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Old August 15th, 2013, 10:29 PM   #16181
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Old August 15th, 2013, 10:39 PM   #16182
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so next tower to join has to be a twin tower above 400m to avoid the unlucky 4?
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Old August 15th, 2013, 11:12 PM   #16183
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There won't be a 4th tower. I remember reading somewhere that Shanghai's urban planners were inspired by Singapore's skyline - the trinity supposed has some auspicious connotation to it.
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Old August 16th, 2013, 12:44 AM   #16184
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Well that's kind of a bummer.. there seems to be plenty of open space around for another tall tower or two.
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Old August 16th, 2013, 01:56 AM   #16185
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Maybe a generation from now when "China's dynamic future" is now the present, they might add another, even taller one.
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Old August 16th, 2013, 02:28 AM   #16186
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image hosted on flickr

shanghai by 张溢炜, on Flickr

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shanghai by 张溢炜, on Flickr
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Old August 16th, 2013, 10:23 AM   #16187
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It is easy to get lost on those identical apartment blocks.
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Old August 16th, 2013, 01:09 PM   #16188
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Pudong Skyline, Shanghai, China by chris.i, on Flickr
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Old August 16th, 2013, 08:41 PM   #16189
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Nice pic
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Old August 16th, 2013, 08:43 PM   #16190
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Old August 16th, 2013, 08:43 PM   #16191
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That's going to look great!
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Old August 16th, 2013, 09:40 PM   #16192
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that glass is so shiny.
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Old August 17th, 2013, 03:40 AM   #16193
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We should probably enjoy this while we can ---

I am afraid that Shanghai Tower and the plethora of other supertalls currently under construction might be the last hurrah for awhile. The reason being is a credit crunch and financial crisis much in the same that hammered the American economy in 2008 is now starting to take hold in China. The residential real estate market has tanked and growth has slowed in China overall. So far Shanghai and Beijing are weathering the storm but it is a matter of time before this spreads into the commercial real estate market and new construction. Those are an awful lot of supertalls across the country that will need to be leased.

The American CBS News program 60-Minutes illustrated the challenges in residential real estate this past Sunday (Aug 11th 2013). In some cities there are miles of empty housing projects and half finished apartment towers. How China will deal with this given they are a totalitarian society is anyones guess. We see Dubai has slowed considerably as far as new construction goes. They are more catching their breath than anything. China is a different story.

Shanghai Tower, because of it's uniqueness will probably have no problems leasing etc... we should enjoy this construction while it lasts. Us Skyscraper nerds could be in for a bit of a dry spell. Hope i'm wrong.
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Old August 17th, 2013, 03:48 AM   #16194
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an american news program might not be the most objective and insightful media on a chinese problem.
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Old August 17th, 2013, 03:58 AM   #16195
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Quote:
Originally Posted by ABQ_X-PAT View Post
I am afraid that Shanghai Tower and the plethora of other supertalls currently under construction might be the last hurrah for awhile. The reason being is a credit crunch and financial crisis much in the same that hammered the American economy in 2008 is now starting to take hold in China. The residential real estate market has tanked and growth has slowed in China overall. So far Shanghai and Beijing are weathering the storm but it is a matter of time before this spreads into the commercial real estate market and new construction. Those are an awful lot of supertalls across the country that will need to be leased.

The American CBS News program 60-Minutes illustrated the challenges in residential real estate this past Sunday (Aug 11th 2013). In some cities there are miles of empty housing projects and half finished apartment towers. How China will deal with this given they are a totalitarian society is anyones guess. We see Dubai has slowed considerably as far as new construction goes. They are more catching their breath than anything. China is a different story.

Shanghai Tower, because of it's uniqueness will probably have no problems leasing etc... we should enjoy this construction while it lasts. Us Skyscraper nerds could be in for a bit of a dry spell. Hope i'm wrong.
I can sense America's insecurity by this article. They should worry about their own economy rather than scrutinizing others
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Old August 17th, 2013, 04:03 AM   #16196
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Wasn't it also "60 Minutes" that made this hilarious coverage about Tianjin Binhai CBD? Standing in front of towers that are still U/C and worry about them still being empty...lol

And again...just check Shanghai's and Beijing's dangerously low vacancy rates...


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Old August 17th, 2013, 04:37 AM   #16197
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Quote:
Originally Posted by ABQ_X-PAT View Post
I am afraid that Shanghai Tower and the plethora of other supertalls currently under construction might be the last hurrah for awhile. The reason being is a credit crunch and financial crisis much in the same that hammered the American economy in 2008 is now starting to take hold in China. The residential real estate market has tanked and growth has slowed in China overall. So far Shanghai and Beijing are weathering the storm but it is a matter of time before this spreads into the commercial real estate market and new construction. Those are an awful lot of supertalls across the country that will need to be leased.

