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Old March 8th, 2010, 10:44 PM   #1341
z0rg
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Really? Where did you find this?
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More than 300 supertall projects on going in China.

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Old March 9th, 2010, 06:57 AM   #1342
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http://www.cs.com.cn/gz/04/200803/t20080304_1385406.htm
http://www.wall21.cn/corp_1284_details_27762.aspx
http://www.scca.sh.cn/magarticle.aspx?id=582
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Old March 9th, 2010, 09:48 AM   #1343
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How can anyone be interested in that watermelon head building .I think oen of these days some sksycraper junkie will blow it apart.
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Old March 9th, 2010, 11:40 AM   #1344
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Wow, thanks. Another 200m+ for Shanghai then.
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Old March 9th, 2010, 07:40 PM   #1345
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Home renting up as costs deter buying
6 March 2010
Shanghai Daily

HOME renting activities in Shanghai rose in February because buyers were put off by high apartment prices and also on a recovery in demand as migrant workers returned after the Spring Festival holiday, the city's largest property agency said.

Across the city, the volume of rentals, by units, rose one fifth month on month, with most deals, 24 percent of the city's total, concluded in Pudong New Area, 10 percent in Baoshan District and 9 percent in Minhang District, according to Shanghai Centaline Property Consultants Ltd, operator of more than 180 branches.

However, different areas recorded a mixed picture for rents with the city's average shedding 11 percent from January to 36.90 yuan (US$5.40) per square meter per month in February.

"Shanghai's overall leasing market rebounded last month because more people temporarily gave up their plans to buy homes and rented apartments instead amid record high housing prices," said Ma Ji, a senior research manager at Shanghai Centaline.

"Moreover, migrant workers returning to the city also helped boost demand."

Rent cuts by some owners of high-end properties and more renting deals involving mid-to-low class apartments contributed to the drop in average rent last month, according to the company's research.

The average price of new homes, excluding those designated for relocated residents under urban redevelopment plans, remained at a high of 19,696 yuan per square meter in the city in February, according to latest industry statistics.
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Old March 11th, 2010, 12:56 AM   #1346
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New huge hospital in Pudong:

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Old March 11th, 2010, 01:26 AM   #1347
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Shanghai Cultural Center -- world's largest underground theater:










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Old March 15th, 2010, 01:21 AM   #1348
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By 天池
Sanzhi Hotel, by Arquitectonica I think


Great Wall Mansion


Forgot the name of this, but anyway this one was finished more than one year ago if I'm not wrong.
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Old March 15th, 2010, 03:16 AM   #1349
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Great updates.
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Old March 15th, 2010, 03:32 AM   #1350
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hmm, if only they could have located these buildings in the pudong area, then that will really add more to their skyline
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Old March 15th, 2010, 03:59 AM   #1351
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Shanghai's other CBDs need towers as well.
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Old March 15th, 2010, 10:41 AM   #1352
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Quote:
Originally Posted by Ewan117 View Post
hmm, if only they could have located these buildings in the pudong area, then that will really add more to their skyline
There's another big one coming next to SWFC!
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Old March 16th, 2010, 03:36 PM   #1353
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Doubts hit new home sales
16 March 2010
Shanghai Daily

NEW home sales in Shanghai continued to be sluggish in the first two weeks of this month amid low supply as real estate developers are uncertain of the prospects for the market.

About 218,000 square meters of new homes, excluding those designated for relocated residents under urban redevelopment plans, were sold in the city between March 1 and March 14, less than half of the volume in the same period a year earlier.

The supply of new homes during the two weeks plunged to 93,000 square meters, even less than 10 percent of the stock in the same period in 2009, Shanghai Uwin Real Estate Information Services Co said yesterday.

"Most real estate developers are still not sure about how to price their products properly," said Lu Qilin, a researcher at Uwin. "On one hand, they fear that sales will be affected if they set their prices too high but on the other hand, they might lose money if the price is set too low. Releasing supply in small volumes could help test the water for them."

The market did an about-turn over the past two-and-a-half months after a crazy 2009 when housing prices nationwide soared at a record pace.

