loads of people buy them a long time prior as an investment for their son. Typically the son will continue to live with his parents until he's married though, which whilst not covering all of the oversupply and empty properties, does cover an awful lot of them.
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Old October 17th, 2016, 11:01 AM   #537
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Old October 17th, 2016, 11:03 AM   #538
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Old October 17th, 2016, 11:04 AM   #539
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Old October 17th, 2016, 11:12 AM   #540
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