The American CBS News program 60-Minutes illustrated the challenges in residential real estate this past Sunday (Aug 11th 2013). In some cities there are miles of empty housing projects and half finished apartment towers. How China will deal with this given they are a totalitarian society is anyones guess. We see Dubai has slowed considerably as far as new construction goes. They are more catching their breath than anything. China is a different story.

Shanghai Tower, because of it's uniqueness will probably have no problems leasing etc... we should enjoy this construction while it lasts. Us Skyscraper nerds could be in for a bit of a dry spell. Hope i'm wrong.
Wrong. Everything.

Firstly, China is not a 'totalitarian' society.

Secondly, there is nothing (and will not be) of the 'same that hammered American economy'. Takes 30 minutes of research to see why. Not gonna explain here.

Thirdly, supertalls are virtually all offices/hotels and office vacancy rates are at perhaps all time low. In fact, dangerously low in some cities.

Fourthly, those kind of stories on 'ghost towns' were popular on American and other TV stations because they look quite amazing on the surface. By now they became somewhat boring and a laughing material. Yet, as I can see, there still are poeple who buy them. True there are some empty buildings after completion of some projects. But those 'observers' ignore one fundamental reason for that: the fact that residential (or any other for that matter) developments in Chinese cities are built 'by miles' in the first place. There simply has never been such development patterns and scale (building entire urban district in one go) in America or anywhere else which is why the 'experts' and 'analysts' who create such stories have simply no idea what they're talking about because they simply have never seen that happening and never bothered to look into it because they 'know better'. Their limited minds and worldviews simply do not allow them to comprehend the idea that things in fact can be and aredone in a different way than what they are used to see at home.

Of course if you built thousands of units in one go in one location they will stay empty for longer than a dozen of units in one location. This is simply common sense and basic logic which some of those 'analysts' are unable to crunch.

There are challenges and even a probability of a slowdown but such 'insights' are completely out of touch with reality. And they are still having a hangover after the tirade of negative stories on China's HSR a couple of years back which by now has been proven to be a complete bluff and sham journalism at its worst. Just how pathetic. What's next? A huge asteroid is flying towards China?

Last edited by Pansori; August 17th, 2013 at 04:53 AM.
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Old August 17th, 2013, 05:05 AM   #16198
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Quote:
Originally Posted by Pansori View Post
Wrong. Everything.

Firstly, China is not a 'totalitarian' society.

Secondly, there is nothing (and will not be) of the 'same that hammered American economy'. Takes 30 minutes of research to see why. Not gonna explain here.

Thirdly, supertalls are virtually all offices/hotels and office vacancy rates are at perhaps all time low. In fact, dangerously low in some cities.

Fourthly, those kind of stories on 'ghost towns' were popular on American and other TV stations because they look quite amazing on the surface. By now they became somewhat boring and a laughing material. Yet, as I can see, there still are poeple who buy them. True there are some empty buildings after completion of some projects. But those 'observers' ignore one fundamental reason for that: the fact that residential (or any other for that matter) developments in Chinese cities are built 'by miles' in the first place. There simply has never been such development patterns and scale (building entire urban district in one go) in America or anywhere else which is why the 'experts' and 'analysts' who create such stories have simply no idea what they're talking about because they simply have never seen that happening and never bothered to look into it because they 'know better'. Their limited minds and worldviews simply do not allow them to comprehend the idea that things in fact can be and aredone in a different way than what they are used to see at home.

Of course if you built thousands of units in one go in one location they will stay empty for longer than a dozen of units in one location. This is simply common sense and basic logic which some of those 'analysts' are unable to crunch.

There are challenges and even a probability of a slowdown but such 'insights' are completely out of touch with reality. And they are still having a hangover after the tirade of negative stories on China's HSR a couple of years back which by now has been proven to be a complete bluff and sham journalism at its worst. Just how pathetic. What's next? A huge asteroid is flying towards China?
Why would they build all these buildings to sit empty? They chose too? Doubt it..
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Old August 17th, 2013, 05:06 AM   #16199
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Originally Posted by 1Filipe1 View Post
Why would they build all these buildings to sit empty? They chose too? Doubt it..
It was explained numerous times already.
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Old August 17th, 2013, 05:09 AM   #16200
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It was explained numerous times already.
Woops my fault for asking such a question.. i guess we should all know everything about china..god forbid i ask a question
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