"Most developers won't likely to launch large volumes of new homes into the market until they get a clearer perspective," Lu added. In Shanghai, the housing market usually starts to pick up in March with both supply and sales rebounding notably after the traditional slack January and February when the Spring Festival holiday occurs, analysts said.

While transactions in the housing market were sluggish, prices continued to stay above the 20,000 yuan (US$2,928) per square meter mark. The average price of new homes hit 20,487 yuan per square meter in Shanghai in the first 14 days of the month, against 19,696 yuan per square meter in February, according to Uwin statistics.

The Shanghai Statistics Bureau also said yesterday investment in real estate development climbed nearly 12 percent to 23.1 billion yuan in the first two months of the year and housing sales dropped 7 percent to 2.83 million square meters in the same period.
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Old March 17th, 2010, 03:29 AM   #1354
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those new design 25-35 storey buildings are very important for shanghai .need more.
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Old March 17th, 2010, 09:03 PM   #1355
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Looking for images

Does anyone have images of the new Intercontinental Hotel Shanghai Expo that is set to open next month at the Pudong Expo site?


http://www.ichotelsgroup.com/hotelme..._EXTR_02_L.jpg
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Old March 17th, 2010, 09:14 PM   #1356
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Quote:
Originally Posted by hkskyline View Post
Doubts hit new home sales
16 March 2010
Shanghai Daily

................

"Most real estate developers are still not sure about how to price their products properly," said Lu Qilin, a researcher at Uwin. "On one hand, they fear that sales will be affected if they set their prices too high but on the other hand, they might lose money if the price is set too low. Releasing supply in small volumes could help test the water for them."

................
I don't know much about property market, but according to the article above, the developer who decide the price. So China today real estate bubble is because developers set higher price.

Why they don't lowering their price so common people can buy? There's a lot vacant buildings, why they don't give discount to attract more people to buy? Just like in department store.
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Old March 21st, 2010, 07:57 PM   #1357
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Grass greener on other side
19 March 2010
Shanghai Daily

HOUSING developments in outlying areas of Shanghai dominate this year's spring property fair with developers from nearby provinces going all out to market their projects to local buyers, banking on improved inter-city traffic links and affordable prices for their projects.

The annual Shanghai Spring Real Estate Exhibition, viewed as the barometer of the city's housing market for the whole year, started yesterday at the Shanghai Exhibition Center. About 200 real estate projects, comprising residential and commercial developments designed for both end-users and investors, are displayed at the four-day fair, said VNU Exhibition Asia and Zhonghao Exhibitions, the joint organizers of the event.

"Housing projects I can afford all seem to be located near the Outer Ring Road or even further and I don't expect any significant price cuts by developers at the moment as most of them are still cash-affluent," said Vincent Li, about 35, an office worker who has been looking for a two-bedroom apartment for his parents since mid 2009. "Anyway, I will collect some information and maybe take a site trip later as shuttle services are available for some projects."

Surging home prices in the city over the past year have quickly cut buyers' affordability to own them.

"We've been receiving a growing number of clients from Shanghai over the past few years amid improving traffic and economic ties between the two cities," said Xu Junbiao, deputy sales director with Future City, a major residential development in Suzhou Industrial Park. "More than 10 percent of our apartment owners are from Shanghai, both investors and end-users."

Xu's company is among a group of six developers in Suzhou which have brought a total of eight projects to the fair in Shanghai.

While average prices of new homes in Shanghai have soared to 20,487 yuan (US$3,000) per square meter in the first two weeks of March, those for new residential projects cost below 12,000 yuan per square meter in Suzhou.

The traveling time to the city in Jiangsu Province will be cut to 15 minutes when the Shanghai-Nanjing high speed rail project is completed, according to analysts.
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Old March 21st, 2010, 11:17 PM   #1358
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By 860oak. They finished that tower next to the Expo area. Name and height again?
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Old March 21st, 2010, 11:59 PM   #1359
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It is looking great! I don't know the name or height, actually. I think we branded it as North Expo Tower or similarly in the maps.
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Old March 22nd, 2010, 03:25 PM   #1360
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such clear skies in Shanghai! nice pano, is the sky usually like this?
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